Tag Archives: Parr Insurance

Insurance Exclusions You Should Know

Homeowner’s insurance covers many damages, including theft, wind or fire perils and more. It adds liability insurance to the standard hazard policy to cover any injuries to people on your property. Your homeowner’s insurance kicks in, for example, if your dog might bite a child.

But many potential disasters aren’t covered, such as flood and earthquake damage. Look at the exclusions category of your homeowner’s insurance to see what your existing policy doesn’t pay for. If you’re at risk for these scenarios, additional insurance policies are available (and may even be required from lenders if you’re taking out a mortgage).

Here are common exclusions not covered by Home-owners insurance

War
Neglect
Water damage (can be covered in certain geographical regions)
Earth movement (can be covered in certain geographical regions)
Power failure
Ordinance or law
Intentional loss
Nuclear hazard

In the case of the destruction of your home, many policies cover your loss up to an initial estimate, but some policies provide guaranteed replacement, which covers the complete repair or rebuilding costs.

Also, check your deductibles, the amount you must pay out of pocket before your benefits kick in. If you have the cash flow to handle the initial costs should anything happen, you may want to opt for a higher deductible to lower your premium. Claiming small losses on your homeowner’s insurance can increase your rate, and the insurer can cancel your policy in some circumstances.

Renter’s insurance protects against the loss or destruction of your possessions. If you are a renter, you want to make sure you have it, because your landlord’s insurance doesn’t cover you.

Renter’s insurance is often very affordable, and many landlords require it before accepting a lease. Similar to homeowner’s, renter’s insurance also provides your personal liability coverage. If someone visiting you is injured in your home, the insurance company pays. But there are also exclusions present in Renter’s insurance. Here are some common ones:

*Jewelry
*Electronic
*Computer Equipment
*Art
*Collections or Collectibles

To get the best possible coverage on your Homeowner’s insurance make sure to contact us at Parr Insurance
773-489-3001
2157 N. Damen Ave
Chicago, IL

SOFA Chicago Art Exposé Navy Pier

This weekend marks an important annual date on the city’s arts calendar. That’s because the art fair Sofa Chicago docks at Navy Pier the first weekend of November. SOFA stands for “sculptural objects and functional art,” but the content of the fair has an even broader scope.

Tom Neis, Dwight Zivo, Amelia Sweet, and Melissa Neis, representatives of Parr Insurance, were all present at the VIP Opening Night Preview. The event was hosted by Chubb Group of Insurance Companies (http://www.chubb.com), the standard bearer for high value homeowners insurance .

Donna Davis, Fair Director for SOFA Chicago, says you can expect to see modern and contemporary art and design, objects and sculpture. “You’ll see world-class galleries showing fiber, glass, ceramic, wood and studio jewelry,” Davis said. This year, SOFA also included painting, photography and works on paper. The nearly 70 galleries represented at SOFA include both local stalwarts and visiting galleries from around the world, including those from London, Paris, Turkey and Italy. Davis says that many exhibitors return year after year. “They like to come back,” she said. “But we also have 17 new exhibitors this year, which is a record for us.”

At times the range of work can feel overwhelming to some, so there is a selection of choices put together by critics called Sofa selects. “It is a selection noted tastemakers – curators, critics, designers, architects – who select their favorite pieces in the fair before the fair opens,” Davis explained. “You can go to SOFAexpo.com and select ‘Sofa selects’ and see those people who have chosen those pieces and why.”

SOFA Chicago runs Nov. 5-8 at Navy Pier’s Festival Hall, from 5-9 p.m. Thursday; 11 a.m.-7 p.m. Friday-Saturday; noon-6 p.m. Sunday. General admission tickets cost $20; $15 for seniors and students. For my information visit http://www.sofaexpo.com/visit

Collaboraction – Beggar’s Banquet!

Collaboraction, the Chicago-based theater company dedicated to social change, collaboration and original work, launched its 20th season in Wicker Park with its always popular Beggars’ Banquet, this year honoring Collaboraction founder and nationally acclaimed director Kimberly Senior. Parr Insurance was one of the sponsors of Collaboraction. Melissa Neis, VP of Parr Insurance Brokerage, was the event Chairperson.”

Over 200 supporters raised more than $50,000 for the company while having an absolute blast at the time-traveling celebration of the company’s origins, 20-year history and exciting new future. The evening kicked off with paparazzi shots, cocktails and a delicious Chop Shop buffet, followed by a raffle and live auction. Kimberley Senior founded Collaboraction in 1995, and current Artistic Director, Anthony Moseley, joined the company in its third show and collaborated with Senior on numerous productions before taking over the helm. Moseley says “The first 20 years of Collaboraction cultivated a tremendous volume of theatre and relationships and amazing shared moments. It is a tremendous privilege, to take a moment, to remember and share and celebrate these accomplishments, before getting sucked back up by the excitement around our unique new work and mission we have laid out for the next five years to use all this energy we have created to make a positive impact on Chicago.”

Proceeds will help fund Collaboraction’s Teen Youth Ensemble program with After School Matters, Collaboraction’s Crime Scene tours to Chicago’s parks each summer, new play development, and salaries for dozens of local actors, performers and artists each year.