The Colony Group

Annual Open Enrollment Period Begins Oct. 15th 2011 for Medicare!!

Robin Haas — Sat, 15 Oct 2011 13:07:59 +0000

AEP begins Oct. 15th and will run through Dec. 7th. This is when you can make changes to Medicare Advantage and Part D Drug Plans. Let us help!

Small Group “Cobra”coverage now available

Robin Haas — Tue, 21 Sep 2010 21:04:41 +0000

Groups that employ less than 20 employees now have to offer “state continuation of coverage to their employees”. This works very similar to “Cobra” in that the terminating employee can choose to continue his/her coverage and pay the entire premium for up to 12 months.

Colony Receives Beautification Award

Barry Layman — Sat, 24 Jul 2010 12:26:03 +0000

The Colony Group was presented the North Star Community Beautification Award by Newport News Vice Mayor Madeline McMillen for it’s efforts at the 13185 Warwick Blvd office building. Barry Layman received the award on 7/22/10 at the regular meeting of DWBA. (www.dwba.org)

Companies make Ward’s Top 50 List

Barry Layman — Fri, 16 Jul 2010 18:52:13 +0000

Five of the Property & Causalty companies that Colony represents made the Ward’s Top 50 P&C Company list. They are Erie, Goodville, Philadelphia, Progressive and Travelers. This helps you be assured that Colony represents solid, quality companies for your best protection.

For more information go to their website www.wardinc,com. You might be amazed at what companies are not on the list.

Earthquake Hits MD, Felt in VA

Barry Layman — Fri, 16 Jul 2010 17:56:51 +0000

An earthquake with a 3.6 magnitude hit Friday July 16, 2010 and was centered in Germantown, Maryland. The epicenter of the quake was approximately three miles below ground and was reported to be felt in a widespread area over four states and the District of Columbia.

Standard property insurance policies do not cover earthquake damage. However, you can add on this coverage for an additional premium. Most companies have a waiting period for adding the coverage.

Compare Policies, Not Just Rates

Barry Layman — Tue, 13 Jul 2010 20:14:55 +0000

It is a good thing to review your insurance policies from time to time (I recommend every 2-3 yrs) and get comparable proposals. However, rates are not the only thing to compare. Coverage can vary drastically from company to company. If one only looks at the declaration page of a policy, they are not seeing the whole policy. Other factors to consider are: Financial Rating of the company, who handles the claims, agent involvement of changes and claims, and whether or not you are getting a proposal or just a quote.

Wind/Hail Deductibles

Barry Layman — Tue, 13 Jul 2010 20:07:35 +0000

Most people think all Homeowner Insurance policies have a percent deductible for storm related damage. This is NOT true! I have seen as high as 5%. On a $300,000 home, this is a $15,000 deductible! Our major companies offer policies without this percent deductiible.

Welcome

Barry Layman — Mon, 12 Jul 2010 16:05:07 +0000

This is the first post of our new blog. Keep checking our website blog page for regular postings. Thanks!