Wallace & Turner has once again been named to Dayton Business Journal’s Top Property & Casualty Insurance Agencies for 2024.
Operating locally in Springfield, Ohio since 1870, Wallace & Turner is one of the oldest independent insurance agencies in the state. We provide personal insurance, commercial insurance and life & health coverage.
View the list here. (Subscription required)
In recognition of his remarkable achievements in the insurance industry and inspiring others through countless philanthropic efforts, President Patrick Field was inducted into the Junior Achievement Mad River 2024 Business Hall of Fame. The awards ceremony was held on May 8 at the Hollenbeck Bayley Creative Arts and Conference Center in Springfield.
Junior Achievement of Mad River Region is a nonprofit that inspires and prepares young people for success. Junior Achievement’s proven lessons in financial literacy, work and career readiness, and entrepreneurship are shown to positively impact the lives of young people. These lessons align with national and state educational standards and are delivered to millions of students across the country with the help of education partners and volunteers from the local community. Research shows that JA Alumni are more likely to have a college degree, feel confident managing money, have career success, and have started a business as an adult. Wallace & Turner has a long history of participation and support for Junior Achievement.
Wallace & Turner is proud to once again support the New Carlisle Farmers Market being held every Saturday beginning June 15 through September 28 from 10 am to 2 pm on Main St.
The market’s mission is to provide the community with local healthy foods, baked goods, and arts and crafts. Many special market events are planned this year along with live entertainment and family friendly activities.
Check out the full calendar of events here.
Wallace & Turner is sponsoring Bike to Work Day 2024, hosted by the City of Springfield on May 17. The event will mark not only the unofficial opening of bicycle season locally but the unofficial premier event on the newly renovated City Hall Plaza at 76 E High Street, Springfield, Ohio.
Wallace & Turner is proud to once again sponsor Ridgewood School's Hearts & Hands Dinner and Auction. This year’s event will raise funds to support students' exploration, including covering the costs of materials for classes, field trips, activities, guest speakers, programs and special events.
The Dinner and Auction is being held Friday, May 10 at Ridgewood School, 2420 Saint Paris Pike, Springfield, Ohio. View the schedule below:
5:30 p.m. Social Hour, Hors d'oeuvres, Silent Auction
6:30 p.m. Dinner by Kohler Catering
7:30 p.m. Live Auction, Auctioneer Jeff Harvey
Free Onsite Childcare for Children Over 3 - Please call the school at 937-399-8900 to sign up.
*LIVE AUCTION participation is by in-person attendance only.
Learn more and buy tickets here.
Partner Otto Larson
Businesses may consider bond insurance for protection, and in many cases, may be required to purchase this coverage. While surety bonds may be referred to as bond insurance, they aren’t an insurance policy in the true sense, though insurance companies often sell them.
In an interview with Fortune Magazine, Partner Otto Larson explained the industries and types of businesses that commonly need bond insurance.
“Contractors and construction companies are commonly asked to post a bond when working on medium and large sized jobs,” Otto said. “Owners and general contractors will ask for Bid and Performance Bonds to guarantee that projects are completed, and completed on time. There are many other industries that require bonds as well.”
Other professionals, such as tax preparers, house cleaners, car dealers, mortgage lenders, and others, might also need them.
Read the full story here.
Partner Otto Larson
Car insurance rates vary based on many factors such as age, driving record, credit score, your state and vehicle type. Each insurer also weighs these factors differently when calculating rates. In an interview with MoneyGeek, Partner Otto Larson explained why costs can change based on what state you live in and why your insurance rates may be higher than the average.
“Insurance laws vary from state to state, and insurance companies will file their rates based on their loss experience in each state compared to their overall book of business,” Otto commented. “Factors such as population, geography, age and usage will determine the base rates filed for each carrier and can vary greatly from state to state.”
Otto said that the reason your rates may be higher is because the carrier you are insured with could have an overall population of customers who have had less than desirable loss experience. “Individual factors such as speeding tickets, accidents, age of drivers in the household, credit score, vehicle cost and performance can also affect the pricing of insurance coverage,” he added.
