Charlie's Blog | Spencer Insurance Agency, Inc

Join us for some exciting events.

As you know Spencer Insurance highlights a different charity each quarter.  For the first quarter of this year we are spotlighting the Variety Club and their event “Vegas at Variety” being held at Montgomery County Community College on Saturday March 24th.  My niece, Katie is being recognized at this event for all her efforts with Variety Club.  For more information go to their Facebook page.  I hope you can join us there.

During the second quarter we will spotlight NAMI (National Alliance on Mental Illness). Spencer Insurance will join a team of walkers at the annual NAMI Walks.  Spencer Insurance Agency will provide team shirts for anyone walking with our team. The walk is May 5th starting at 8AM.  Our team name is “Take it in Stride.”  Check out our team page and join our team for the walk.  If you can’t make the walk and would like to contribute to our team effort you can donate here.  Any size donation is appreciated.  Small donations add up and will make a great difference.

During each quarter Spencer Insurance Agency will donate $5 for each referral we receive.  Thank you for your support for these events.

More heavy rain is expected Thursday and Friday


I don’t have to tell you that we have had a lot of rain this February but I guess it could have been snow!

On the news I heard the Philadelphia area has had 6 inches of rain in February.   Normally we have about 2.5 inches.  If April showers bring May flowers then what do February rains bring?

Flooding problems.  My sump pump is working overtime and my back yard lawn looks like a lake.  Well it looks like March is going to start with a bang.  Rainfall of another 1 to 2 inches of rain is predicted so make some preparations now. What can you do?

  • Make sure the storm drains on your street are not clogged with debris. If it is clogged then remove the debris so water can enter the storm drains.
  • Check your gutters to make sure they are not blocked.
  • Make sure gutters are placing water away from your house and foundation.

A few minutes of preparation can save you a mess later.  I always tell clients that even though you have the proper coverage having a claim is still a major pain.  Yes we can help you recover financially but you still need to do the cleanup.

While on the subject of rain I need to mention flood insurance.  I hear too many times from people that they do not need flood insurance because they are not in a flood zone.  Guess what:  Everyone is in a flood zone.  How severe it is depends on your location.

Let me share a couple examples of flood claims.

  • A water main break – we see it all the time and it floods homes
  • You live high on a hill, but above you is a water reservoir. The reservoir leaks and the water and mud comes down the hill into your home. (this happened to one of our clients)


If you are in a preferred flood zone you pay less.  Contact us today to learn more about flood insurance. You need to purchase flood insurance before the storm comes.  There is a 30 day waiting period after you purchase flood insurance before you have coverage.  So don’t delay call us for a flood insurance quote.  Don’t be one of those people on TV that you hear say “It never happened here before.”

Stay dry!

Know someone who got engaged or recently married?


Do you know someone who was engaged or married on Valentine’s Day?  If so, pass this message onto them.

I realize that the most romantic thing to do after you get engaged is not to call your insurance agent. However, it is important.  Let this trusted adviser help you navigate through this exciting time.

How can my insurance agent help?

  • You may have just received an engagement ring. The ring is valuable.  What happens if that ring is lost or stolen?  Get the ring insured
  • Planning a wedding ceremony? Are you putting deposits down for the photographer, venue or wedding dress.  What happens if these places go out of business just days before your wedding?  Did you know you can purchase inexpensive wedding insurance to protect your deposits?
  • You need to review your finances with your insurance agent and financial planner. Should you purchase life insurance?  Check out Rachel’s story.

Spencer Insurance Agency is here to help you during this exciting time.  We have an article on our website just for engaged and recently married couples. Don’t miss this article.   You may need to contact your employer, add a spouse to your health insurance, change a beneficiary on a life insurance policy and much more.

Contact us if you would like to discuss your engagement with us.


Do you know someone who is a parent of a teen driver . . .

If you have a teen driver continue reading.  If not, forward this message to a friend or family member who is a parent of a teen driver.  You will be doing them a favor.

I remember when my four children were teen drivers. My head was spinning. I had to teach them how to drive safely and pay those high rates for car insurance.  Now that I have grandchildren I look forward to watching my children navigate through this process.

Spencer Insurance has help for parents of teen drivers.  Check out our website designed just for parents of teen drivers.

What is on the website?

  • A list of driving schools – email us if you know another good one.
  • Tips and suggestions
    • Parent – teen driving contract
    • 101 Safe Teen Driving Tips
    • 7 costly mistakes parent make
  • Links to the PA, NJ and DE motor vehicle sites to learn how to get a permit
  • A link to our “Safe Teen Driving Course”

Spencer Insurance understands this is an important and stressful time.  Let us help you navigate through this process.

Please contact us with any questions you may have.

“Your Protection and Peace of Mind is our only Business.”


Want to protect your retirement assets from the #1 threat?



You have worked all your life to accumulate a nice nest egg.  Don’t let long term care expenses wipe out your nest egg in a few years!
Did you know. . .

·       Chance of a house fire is 1 in 300
·       Chance of an auto accident is 1 in 30
·       Chance  you will need Long-Term Care is 4 in 10

You did not question insuring your home and cars then why not insure that nest egg?

