A coverage that is often overlooked when a commercial insurance policy is being put together is business income coverage or business continuation coverage. What this coverage does for the client is it protects them in the event of a disaster where they are put out of business. It will give them an income stream to continue their operations in the meantime until they can get back on their feet. An...

Hello. I am Ron Philleo with Philleo Agency Insurance. A lot of insurance companies are using credit scoring to determine your rates and your eligibility in order to be able to get insurance. Today I am going to talk to you a little bit about how that you can benefit you or how it may hurt you. Why do they use credit scoring? Well credit scoring is just another underwriting tool. It is like...

Hello. I’m Ron Philleo with Philleo Agency Insurance. Insuring a commercial building can be difficult. Today I’ll go through a few items that’ll make it a little bit easier for you. The first thing we need to know is what kind of building did you buy? Is it an apartment building? Is it an office complex? Is it a restaurant? Some buildings combine a little bit of everything;...

Hello. I’m Ron Philleo with Philleo Agency Insurance. Today I’m going to help you decide whether you need to carry what’s known as collision and comprehensive on your vehicle, or it’s sometimes referred to full coverage. Now, there’s a couple different aspects of the insurance policy you’re going to want to be aware of. Liability is coverage in case you injure...

How do I get homeowners insurance? How do I go about doing that? What do I need to provide to the agent and how do they get a quote and set up coverage for me? That is a very common question. If you need homeowner’s insurance, you are buying your first home or your first condominium and you are not sure how to go about doing it, here are a few tips for you. Call an agent. We don’t...

Hello, I’m Ron Philleo with Philleo Agency Insurance, and welcome to Video Insurance Agency. Today’s video is jewelry coverage. Jewelry coverage is covered underneath your homeowner’s policy, renter’s, or condo policy, but there’s very limited coverage for jewelry under those policies. Typically a homeowner’s policy will cover $1,000 or maybe $2,500 per item,...

Personal liability – It is a question of what is it and what does it do for me? Well, personal liability insurance most likely is attached to your home, condo, or renter’s policy if you carry personal liability. It covers you on and off premises at your home. It will protect you in case a lawsuit or a claim is brought against you where you are responsible for the injuries to other...

Hello and welcome to Coverage Concepts. I’m Ron Philleo with Philleo Agency Insurance. One of the calls we get frequently is, “I’m buying a new house or a condominium and my mortgage guy said I have to have homeowner’s insurance or hazard insurance. Can you help me with that?” Well let me explain what homeowner’s insurance does. When you purchase a new home...

Hello and welcome to Coverage Concepts. I am Ron Philleo with Philleo Agency Insurance. People often call our agency asking, “Do I need auto insurance, and what is it and how do I get it?” Well if you drive a vehicle, you definitely need auto insurance. Some states actually require you carry auto insurance in order to be able to renew your license or get plates for your vehicle. Regardless...

So you have a child going off to college. Well there’s a couple of things to keep in mind when it comes to insurance and a child going off to college. Let’s start with the auto insurance. There are several different things to keep in mind. Is your child going to be taking a vehicle with them to school? If they are, you’re going to want to make sure their coverage is on the...