Read the full story here.
Producer Myles Trempe
If you’re driving a car, you need auto insurance, so it makes sense that you want to get the best price for your coverage. But you may question whether it’s cheaper to purchase a policy online or through an independent agent. In an interview with Carinsurance.com, Producer Myles Trempe explained the pros of working with an agent.
“An independent insurance agent works with multiple carriers, so they can compare pricing and find the best cost and coverage options for your needs,” Myles commented.
When asked if it’s cheaper to purchase insurance directly from an insurance company, Myles said: “It doesn’t necessarily cost more or less to get car insurance through an agent, online, or directly from an insurance company. The cost will vary from person to person based on a range of factors like age, type of car, credit-based insurance score and past claims.”
Read the full story here.
Producer Deece Catanzaro
When you finance a car, a lien is established, which serves as a claim to your vehicle and is used as collateral if payments are not made. Generally, when you finance a car, you make monthly payments to the entity holding the lien. This lien safeguards the lender, empowering them to reclaim the vehicle if you default on payments. But what happens to the lien if a car is totaled and insurance has to step in?
In an interview with Carinsurance.com, Producer Deece Catanzaro discussed the process and timing for an insurer to pay off the lien on a totaled car.
“It typically takes about 30 days for the insurance company to pay out the claim and pay off the lien on a totaled car. If the insurance does not cover the balance of the lien, the insurance company will pay off to the amount of insurance coverage listed in your policy,” he said.
Read the full story here.
Wallace & Turner is once again serving as a sponsor for Champaign County Arts Council's Bad Art by Good People fundraiser which features non-artist celebrities competing to create a work of art and campaigning for the public's votes for their artwork.
This year’s celebrity artist this year is Ed Asner, the late American actor known for his trademark husky voice and his role as Lou Grant on “The Mary Tyler Moore Show” and as the voice of Carl Fredricksen in the movie “Up.” The “Up”-themed piece, which is autographed three times, was donated to the fundraiser by Urbana Daily Citizen Sports Editor Steve Stout and it will be part of the dinner and auction.
The 13th annual event will be held on May 3, 2024, at The Woodruff Farm. All proceeds will benefit the Arts Council.
Tickets are for sale at the Arts Council’s office and online at the Arts Council’s website. Tickets are $30 and include a catered dinner and dessert. Buy tickets and vote here.
Read the Urbana Daily Citizen story here.
In support of the Developmental Disabilities Endowment Fund of the Springfield Foundation, Wallace & Turner is once again sponsoring the Dye Hard 5K taking place April 28, 2024, at the Clark County Fairgrounds.
Participants can run or walk in the most colorful 5K ever while getting showered with colored powder! Sign up today for fun, food trucks, music and tons of color!
We were thrilled to be able to donate to The Abilities Connection Corporate Giving Campaign in support of TAC's mission to empower people with disabilities and other barriers to reach their full potential.
TAC provides meaningful work that helps team members grow professionally, encourages them to share their voice and prepares them to thrive beyond TAC.
We encourage you to learn more about the organization and consider donating if you're in a position to do so: https://tacind.com
Over 10,000 attendees head to Veterans Park in Springfield every year for the Springfield Rotary Gourmet Food Truck Competition which also serves as a major fundraiser for the Springfield Rotary Club, with proceeds going toward services to people with disabilities, support of local charities/nonprofits/teachers, Polio Plus (for the worldwide eradication of Polio) and the International Project in Lesotho.
Wallace & Turner is proud to once again sponsor the event which features up to 35 food trucks full of unique cuisine from the U.S. and around the world, live entertainment, a beer garden and more.
The 2024 Food Truck Competition is being held Saturday, Aug. 17 from 11 a.m. to 7 p.m. and offers free admission to the public.
Learn more here.
Wallace & Turner is once again serving as a sponsor for the annual Community Health Foundation event - CHF Celebrates 2024 - Life at Performance Level. The program will feature Author, Comedian and Juggler Curtis Zimmerman as well as food, drinks and more fun.
