WA

Wheelers Insurance Agency

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Wheelers Insurance Agency Market Research Report



Company Overview



Name and Mission of the Company


  • Name: Wheelers Insurance Agency

  • Mission: To provide the best value available to clients in property, casualty (lawsuit protection), life, health, & retirement products through regular reviews, integrity in partnerships, and investment in staff training and development.


Founding and Key People


  • Founded: 1864

  • Founder: Henry Howard; later taken over by William J. Wheeler.

  • Key People:

  • William J. Wheeler, original active owner

  • Stanley Wheeler, director at incorporation in 1916

  • Robert Wheeler, joined in 1919

  • Howard Cole, third generation, joined in 1952

  • Jeffrey Newsom, son-in-law, joined in 1969, became president in 1982

  • Curtis Cole, joined in 1982

  • Michael Newsom, fifth generation, joined in 2004, sold the agency to employees in 2018


Headquarters and Employees


  • Headquartered:

  • 15 Market Square, South Paris ME 04281

  • 1 Parkway Suite 101, Bethel, ME 04217

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Company Known For: Providing personalized and customized insurance solutions.


Products



Personal Insurance


  • Home Insurance: Covers home and personal property from risks such as fire, theft, and natural disasters.

  • Auto Insurance: Provides vehicle coverage and liability protection.

  • Condo Insurance: No information is available on detailed features.

  • Motorcycle Insurance:

  • Key Features:

  • Liability coverage

  • Collision coverage

  • Comprehensive coverage

  • Uninsured/Underinsured Motorist coverage

  • Medical payments coverage


Commercial Lines


  • Types of Insurance:

  • Commercial Vehicle: Covers vehicles used for business purposes.

  • Commercial Umbrella: Provides additional liability coverage over primary insurance policies.

  • Commercial Property: Covers business property, including buildings and inventory.

  • Commercial Liability: Protects business from claims related to injuries, accidents, or property damage.

  • Workers Compensation: Provides benefits to employees for work-related injuries or illnesses.

  • Bonds: No information is available.

  • Types of Businesses:

  • Contractors Insurance: No detailed features available.

  • Landlord's Insurance: No detailed features available.


Life & Health Insurance


  • Group Benefits: No information is available on detailed features.

  • Individual Health Insurance: No information is available on detailed features.

  • Life Insurance:

  • Provides financial security for loved ones.

  • Medicare:

  • Includes parts A & B coverage, enrollment guidance, and premium payment support.


Recent Developments



Recent Developments in the Company


  • Employee-Owned Business: Since 2018, the company transitioned to an employee-owned business model.


New Products Launched


  • Motorcycle Insurance in South Paris and Bethel, Maine: Emphasis on coverage options including collision, comprehensive, and liability protection.


New Features Added to Existing Products


  • Renters Insurance: Enhanced features focusing on loss or damage protection, liability coverage, and affordability for tenants.


New Partnerships


  • No information is available.


Auxiliary Information


Community Involvement


  • Commitment: Pledges 1% of annual revenues to local community development including sustainable economic growth and youth development.


For any further inquiries, Wheelers Insurance Agency can be contacted at:
  • Contact Number: (207) 743-8927

  • Office Hours: Mon to Fri, 8:00 am - 4:30 pm