Drexel Agency
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Drexel Agency
Since 1962, the Drexel Agency has been an independent agency dedicated to providing the absolute best insurance coverage at affordable rates to protect individuals, families and businesses with quality coverage. How much life insurance would you need to produce a sufficient income stream for your family? Knowing your likely life expectancy is an important factor in making long-term financial plans.
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Originally founded in Drexel Hill in 1962, by John Mulloy Sr., the Drexel Agency moved to Media and has been at its current location for more than 30 years.
Having succeeded his father in 1980, John Mulloy Jr, CPCU, was joined by Sean Mulloy in 1999 and Ryan Mulloy in 2010.
Our agency holds individual and agency licenses in Pennsylvania, Delaware, Maryland, New Jersey and Florida.
John began his insurance career in 1972 and assumed ownership of the Drexel Agency in 1980.
As a small business owner, he understands the need and concerns of his fellow small business owners, which make up the backbone of the Drexel Agency.
Your home is one of your most important investments, so it's important to protect if with the best coverage available.
We offer policies that cover you as a homeowner, condominium owner, rental property owner or even a renter looking to protect their contents.
Dwelling - This is the value of your home and decided by a building valuation report.
The report is generated using things like type of construction, total square footage, number of bathrooms and more.
The value is not the market value, but rather what it would cost to replace your home in the event of a total loss.
Personal automobile policies don't just cover your vehicle -- they cover you and your loved ones.
Because this coverage is so important, it's crucial that you understand what you're getting with an automobile policy with the Drexel Agency.
Bodily Injury Liability - Coverage that pays for medical expenses, legal expenses, and judgements when you car is involved in an accident that causes property damage and/or the injury or death of another person.
Property Damage Liability - Pays for damages to the property of other caused by you and your vehicle.
Our agents work with you to find a policy that meets your needs, no matter how big or small your business operations are.
As an indepdent insurance agency, we represent several providers with whom we are able to quote your coverage.
Our agency also has several brokerage agreements that broaden our network of carriers and allows us access to multiple, out of market carriers.
We've put together a library of information on important financial topics that we believe you'll find helpful.
This information is updated regularly to reflect the latest facts, figures, and trends.
Term life insurance differs from permanent forms of life insurance in that it offers temporary protection.
Consider a universal life insurance policy if you want the flexibility to change your premium or death benefit.
Even if your state doesn't require certain types of auto insurance, it may be wise to purchase multiple types to ensure you are covered for a variety of situations.
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