Community Health Foundation mission is to preserve reproductive services, to promote health and wellness, and to advocate for quality healthcare through grant making and education in Clark and Champaign Counties.
Register by February 23rd. Learn more here.
As with any gathering you host at your home, understanding what your homeowners insurance will or will not cover is important so you (and your wallet) are not held liable for guests’ accidents. Below, we address some common questions about homeowners’ liability if your intoxicated guest leaves your Super Bowl party and causes injuries.
Does homeowners and renters insurance cover liability if a drunk guest leaves and causes a car accident injuring his/her passengers and the other driver? Is the other driver's car damages covered by the host's home or renter's insurance?
The auto policy would be the primary source of recovery for the driver. The homeowner/tenant might be brought into it from a liability standpoint. “Host Liquor Liability,” or similar coverage, might apply for the homeowner/tenant if that is an included coverage, sometimes available for situations where no fee is charged for the alcohol. If a fee is charged for alcohol, then actual Liquor Liability would be needed. If the claim is covered for the injuries of others, then it would follow that the property damage caused to the other vehicle also should be covered, subject to availability of liability protection.
What if the drunk guest left the party, walked home, and damaged a neighbor's property, and bumped into a dog walker injuring them?
While there might be some continuity of circumstances directly related to the alcohol, there could also be a break in same; and the damage to the neighbor’s property would need to be accidental, as the drunk guest’s insurer would most likely deny coverage for an intentional act. Most likely, this situation would probably result in a denial of coverage as the guest had reached his home and that probably constitutes the end of the host’s liability.
Does the host's insurance cover the host if the drunk guest got into a fight and hurt another person after he left the host's party?
While it might be a stretch to get to any covered claim in this scenario, the “fight” is almost assuredly excluded from coverage as that could, or would be, considered “assault” and specifically excluded (intentional injuries), unless it’s considered protecting or preventing physical injury of himself.
Using the scenarios above, does a rider or endorsement or floater to renters or home insurance cover the host?
Host Liquor Liability, where referenced above.
Insurance excludes intentional and criminal acts. If drunk driving is considered intentional, and obviously it's criminal, does that mean home or renters insurance would never cover a third party injury caused by a drunk guest that left the party and caused the injury?
When the driver gets behind the wheel and is intoxicated, typically the driver is not intentionally looking to injure someone – if he/she is, then most likely the intentional act or similar language would be cause for denial. For the purpose of this discussion, we’re going to assume that the intoxicated driver is covered while behind the wheel (there are some insurers that won’t insure drinkers, or won’t cover an accident involving alcohol and have that as part of their contract). “Never” is a little extreme, just ask an insurance company, attorney, judge or juror; too many differing opinions out there to make the “never” statement. So, the answer is, there definitely could be a case made for an owner or renter to be brought into a situation where it’s involving a third party.
Questions about homeowners insurance coverage? Contact Wallace & Turner at (937) 324-8492 in Springfield, (937) 652-8492 in Urbana, or info@wtins.com.
Wallace & Turner is proud to support Junior Achievement as a Split Sponsor for the 2024 Bowl-A-Thon. It's a “party with a purpose” that raises funds to help Junior Achievement reach thousands of local students with programs that focus on entrepreneurship, workforce readiness and financial literacy. These vital programs help to ignite a spark in young people as they realize the opportunities and realities of life and work.
The Bowl-A-Thon is being held, Saturday, March 2 at Northridge Lanes, 1333 Moorefield Rd, Springfield, OH 45503.
Learn more below and register here.
Wallace & Turner is proud to be a Gold Sponsor of the United Way of Clark, Champaign & Madison Counties’ Nash Bash, benefiting Dolly Parton’s Imagination Library of Clark County. Nash Bash will feature a live auction, silent auction, music, heavy hors d'oeuvres, a Bourbon Pull, Giving Tree and more at the Hollenbeck Bayley Creative Arts and Conference Center on February 9, 2024.
