Your Local Frankfort Insurance Agency
Also Serving Tinley Park, Orland Park, Mokena & New Lenox
For more than a decade, the team at Edward Wilkins has helped families and businesses in Frankfort and the southwest suburbs get clear, reliable coverage with Farmers® Insurance — right here at home.
Insurance Shouldn’t Be Confusing — Or Distant
Insurance gaps only show up when it’s too late.
Don’t wait until after an accident or storm to realize your coverage fell short.
As your local Farmers® agent in Frankfort, Edward and his team make sure families stay protected when it matters most.
Call Centers Don’t Know Your Neighborhood
Big 1-800 numbers treat you like a file, not a neighbor. With Edward, you get real local guidance right here in Frankfort.
Cheap Plans Disappear When You Need Them
Cheap online insurance looks good until the fine print leaves you stranded. Edward makes sure your coverage is there when it counts.
Don’t Wait Until Disaster Strikes
Too many families only find gaps after an accident or storm. Get protected now — before you’re paying out of pocket.
Meet Edward Wilkins — Your Local Guide in Insurance
Serving Frankfort & Southwest Suburbs Since 2012.
For more than a decade, Edward and his team have been helping families and businesses in Frankfort, Tinley Park, Orland Park, Mokena, and New Lenox protect what they’ve worked hard for.
As your local Farmers® Insurance agency since 2012, the team at Edward Wilkins brings national strength backed by personal attention. You’ll never be routed to a call center — when you call, you talk directly to The Wilkins Group, right here in Frankfort.
Coverage Made Simple for Local Families & Businesses
No matter where you live in Chicago’s southwest suburbs, Edward makes coverage simple:
Home/Renters Insurance
Safeguard your home, condo, or apartment with flexible protection for where you live.
Auto Insurance
Protect your car and family with reliable coverage and award-winning claims service.
Motorcycle Insurance
Ride with confidence thanks to coverage for your bike, accessories, and trip interruptions.
Umbrella Insurance
Add an extra layer of security that shields you from life’s unexpected and costly “what ifs.”
Life Insurance
Plan ahead with term or whole life options designed to protect your loved ones long into the future.
Business Insurance
Secure your business with property, liability, and Buy-Sell Agreement protection you can count on.
Every year, rates change. Don’t miss the chance to lock in coverage before premiums rise.
Specialty & Adventure Coverage
From boats and personal watercraft to RVs, ATVs, and 5th wheels — Edward offers specialized coverage designed for the way locals in Frankfort, Tinley Park, Orland Park, Mokena, and New Lenox actually live. Don’t find out too late that your weekend toys weren’t fully covered.
Boats & Watercraft
Protection for your boat, jet ski, or personal watercraft so you can enjoy the water worry-free.
RVs & Motorhomes
Coverage for your RV, camper, or motorhome whether you’re parked, in storage, or on the move.
ATVs & Off-Road Vehicles
Specialized protection for your four-wheelers and off-road vehicles built for recreation and adventure.
Trailers & 5th Wheels
Coverage for travel trailers and 5th wheels so your getaways go off without a hitch and stay on track.
Why Your Neighbors Choose The Wilkins Group
Trusted by families and businesses across Frankfort, Tinley Park, Orland Park, Mokena, and New Lenox since 2012.
Local Service, National Strength
Backed by Farmers® but rooted right here in Frankfort.
Trusted for More Than a Decade
Serving families and businesses since 2012.
Always Here, Always Accessible
Available Monday–Friday, 8:30 AM–5:30 PM.
Personalized Policy Quotes
Every policy tailored to your needs.
Focused On the Local Community
Serving Frankfort, Tinley Park, Orland Park, Mokena & New Lenox.
Real People, No Call Centers
When you call, you talk to Edward’s team directly.
Market Value vs Replacement Cost: Which Home Insurance Coverage Actually Protects Your Home?
Market Value vs Replacement Cost: Which Home Insurance Coverage Actually Protects Your Home?
As a trusted insurance partner in Frankfort, IL and beyond, Edward Wilkins Insurance Agency frequently hears this question: ‘Should my home insurance be based on market value or replacement cost?’ If you’re uncertain about what these terms mean for your coverage, you’re in the right place. Let’s break it down—clearly, and with local expertise you can trust.
What is Market Value?
The market value is the price your home would sell for in today’s real estate market—including your land. It’s influenced by neighborhood, school districts, demand trends, and even local tax rates. However, market value does not always match the cost to rebuild your home after a disaster.
What is Replacement Cost?
Your home’s replacement cost is the expense to rebuild the house from scratch with similar materials and craftsmanship, excluding land value. This coverage is based on construction costs, not the ups and downs of the housing market. With soaring material prices in Illinois and across the country, replacement cost often exceeds market value.
Example: If your Tinley Park home’s market value is $380,000—but it would take $440,000 to rebuild it after a fire—that $60,000 gap could leave you struggling without the right policy.
Why Does This Difference Matter in Illinois?
- Market Value Policy: May leave you underinsured. You get a payout based only on the (possibly low) sale price—even if rebuilding costs far more.
- Replacement Cost Policy: Helps ensure your family gets a home just like the one you lost—materials, layout, finishes—after a covered loss.
Coverage Tip: Most real financial hardship after disasters comes from coverage gaps. Markets can dip. Construction rarely goes on sale.
How Edward Wilkins Insurance Breaks It Down (With AI-Powered Precision)
We use the latest AI risk models and local market analytics to ensure your home is neither over- nor underinsured. Our team ensures:
- ✅ Up-to-date replacement cost estimates reflecting Illinois building codes and material prices
- ✅ Personalized advice: No call centers. Every family, condo, or rental gets a real person (and sometimes, a smart AI check on top!)
- ✅ Review reminders (especially if you renovate or add features)
Ready for peace of mind?
Schedule Your Free Home Insurance Review
Or call our Frankfort team any time for fast, friendly advice.
Schedule Your Free Home Insurance Review
Or call our Frankfort team any time for fast, friendly advice.
Expert Takeaways: How to Protect ‘What Matters Most’
- Don’t rely on generic online insurance quotes. Local construction costs and personalized advice matter more than national averages.
- Review your policy every 2-3 years—and any time you remodel.
- Ask for a replacement cost coverage estimate—it’s vital for true peace of mind.
Protect your local legacy. At Edward Wilkins Insurance, our promise is in our approach: we combine AI-driven precision with small-town service—so your home (and future) are always in capable hands.
Serving Frankfort, Tinley Park, Orland Park, Mokena, New Lenox, and all neighboring Illinois communities with integrity since 2012.
Let’s keep you protected—whatever tomorrow brings.
Testimonials
Don’t take our word for it, hear what our happy clients have to say...
"I have worked with the SLP team for years. They have always provided me with great advise and there service as be the best around."
Nathan Klug
"I always hate having to renew my insurance, but the SLP Insurance team has made it easy for me to take care of all my needs in one place. Thanks!"
Kenneth McCreery
The right coverage can’t wait until after an accident or storm. Protect your family and business today with Edward Wilkins — your local Farmers® Insurance agent in Frankfort.