Online Auto Quotes Available
View our current TV Commercial
Share this site!
Your referral is the greatest compliment.
Glenn Insurance, Inc. is a Trusted Choice Independent Agent with offices in Absecon and Vineland, New Jersey. We have created this site to be your complete insurance resource and to assist you with all of your insurance needs. You will find links to insurance information, free quote requests, online customer service and more.
We are always available to offer you personal, expert help with all of your insurance needs. Please don’t hesitate to call or email us
Glenn Insurance wins Bailey Award for giving back to community
Posted: Tuesday, December 24, 2013 4:40 pm
By ANJALEE KHEMLANI Staff Writer
Glenn Insurance principals; Mike Thomas, left, Thomas "Tim"
Glenn, III, and Rich Petry, right, pose in Absecon for the Bailey
Award, Tuesday Dec. 24, 2013. (Staff Photo by Michael Ein/The
Press of Atlantic City)
Giving back to the community is a family tradition for the owner of Glenn Insurance in Absecon.
The CEO Thomas L. Glenn III, known by most as Tim, is the 19th winner of the Bailey Award, which The Press of Atlantic City presents annually to honor a community-minded business in the spirit of Jimmy Stewart’s character George Bailey in “It’s a Wonderful Life,” the enduring holiday classic about a businessman who gets a glimpse of a Bedford Falls without him.
Glenn Insurance is this year’s winner, chosen from among 47 people nominated from 33 businesses.
This year's winner was chosen in a vote by the past five winners: Kline Construction Co., Mays Landing Golf and Country Club, Formica Bros. Bakery, Greate Bay Country Club and Gillian's Wonderland Pier.
Winning the award “is a big deal,” Glenn said. “We are extremely humbled to be in the group (of past winners). This is not taken lightly.”
Giving back to the community is a lesson he learned from his family, he said. The family’s business has been in Atlantic County for more than 100 years. His grandfather had been involved with the Board of Education for Atlantic City’s public schools and set an example of being heavily involved in local charities.
The tradition of being involved in various organizations and donating to local charities has been passed down through generations.
The business depends on the local community. As a result, the recipe for a good small business is to reinvest in the same community, Glenn said.
The idea is to distribute it as evenly as possible, rather than “sticking it right back in your pocket.”
While it’s not a requirement for the CEO of a company, Glenn believes the only way to make a community better is to be a part of it.
When attending the South Jersey Field of Dreams event, which brings baseball to handicapped children, Glenn said, he makes sure to bring his kids along to impart the same values he was brought up with.
“I cry (when I attend the event), because it’s incredible just to see these kids who can’t even hold a bat play baseball,” he said. “Sometimes I get goose bumps.”
Learning about how different other people’s lives are through exposure to different events is what Glenn hopes to impart to his own children, who he said will one day be sitting on the board of the company as he does.
“Don’t let your ego get in the way. Glenn Insurance is bigger than all of us. It is like an extended family,” Glenn said. That is the advice his father gave him.
When the economy took a bad turn in 2008, Glenn cut from his own paycheck to help keep the business going, he said.
The efforts of the staff are not overlooked either, Glenn said.
“We have a great staff,” said Richard Petry, the company’s COO. “As long as I’ve been around, for 28 years, they have always talked about and demonstrated (giving back to the community).”
In fact, one way the organization pooled to donate to various charities was a “casual Friday” fundraiser.
Employees donated $5 for the privilege of wearing jeans on Fridays. The money collected each month was donated to different charities — totaling 12 recipients of a combined $5,000 in one year.
“I have incredible employees to boost me, and we boost each other,” Glenn said.
Past Bailey Award recipients:
1996: Ocean City Home Bank
1997: AC Coin & Slot
1998: AtlantiCare Foundation
1999: Ole Hanson & Sons
2000: Roy Goldberg
2001: South Jersey Industries
2003: Seaview Marriott
2004: Viking Yacht
2005: Crest Savings Bank
2006: Cooper Levenson Law Offices
2007: Kindle Autoplaza
2008: Gillian’s Wonderland Pier
2009: Greate Bay Country Club
2010: Formica Bros. Bakery
2011: Mays Landing Golf and Country Club
2012: Kline Construction Co.
Are You Ready For a Long, Cold, Snowy Winter?
More Importantly, Is Your Home Prepared and Winter-Proofed?
WINTER-RELATED DAMAGE CAUSES OVER A BILLION DOLLARS IN INSURANCE LOSSES ANNUALLY
With a devastating snowstorm hitting South Dakota in early October and freezing temperatures recorded this week in Chicago, the Farmers’ Almanac
predictions of a frigid winter and heavy snow for the 2013–2014 winter season in the U.S., are looking right on-target.
Many winter-related disasters can be prevented if you take a few simple steps to protect your home from freezing temperatures, snow and wind. And autumn is the perfect time to winter-proof your home, according to the Insurance Information Institute
Standard homeowners policies cover winter-related disasters such as burst pipes, ice dams and wind damage caused by weight of ice or snow, as well as fire-related losses. Coverage for flooding is available from theNational Flood Insurance Program
and from some private insurance companies. Winter-related damage to cars is generally covered under the optional comprehensive portion of an auto insurance policy.
