Business & Tech

Business Spotlight: Peterson Insurance Going Strong After 30 Years

Business owners in La Grange, La Grange Park and Western Springs tell Patch how their businesses came about and what makes them unique in town.

Business: Peterson & Associates Insurance, 1000 Hillgrove Ave. in Western Springs 

Owner: Craig Peterson

Founded: 1982

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How did the business come to be?

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My father started our independent insurance agency in 1982 in Oak Park. Prior to that he had worked for Allstate and then CNA Insurance Company for years. He came to a point that he decided to go out on his own and start his own agency.

I joined the agency in 1999 after working in sales for three years in a different industry. Since then we have partnered up in the business, with my father slowly moving out of the business. In 2011 I moved the office to Western Springs to be closer to home, which is in La Grange Park. 

Why did you choose the area? 

Great area, good source for business and the main reason was that it is closer to home. With four young boys and my wife working part time, I needed to be closer to home. Now I am 10 minutes from the house, can stay involved with my kids activities while still getting my work done and getting into the office. It is the best of both worlds.

What does your business offer?

We are an independent insurance agency that sells auto, home, business, life and health insurance. We contract with many different companies with the one goal of finding you the most competitive priced insurance as well as the coverage that is best for our client.  

Although price is important, we try to educate our clients so they understand what it is they are buying and to make sure that they are for sure getting the correct coverage at the right price.

What's something interesting about your business your customers might not know?

That you deal with the owners on a day to day basis. We take an interest in our clients and hope that they see how committed we are to helping them have the right coverage at the right price.

What's your most popular product or service?

We have some great companies we represent, each one having different coverage options that allow us to generally have the right product/price for everyone.

Editor's note: Business Spotlight is a regular column featuring information provided by local businesses. If you're a local business, share your information in this form. We also write features about local businesses. To send your ideas, email editor Michael Sewall at michael.sewall@patch.com. Businesses can also blog on Patch or share events in our calendar.


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