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 »

OEM, CAPA, Aftermarket, Oh My!

It’s bad enough that you were in a car accident, but then you’re thrown into the world of car repair and collision replacement parts – OEM, CAPA, and aftermarket. If you have experience with collision repairs then you may be familiar with the different types of replacement parts, but if not, here is a quick primer on repair terminology. The age of your vehicle and your insurance policy may also affect repair part choices. OEM Repair Parts Original equipment manufacturer (OEM) parts are those components… Read more »

Ready, Set…Sniff!

On Saturday, October 22nd, the Goldsborough Team walked and ran through beautiful Patterson Park in support of BARCS at their Ready, Set…Sniff! 5K run and walk to support animals in need. The course was filled with a competitive pack of athletes and four-legged friends and the after-party was a barking good time!

When Is The Wrong Time To File An Insurance Claim?

There has been a flurry of “news” and magazine articles recently claiming to know when not to file an insurance claim. Unfortunately, they are wrong about 75% of the time. Few of these articles quote their data sources so it’s difficult to respond, but let’s clarify just a few of the most common that I have paraphrased. Never file a claim or you will definitely be surcharged and probably have your protection canceled. FALSE. Cancelations resulting from a single claim are almost unheard of in… Read more »

UBER Problems

  You have heard of the manufacturing economy, the services economy and probably the internet economy, but how about the “Gig Economy” or the “Sharing Economy?” The most common businesses falling in the gig economy involve car services such as Uber and Lyft, often referred to as transportation network companies or “TNC’s.” In the sharing economy, homes (Airbnb) are a prominent example, but there is even a toilet sharing service by the name of Airpnp (did you catch the name). As with much of the… Read more »

Prevent Appliance Hose Failure

As the weather turns cooler and inside projects become more attractive, why not replace those old appliance hoses. It’s easy to take them for granted until, when you least expect it, one bursts. If not caught quickly, an appliance hose failure can cause thousands of dollars in damage. Consider your humble washing machine:  According to the Insurance Institute for Business and Home Safety (IBHS), washing machine failures cost an average of more than $5,000, and faulty hoses are responsible for more than half of those… Read more »

What are the Protection Issues When You Move Your Home?

We just moved the office (you knew that, right?). It went pretty smoothly thanks to some great vendors and the most on-the-ball staff any business could ask for. In fact, on the Friday we moved I put out a notice to clients and vendors not to expect us “back on line” until noon on Monday. On the very same morning we moved, at 11:45am the staff was taking calls and making policy changes. We were out of reach of our clients for only 3 hours… Read more »

Is your Nest Empty?

In a very short period of time, there have been a surprising large number of changes in the exposures you now face with your children away at college, mostly in the area of health insurance. Let’s touch on the three questions we hear most often this time of year with children heading off to college. “How can I protect myself from being sued should a friend of my son’s get involved in an at fault accident using my car?” As a general rule think of… Read more »