Melting snow can inflict significant damage to property and winter storms are the third-largest cause of catastrophe losses, noted the I.I.I. Winter storms caused $38 million in insured losses in 2012, according to Munich Re. An ISO study shows that from 1992-2011, winter storms resulted in about $28 billion in insured catastrophe losses (in 2011 dollars), or more than $1 billion a year on average.
The I.I.I. offers the following tips to prepare your home for the upcoming winter:
Outside Your Home
Clean out gutters. Remove leaves, sticks and other debris from gutters, so melting snow and ice can flow freely. This can prevent ice damming, a condition where water is unable to drain through the gutters and instead seeps into the house causing water to drip from the ceiling and walls.
Install gutter guards. Available in most hardware and home stores, gutter guards prevent debris from entering the gutter and interfering with the flow of water away from the house and into the ground.
Trim trees and remove dead branches. Ice, snow and wind could cause weak trees or branches to break and damage your home or car, or injure someone walking by your property.
Repair steps and handrails. This may prevent someone from falling and seriously being injured. Broken stairs and banisters can become lethal when covered with snow and ice.
Seal cracks and holes in outside walls and foundations. Use caulking to protect water pipes and make sure that skylights and other roof openings have proper weather stripping to prevent snowmelt from seeping in.
Inside Your Home
Keep the house warm. Set the thermostat for at least 65 degrees—since the temperature inside the walls, where the pipes are located, is substantially colder a lower temperature will not keep the pipes from freezing.
Add extra insulation to attics, basements and crawl spaces. If too much heat escapes through the attic, it can cause snow or ice to melt on the roof. Water can then re-freeze, causing more snow and ice to build up. This can result in a collapsed roof, and can contribute to ice damming. Ideally, the attic should be five to ten degrees warmer than the outside air. Well-insulated basements and crawl spaces will also help protect pipes from freezing. You may also consider insulating unfinished rooms such as garages to keep pipes from freezing.
Have the heating system serviced. Furnaces, boilers and chimneys should be serviced at least once a year to prevent fire and smoke damage.
Check pipes. Look closely for cracks and leaks and have the pipes repaired immediately. Wrap exposed pipes with heating tape.
Install an emergency pressure release valve in your plumbing system. This will protect the system against increased pressure caused by freezing pipes and can help prevent your pipes from bursting.
Make sure that smoke and fire alarms are working properly. Residential fires increase in the winter, so it is important to protect your family with working alarm systems. Also, consider installing a carbon monoxide detector, since a well sealed home can trap this toxic gas.
Learn how to shut the water off and know where your pipes are located. If your pipes freeze, time is of the essence. The quicker you can shut off the water or direct your plumber to the problem, the better chance you have to prevent pipes from bursting.
Hire a licensed contractor to look for structural damage. If damage is discovered, have it repaired now rather than waiting for a problem to occur. Also, ask about ways to prevent water damage due to snow-related flooding. Plastic coatings for internal basement walls, sump pumps and other methods can prevent flood damage to your home and belongings.
If you are going to be away for an extended period, take special care. Turn the water off and/or have the water system drained by a professional to keep pipes from freezing or bursting. Also, hire someone to check your home on a regular basis so that, if there is a problem, it can be fixed quickly, lessening any damage.
As hunting season comes to a head, many professionals are gearing up to find game for the holidays. Whether a professional or amateur hunter, you can never be too safe. Here are a few tips on doing that!
HUNTING LICENSES & INSURANCE PROTECTION
Usually states require a license for those who participate in hunting activities. Search your state government’s website for more information about how to acquire your license. You can also get the information on approved hunting areas in your state. Begin to look into acquiring your license months before hunting season to avoid any delay.
Many homeowners policies have a sublimit for firearms. If you have an extensive collection or valuable guns, you may want to consider talking to your Trusted Choice® Independent Insurance Agent about insuring them on a special endorsement to the policy.
PREPARATION FOR YOUR HUNTING TRIP
According to the United States Forest Service, here are things you should do to prepare the day of your hunting excursion:
- Check weather reports before visiting the forest.
- Tell someone where you will be hunting and when you will return.
- Be familiar with the area you want to hunt.
- Dress properly and be prepared for the worst possible conditions.
- During certain seasons, wear hunter orange viewable from all directions.
- If accompanied by a dog, the dog should also wear hunter orange or a very visible color on a vest, leash, coat, or bandana.
- Check hunting equipment before and after each outing, and maintain it properly. Familiarize yourself with its operation before using it in the field.
- Carry a spare set of dry clothing. Use layering techniques to prevent moisture while retaining body warmth. Always bring rain gear.
- Carry a first aid kit.
- Clearly identify your target before shooting. Prevent unfortunate accidents or fatalities.
Put hunting plans in writing (dates, times, location and expected time of return). The Coast Guard recommends putting boating plans in writing; leaving one at home and one on your vehicle.
- Be alert when hunting near developed areas and trails. Other recreationists are in the forest as well.
- Avoid wearing white or tan during deer season. Wear hunter orange or another highly visible color.