Many people only know about the traditional long term care insurance policies that are expensive and give you no return if you never need to use it.  I have seen my father’s long term care policy increase in premium two times so far at a 15% clip each time.  Many who live on a fixed income can’t afford these type of increases and are force to decrease their coverage or cancel their policy.

Today there are new options.  Many life insurance carriers have a long term care insurance rider you can add to a life insurance contract. It is a life insurance contract that allows you to take a percentage of your death benefit each month to pay for long term care expenses.   Since it is life insurance your beneficiaries would get the death benefit should you die before needing long term care benefits.

Contact Spencer Insurance today to learn more on how to protect your nest egg.  For more information on the long term care insurance check out our website.

As with all life insurance the cost is lowest when you are young and healthy so don’t wait another day to contact us.

Please feel free to pass this email to anyone you know who may want to protect their nest egg.

Have a great week,

The Devil is in the details Part 2

Life insurance can be purchased online.  Is that a good idea?

  • What happens when your 20 year term rate guarantee is up and you still need coverage?
  • What happens if you become disabled and can’t afford the life insurance premium?
  • How do you change beneficiaries?
  • Did you know naming minor children as contingent beneficiaries is a bad idea?
  • What should you do with your life insurance if you get separated or divorced?

Yes, the devil is in the details.  Contact Spencer Insurance Agency  for a life insurance quote or review.  Charlie and Steve has over 30 years of experience in life insurance.  Charlie has earned his CLU (Certified Life Underwriter) designation.

The Devil is in the details . . .

Teen Driver Insurance and Resources      

I am sure you have heard the saying “The devil is in the details.”  This applies to insurance as well.  When you shop around for insurance you may think you are being quoted the same coverage only to find out the reason the quote is cheaper is because you have lesser coverage. When you call the 800 number to get a quote in 5 or 15 minutes you don’t know if the person you are talking to has been on the job for a week or 7 years. They may know very little about insurance and just follow a script. They have no skin in the game if they give you poor advice or if they don’t tell you the coverage you have is not sufficient.  They may not talk to you again, ever.

That is why Spencer Insurance Agency asks our clients to call us when they get a quote from another company before they consider switching to a new company.  We are a local independent agency which means we write with more than one company and all of our staff members are licensed professionals, not just order-takers.  You can even stop in and talk to us! Our staff understands insurance and knows that details are important. You talk to the same people when you call us.

Spencer Insurance Agency is not offended when a client calls and tells us they feel their rates are too high.  We will review your policies and see if there is anything we can do to bring the price down that will not put you at a greater risk because you have less coverage. We have several quality carriers not just one.

Recently, a client notified us they switched to another company to get a much better rate.  When the client sent us the new policies for us to review they were shocked to find how much coverage they lost.  They had a 2% wind deductible which means if there was a  thunder storm with strong winds and their house sustained wind damage (tree blown onto house, shingles blown off roof, etc.) that they had a $8,000 deductible. The policy our client had with our carrier was a $1,000 deductible regardless of the cause of the covered loss.  They also did not have any water backup coverage and other coverage was missing as well.  When they called the new company to inquire about the missing coverage they could not get through to anyone that could help them and became very frustrated by the service. Yes, they got a better price but the coverage and service they received was very poor.  They cancelled those policies and came back to Spencer Insurance.

We understand that price is important but please call us before you switch so we can help evaluate the offer you received before you switch.  A savings of $500 could end up costing you $20,000 when you have a claim.

Call us today at 215-885-2200 for a review.

Wishing you the very best for 2018!



‘Tis the season to celebrate the many blessings in our lives and to share our gifts with others.

We hope this Season is full of Joy, Hope, Peace and Love for your family.

Thank you for the privilege of serving your insurance needs.

Merry Christmas and Happy Hanukkah from your friends at Spencer Insurance Agency, Inc.!

P.S. Spencer Insurance Agency’s office will be close at 3PM on Friday December 22rd and reopen Tuesday December 26th.  We will also be closing at 3 PM on Friday December 29th and reopen Tuesday January 2nd.  Happy New Year!  Our Website is open 24/7.
Voted Best Insurance Agency, 2017 – 2016 – 2015

Helping people right here in our own communities


As we go into the holiday season Spencer Insurance Agency wants to help people right here in our own neighborhoods.  We hear about people all over the world that need our help but sometimes we forget there are people right in our neighborhood going through some bad times that also need our help.

With that in mind Spencer Insurance Agency will spotlight a charity with a motto “Neighbors helping Neighbors.”  The Society of St. Vincent de Paul works with families in our neighborhood to help them get through a temporary situation.

For the months of October, November, and December, Spencer Insurance Agency will donate $5 for each referral you send us. If you would like to donate directly to St. Vincent de Paul Society of Philadelphia you can visit their website.

Did you know the winter holiday season is the peak season for home fires?


Enjoy the Holidays and protect your home from accidental fires.  With all the decorating that goes on around our homes this holiday season we need to make sure we protect our homes from accidents and fires.

This video discusses some of the dangers that lurk this holiday season.

In addition, check out our winter safety tips.

At Spencer Insurance Agency, Your protection and peace of mind is our only business!

Contact us today for more information.

We hope you have a wonderful holiday season.



Voted Best Insurance Agency of Montgomery County THREE YEARS IN A ROW!


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