Dear Insurance Agent...
The auto insurance industry is driven by statistics and personal factors about YOU. Insurance premium is made up of a matrix of factors. So buckle up, as we count down to the behind the scenes of your insurance matrix:
10. Married vs Single: Its fact, two heads are better than one with the insurance industry. Most SMART married couples tend to pave the road to longevity. Couples not only combine their resources, they combine policies, guard credit better, budget household funds better and file less claims. They have legal and economic benefits that make for a champion of stability, investment and family growth(the backbone of a thriving society). George Clooney, a lifelong bachelor knows tying the knot has its perks.
9. Sedan vs Sports: Your car represents you...well, at least, this is the idea the auto industry wants you to buy. A sedan is much less costly when it comes to repair after a loss and a much safer way to get around. If you don't believe it, check out your collision coverage and compare it. Your driving pattern impacts your finances. So the better the driving pattern, the better the finances(get it?) which can lead to increasing that deductible and lowering that rate.
8. Keep your insurance history in CHECK. Prior insurance with lapses or cancellations is a huge impact on you and a driving history report. The insurance companies are surcharging you and adding penalties when you teeter with coverage in Texas. Too many can bump you to non-standard rates(higher than standard, again more money to the insurance companies and less in your pocketbook) until you prove a positive insurance history.
7. If you sold your car a month ago or don't own a car, but hold a license, you still must carry liability coverage in the state of Texas. Its the law. Its fact, got a license, and the insurance industry knows you will likely get behind the wheel of someone's car. A non-owners policy is inexpensive and once you own again, this policy will help you transition smoothly to a standard auto insurance policy...without the surcharges.
5. Lending out your car: Cousin Eddie wants to borrow your car but has a reckless life. He has no insurance coverage, is risking a claim and tarnishing your no-claims history. Think about it! He walk away from an accident with no accountability and claim against your coverage. companies, stays on your record for 5 years. Require Cousin Eddie to purchase a simple non-owners policy which is cheap and guards your no-claims history.
Even though memory loss may be the #1 reason why some issues don't get reported, it is important to keep your agent abreast of possible issues that may escalate later.
In recent years, the headlines spark wonder if the insurance outlook for consumers will shake many small insurance agencies. Buying auto insurance direct for instance, has worked out well online for a number of years. However, when it comes to homeowners and commercial coverage, the agent is still the best beat. Why you might wonder? Online is the craze for purchasing everything and anything. Well, almost.
Trailblazers of American business happened to stumble upon ideas to make life better. Innovative thinkers never stop pushing forward.
But rarely do we find great reads about women contributors throughout the generations. It so happens that they develop ideas far better when adversity is at its fullest.
In the heart of our nation were the founding fathers. But as far back as colonial America, women contributed to the development of business establishments.
In 1718, while women were required to give up their property and rights to their husbands upon marriage, Pennsylvania legislation enacted a bill granting women to serve as feme sole trader. This act allowed women to make sound business decisions in place of their husbands while at sea. The legal authority to help a woman support herself and her children would keep her "from becoming a burden to the public".
Hannah H.T. Elliot, petitioned the court for sole feme trader after reporting her husband for abandonment and unable to support her household including children. Leaving her destitute and frequently borrowing from friends and relative, she was forced to open a trimming shop. She was granted feme sole trader status whereby allowing her sole business operator along with retaining the profits.
Betsy Ross, along with her 1st husband, co-owned an upholstery business. Upon his death, having to raise children on her own for a while, she acquired his property and worked diligently making flags for Pennsylvania. Marrying a third time, didn't stop her from continuing her skills of needlework. The tale of the first American flag belongs to Betsy Ross.
Elizabeth Blackwell was ridiculed in medical school and ostracized when attempting a career in medicine. In the midst of her struggle as a physician, she held strong. In the mid 1800s, after watching a friend struggle with sickness due to embarrassment of visiting a male physician, co-founded a clinic for indigent women and children that would last over a century.
Josephine Cochrane couldn't help but wonder how to develop a better way to wash dishes. After finding much damaged china over the carelessness of her kitchen help, she discovered how water jets could blast powerful streams onto dishes if aligned in racks. Her husband died while her design was formed and almost left her penniless. She worked tirelessly pushing her invention but it changed the world forever. Her company evolved and changed hands after her death, to become better known today as Kitchen Aid.
The inventor of a new fiber developed as Kevlar, known for bullet proof vests, building materials, tires, and fiber optic cable was awarded the National Medal of Technology and inducted in the National Inventors Hall of Fame in 1994. Stephanie Kwolek, a chemist at DuPont passionate and persistent, “I discovered over the years that I seem to see things that other people did not see. If things don’t work out I don’t just throw them out, I struggle over them, to try and see if there’s something there.”
Party plan marketing is owed to Brownie Wise, a single mother, who had a charm and a knack for a product sales model. She took TupperWare not selling well in department store shelves and made into a household name. Earl Tupper hired her to head his company but later fired her after she received recognition for the TupperWare invention.
Throughout centuries, women have faced unpredictable challenges. Whether from despair, pressure, or simply a solution to a persistent burden, the human mind is capable of innovative ideas. How we get from idea to service or product starts with inspiration.
For all those women who defied the status quo, we salute your independence!
Read more women and men entrepreneurial trailblazers...
During WW2, unemployment
became scarce as millions took jobs at war production plants.
Rationing was the selfless act of the American effort as every vital
resource was conserved. Coupons were purchased by consumers limiting
the used of ingredients such as coffee and sugar. Driving was limited
as rubber was required for military production and recycling. Upon
the end of the war, the U.S. aided the greatly suffered Western European sector but included its own reconstruction back home. (WW2 Museum).