What Happens If I’m Hit By An Underinsured Driver?

You have good insurance coverage, what if the person that hits you doesn’t? Maryland is a mandatory vehicle insurance state. Most of us are aware of that because we have registered cars in our home state. What you may not know, is that the Maryland minimum limits are low and insufficient in many cases. If you are hit by an underinsured driver (they are found to be at fault) with Maryland minimum limits, the maximum pay-out on their insurance would be: $30,000 for bodily injury,… Read more »

Who Should Insure the Engagement Ring?

Purchasing an engagement ring is a big decision and you should be equipped with the right information before making your purchase. Here’s a guide on making a purchase that will make your fiancée, bank account, and insurance agent say “Yes!”  Brace the Bank An engagement ring is an investment, and (thankfully) you get to dictate how much you’re willing to risk. According to www.theknot.com, in 2016, the average cost of an engagement ring was $6,163. If that price makes you cringe, no worries—you can still… Read more »

Help Prevent Frozen Pipes

Frozen pipes can present an invisible threat – one that you might not recognize until the weather starts to warm. By then, the water damage can be significant and costly. Fortunately, keeping your home warmer, at a consistent temperature, and better insulated can help protect your pipes from freezing this winter. Which Pipes Are Most at Risk? Pipes that are most exposed to the elements, including those outdoors and along the exterior walls of your home, may need extra protection during winter months. These include… Read more »

“Mom, I’ve Been in an Accident.”

I got the call that no parent wants to get. My son was in a car accident and was calling me for guidance on how to handle the situation. I work for an insurance company, and even I was caught off-guard when he needed advice. At that moment, I wished that I had run through some basic “street smarts” with him before handing over the keys. Some tips to reinforce with your young driver: Traffic stop – Pull over to the right quickly but safely…. Read more »

College Students – The Not-Quite Independent Adults

In a very short period of time, there are a surprisingly large number of changes in the exposures you now face with your children away at college.  Let’s touch on the three questions we hear most often this time of year with children heading off to be college students. “We spent a small fortune to furnish our college student’s apartment off campus. Does our insurance policy cover this?” In the case of off-campus housing, the answer is often no, especially if your child maintains an… Read more »

Buyer Beware: Spotting a Hurricane-Damaged Vehicle

Harvey and Irma quickly became household names when the storms wreaked widespread havoc on people and property. Although no longer a top news story, unsuspecting car buyers in locations far from those affected by the storms may encounter a hurricane damaged vehicle for sale by an unscrupulous vendor. VINCheck The National Insurance Crime Bureau (NICB) offers a free service called VINCheck to help the public determine if a car was reported as damaged and subsequently has a branded title; an official damage designation made by… Read more »

MBG Inner Circle Award

Our agency was honored to be named a member of  Mutual Benefit Group’s Inner Circle. Thanks to the IIAMD for featuring us in the May/June 2017 Maryland Messenger newsletter.    SaveSave

Lessons Learned From The Timonium “Tornado”

In August, the Timonium area experienced a storm of “tornado” proportion with many damaging effects. We know that falling trees and branches are hallmarks of strong storms and high winds. What does your homeowners insurance cover when a tree falls on your property? If a tree falls on your “covered property,” your insurer will generally pay to remove the tree from the property. Debris clean-up, however, may not be included in that coverage. For example, if a tree falls on a fence, the fence is… Read more »

Summer 2017 Protection Points Newsletter

The Summer 2017 edition of Don Grauel’s Protection Points has arrived in mailboxes and is chock full of tips and information. What’s new in the marketplace? Don’s letter touches on two new insurance concepts, Lemonade and Teslas. Calling all movie buffs, check out our trivia challenge on pg. 4! We also included some appliance tips to keep your washing machine running smoothly. Want to receive our newsletter in your mailbox? Email me your name and address and we’ll add you to the mailing list (Don@Goldsborough.com)…. Read more »

A Cyber Attack? Not My Business!

By: Michelle Roark Did you know that a cyber attack affects 556 million victims a year?  That’s 18 victims per second and 1.5 million victims per day. 1 Your clients’ information can be stolen in minutes when a hacker gains access to your network or a network that supports your business. Although large corporate breeches make the news, 62% of cyber attack victims are small to mid-sized businesses.2 Often, despite company IT precautions, a hacker gains access to your information when employees unknowingly open phishing emails,… Read more »