In the off-season, be sure to keep guns and ammunition locked up and secure. Also be sure to secure keep hunting vehicles insured in the off-season. You don’t want to come upon the next hunting season and forget to insure your hunting vehicle or have lapses. Talk to your Trusted Choice® Independent Insurance Agent about insuring expensive hunting gear and vehicles. Happy hunting!
Life Insurance: Can You Live Without It?
In the thick of an economic slump, many consumers aren’t likely to have “buy life insurance” at the top of their to-do lists.
Yet life insurance is indispensable. Parents and business owners—indeed, anyone who has people dependent on them financially either at home or at work—can benefit from the unique advantages of life insurance.
In the United States, consumers and businesses owned more than $19 trillion of life insurance as of year-end 2007, reported the American Council of Life Insurers.
Yet a myth persists that life insurance is too costly, falsely contributing to the perception that life insurance is not a necessity. But life insurance has actually declined or flattened in price in the past several years, according to a recent report by the Insurance Information Institute.
A 2008 survey by the Life and Health Insurance Foundation for Education noted other obstacles for consumers: 23 percent of consumers just had not gotten around to buying it, and 22 percent confessed they did not know enough about it.
What is life insurance? Life insurance is a financial contract in which a life insurance company agrees to pay an amount of money to a person upon the death of another person, in exchange for regular payments (known as premiums).
Life insurance serves two key financial functions. First, it’s a tool for prepaying for immediate expenses needed soon after the time of a person’s death. Second, it’s a way to generate substantial investment capital to produce future income (to replace income that an insured person would have been providing if they had not died).
Because a deceased breadwinner no longer is providing an income stream from salary, commissions or wages, a family needs to have invested funds that can generate replacement income. Likewise, a business owner who passes away leaves behind co-owners and employees who need funds to replace the person’s expertise and revenue-generating capabilities, or to restructure the business.
Life insurance provides that large sum of capital, at a time (death) that cannot be predicted.
To determine if and how much life insurance is appropriate, a Trusted Choice® insurance professional like Glenn Insurance can help answer two important questions:
1) How much cash will be needed upon the death of a parent, business owner, or other individual? These immediate costs often include uninsured medical expenses and funeral expenses. Additionally, many consumers and business owners have financial obligations that do not go away upon death: a mortgage loan, auto loans, business loan or line of credit, credit card debt and college costs, to name the most common.
2) How much annual income would sustain a household? An estimate of income for a family starts with the amount of income earned in the year prior to a breadwinner’s passing. From there, additional expenses (child care, for example) should be added; while living expenses for the deceased person can be subtracted.
A Trusted Choice® insurance professional can help calculate the amount needed today that would provide an annual income for a certain number of years in the future. That’s the starting point in a decision of how much life insurance you need for your family or business.
Your Trusted Choice® insurance professional can help sort out other potential sources of funds, such as Social Security benefits, pension income, group life insurance benefits, and investment income from other assets. These amounts typically reduce a person’s need for life insurance, but don’t eliminate the need.
Life insurance comes in two broad types: term (or temporary) and permanent (or lifetime). Term life insurance pay benefits if the death of the insured person happens during the “term” of the policy (anywhere from one year to as much as 20 years). Permanent life insurance pays benefits no matter when the insured person dies. (It is known as “whole life” since it is in force the whole lifetime of the insured person.) There are varieties of permanent life insurance, such as universal life, variable life and traditional whole life.
More than 1,000 licensed life insurance companies in the United States make for a competitive marketplace for consumers. That competition has driven down costs for term life insurance, reported the Insurance Information Institute, while keeping permanent life insurance costs stable.
Premiums are calculated for each person who applies for life insurance, based on cost tables. Age (the older, the higher the cost) and health status are two key factors life insurers use to set premiums. One lesser-known discount: per-unit cost for life insurance goes down with larger amounts purchased.
Life insurance is distinct from other financial products because of two key tax advantages: the money paid into a permanent life insurance policy can accumulate free of income taxation; and the benefits paid from a life insurance contract are free of income taxation.
Some people may think they can live withoutlife insurance, but in reality it’s their families and businesses that cannot. If you want to increase the financial security of your family or business, contact a Trusted Choice® insurance professional to begin a discussion of life insurance needs and solutions.
Our Life and Health Department has contracted with top providers including AARP, Horizon Blue Cross Blue Shield and Mutual of Omaha for Medicare Supplement, Medicare Advantage and Part D Plans. If you are currently enrolled in Medicare or will be enrolling soon, we can assist with plan selection to ensure you get the best Medicare supplemental coverage. For more information, visit our Medicare Supplements
Glenn Insurance has been appointed as an agent for Teachers' Insurance Plan of NJ. We are one of only 20 agents in the state to be appointed as agents for this company, which previously only wrote their policies directly - not utilizing local agencies.
Teachers' Insurance Plan of NJ offers automobile insurance at reduced rates to teachers, retired teachers and other school employees. In addition to reduced rates, these policies include roadside assistance and offer $0 deductible for accidents or damage occurring on school property.
If you, a family member, or friend think that you might be eligible, Contact Us for a quote.