Wallace & Turner Insurance to Open New Urbana Office

Urbana office front

URBANA, OHIO – Wallace & Turner Insurance, Springfield's largest, locally owned independent insurance agency, has announced the opening of a second location at 113 Scioto St. Urbana, Ohio 43078, the site of the historic Hotel Sowles. A ribbon-cutting ceremony will be held on Friday, October 11th at 12:30 pm in partnership with the Champaign County Chamber of Commerce, and doors will officially open on Monday, October 14th.

“Wallace & Turner has always had a large customer base in Urbana and it continues to grow, so it was a natural decision to open a second location there,” commented partner Patrick Field. “We want to make the insurance process as simple as possible for clients and having a physical presence will make it even more convenient for them to stop in and ask questions or update their policy.”

“The office addition demonstrates Wallace & Turner’s continued commitment to providing the best services we can to our surrounding communities,” said partner P.J. Miller. “Our agency is deeply invested in supporting our clients, their families and businesses, and we look forward to expanding our relationships throughout Urbana.”  

Wallace & Turner has operated locally in Springfield, Ohio since 1870, providing personal and commercial coverage, including auto, home, umbrella, business, life & health, and farm and ranch insurance. As an independent agency, 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.  



Springfield Office

Kissell Center
30 Warder Street, Suite 200

Springfield, Ohio 45504

Phone: (937) 324-8492

Urbana Office

113 Scioto Street

Urbana, Ohio 43078

Phone: (937) 652-8492 


Fundera Turns to P.J. Miller for Insights on Business Interruption Insurance Coverage

P.J. Miller

P.J. Miller

Partner P.J. Miller was interviewed by Fundera for the article “Business Interruption Insurance: What It Covers and Where to Get It” and discussed business interruption insurance coverage for online and in-home businesses.

Business interruption insurance is a very specific type of coverage designed to keep a business on its feet when it’s recovering from a disaster or unexpected situation. Business interruption insurance covers lost income and operating expenses when a disaster forces a business to slow operations or temporarily close down. Coverage can be purchased as part of a business owner’s policy or added on to a commercial property policy. 

If you have a brick-and-mortar business, you’re most in need of business interruption insurance because you heavily depend on your store and the physical assets inside it. If you need to close down a portion or all of your shop, you clearly lose potential customers. Home-based and online business owners have less of a need for business interruption insurance, but should still consider their situation. Most homeowners policies won’t cover lost business income. And although online businesses might have their own physical assets, business interruption insurance can still help if a supplier in your supply chain is affected by a disaster.

According to P.J. Miller, partner, vice president and chairman of the board at Wallace & Turner Insurance, “Online and, to a lesser degree, in-home businesses could actually be dependent on off-premises, non-owned locations being insured, whether it’s a storage unit or out of state from a company that supplies or ships the goods you’re selling. There’s business interruption insurance if, for example, your loss is due to the fire that destroyed the warehouse/manufacturing plant that is possibly your sole supplier.” 

View the full article.

If you have questions regarding business interruption insurance, please contact Wallace & Turner Insurance at (937) 324-8492 or info@wtins.com.