Dolly Parton’s Imagination Library provides high quality, age-appropriate books, once a month, to children from birth to the age of five at no cost to the family. Local partners around the world (like United Way of Clark, Champaign & Madison Counties) fundraise to provide this service to children and families in their communities.
Lear more and purchase tickets here.
Wallace & Turner, Inc., Springfield and Urbana, Ohio’s largest, locally owned independent insurance agency, announced that Mary Jo Leventhal has joined as Director of Operations and Business Development. A Certified Insurance Counselor and Certified Risk Manager, Leventhal has more than 25 years of experience in the insurance industry with a focus on commercial lines and risk management services. Prior to joining Wallace & Turner, she was a Commercial Lines Placement Manager with Kraft Lake Insurance Agency.
“With a wealth of experience and a proven track record in driving strategic growth, Mary Jo will play a pivotal role in furthering Wallace & Turner’s success and continuing to elevate the client experience,” commented Wallace & Turner President Patrick Field. “She is a dynamic leader, and we look forward to leveraging her expertise to achieve new milestones under her guidance.”
“I am thrilled to join Wallace & Turner – a team I’ve known and respected for many years,” said Leventhal. “I’ve witnessed the dedication, professionalism and collaborative spirit that define the culture here, which makes this transition an exciting and natural step. It also gives me an opportunity to commit more time to the local organizations and causes that I am passionate about.”
In her Business Development role, Leventhal will craft customized insurance solutions and foster lasting relationships with policyholders. As Director of Operations, she will focus on enhancing organizational efficiency and implementing strategic initiatives that contribute to the success and growth of Wallace & Turner and its clients.
A lifelong resident of Springfield, Ohio, Leventhal obtained a Bachelor’s degree with honors from Wittenberg University. She has made an impact in the local community through her many leadership roles, including Co-Chair of the Springfield Rotary Gourmet Food Truck Competition, past President of the Springfield Rotary Club, Board member of Second Harvest Food Bank of Clark, Champaign & Logan Counties, Co-Chair of the Springfield Museum of Art’s Art Ball for All, past Area Director for American Heart Association, and continues to be active in United Way of Clark, Champaign & Madison Counties.
About Wallace & Turner
An independent insurance agency with offices in Springfield and Urbana, Wallace & Turner works with a range of top-rated carriers which means clients receive comprehensive and cost-effective insurance options tailored to their needs. The agency is a long-standing member of Associated Risk Managers International, Keystone Insurers Group, Trusted Choice, Ohio Insurance Agents Association and Independent Insurance Agents Association, both in Ohio and nationally. Connect with Wallace & Turner on Facebook, Twitter and LinkedIn.
Slice of Springfield is returning to Mother Stewart’s Brewing on February 8, 2024, and Wallace & Turner is proud to support this fundraiser once again! The event offers a chance to taste and vote for your favorite pizza from up to 10 local pizzerias in Clark County. It’s an evening filled with delicious pizza, music and family-friendly fun.
Organized by the Partners for the Parks and presented by Park National Bank, this fundraiser directs 100% of ticket sales towards supporting National Trail parks and recreation programs in Clark County.
This event always sells out, so get your tickets early! Buy tickets here.
Wallace & Turner is proud to support United Senior Services’ Christmas celebration featuring Todd Stoll’s “Imperial Red Hot Holiday Stomp.” As Director of the Springfield Symphony Jazz Orchestra and VP of Education at Jazz at Lincoln Center, Todd brings his red hot eight-piece New Orleans style Jazz Ensemble to The State Theater in downtown Springfield on December 22nd from 7pm-10pm.
The ensemble will be swinging two sets of smokin’ holiday jazz classics while legendary WBLY DJ and Master of Ceremonies Dick Hatfield, “The Imperial Debubba,” spins his cool yule tales of historic downtown and jitterbugs with the ghosts of Christmas’s past.
$15 reserved tickets for USS members ONLY can be purchased in person at United Senior Services (125 W Main St, Springfield, OH 45502) or over the phone (937-521-3002).
