We’re approaching the time of year here very shortly where many of us will begin to talk of new year’s resolutions. Some of those resolutions will involve some sort of a gym membership that will likely be unused by spring, or just an overall goal of losing weight, eating better, or perhaps some other more tangible goal.
Within my office, one of the many things that I will do to prepare for the turning of the calendar year is to
a: buy a new calendar for 2015!
b: set goals for my office, largely based on performance and helping out clients
c: archive files and “close out” the 2014 year
On a personal level, however, I find it important to spend the early weeks of a new year analyzing my personal automobile insurance policies. If I can make any general suggestions above and beyond what you may already have on your list, it would be to review and adjust your insurance policy for the new year. The laws about insurance change regularly, and with them, the premiums may also change. Getting re-quoted may not save you money, but it’s worth doing because if you cannot get a better deal, you can stick with what you’ve already got!
A few quick tips on your Maryland Insurance Policy will be to make sure your liability and uninsured motorist coverage are representative of your income and your assets, maximize your Personal Injury Protection (PIP) benefits, and verify that any other insurance coverages that you have like homeowners or renter’s insurance are “bundled” together if they are written by the same company. This bundling alone may save you as much as 15% on your policy, which can be a big savings.
I am always happy to talk to clients and potential clients about their insurance policies. I offer a free in-office insurance evaluation to anyone who calls (410) 885-6200 and requests one. The best part is, I’m not an insurance agent and I CAN NOT sell you insurance. This means I won’t even TRY to sell you insurance, but I can give you some pointers on what might be beneficial for you to update, should you potentially be in an auto accident. Give me a call, let’s sit down and make sure you’re protected and in a position to maximize your recovery, should you get in an accident in 2015.
Also, be on the lookout to the soon to be published new edition of my book regarding explanations and tips on buying Auto Insurance in Maryland, due out in January 2015!
Maryland Attorney Jobeth Bowers is the founder of Bowers Law and a graduate of the University of Baltimore School of Law