Sunday is Father’s Day, the annual holiday where Americans celebrate the men who made them. You may love dear old dad, but how much do you actually know about the observance in his honor? Brush up on your Interesting Father’s Day Facts and make your Papa proud!
History of Father’s Day
This isn’t an especially interesting story, but Father’s Day officially began in 1910 in Spokane, Washington, where 27-year-old Sonora Dodd proposed it as a way to honor the man who raised her when her mom died in childbirth. Dodd was at a church service thinking about how grateful she was for her father when she had the idea for Father’s Day, which would mirror Mother’s Day but be celebrated in June — her dad’s birthday month.
The movement grew for years but didn’t gain national-event status until 1924 under former President Calvin Coolidge. He said it would “establish more intimate relations between fathers and their children” and “impress upon fathers the full measure of their obligations,” according to the Library of Congress Wise Guide. The holiday gained traction during World War II, and in 1966 President Lyndon B. Johnson proclaimed the third Sunday of June to be Father’s Day. President Richard Nixon made it a federal holiday six years later.
Today, Father’s Day has a passionate following, with about three-quarters of Americans telling the National Retail Federation they plan to celebrate on Sunday.
Here are some interesting facts about Dads and their day:
Census data shows there are more than 70.1 million dads in the U.S. About a third of them are married with kids under 18.
Two million fathers are single.
Spending on Father’s Day will reach about $12.7 billion this year, with the average person spending about $115.57 on presents. That’s about $2 more than last year’s average.
The amount spent on Father’s Day is still less than what Americans spend on Mother’s Day — $21 billion.
About 20 percent of Father’s Day cards are bought for husbands.
More than 214,000 men are stay-at-home dads.
Thailand’s Father’s Day is celebrated in December, on the birthday of King Bhumibol Adulyadej. Adulyadej served as Thailand’s King for 70 years, since 1946 when he was only 18 years old! Everyone wears yellow on Father’s Day in Thailand.
On Father’s Day in Germany, men drink all day at beer gardens.
Your auto insurance is a collection of different policies that cover you in different ways. Before you buy car insurance, it’s helpful to know how much car insurance you need.
Here’s how it’s broken down:
Liability coverage – These policies help cover liability and expenses when you’re at fault in and accident. The money will go to the people you hit, but it won’t cover the people in your car.
Bodily Injury Liability (BIL) – This policy pays for the medical expenses of people injured in a crash in which you’re at fault. You’ll often see BIL policies described as a “20/50” policy or a “100/300” policy. These numbers describe the maximum dollar amount the policy will pay for a single person’s injuries and the maximum for all the injuries sustained by all the occupants of the other car. For example, a policy will pay maximum of $20,000 for a single person’s injuries, and up to $50,000 total for the injuries of everyone in the car you hit.
Property Damage Liability – This policy pays for damage done to the other car if you’re at fault in an accident. Property liability is sometimes referred to alongside BIL as a third number, so a 25/50/20 liability package will cover up to $10,000 for damages to the other car.
The following policies cover you and your car in an accident:
Uninsured/Underinsured Motorist Coverage – This helps cover costs if you are hit by someone without insurance, or minimal coverage.
Collision – This policy covers repairs to your car after an accident.
Comprehensive – This policy covers costs if your car is stolen or damaged outside of an accident.
Minimum coverage isn’t necessarily all you should have. If you’re involved in a serious accident, it’s possible that an individual’s medical expenses could exceed $15,000, or a group’s expenses could total more than $30,000. In addition, $5,000 for car repairs isn’t a lot, considering that the average car now costs a little more than $20,000.
You’re on the hook when costs exceed your coverage limits. That’s why many people opt for policies that cover more than required minimums, particularly if they have assets that can be seized to pay for repairs and medical care. A good rule of thumb: Make sure you’re covered for an amount equal to the total value of your assets (Add up the dollar values of your house, your car, savings and investments).
How much insurance do you need for yourself?
Collision and comprehensive coverage is worth having if you would want to repair or replace your car after an accident. These policies have a deductible (the amount you have to pay out-of-pocket before coverage kicks in), and they pay out based on the current value of your car, not what you paid for it.
Choose the highest deductible you can afford, because a higher deductible will significantly lower your premium. You’re seeking coverage for major damages to your car, not for every little thing that can go wrong. It’s better to spend $500 of your own money on minor repairs every so often than pay an extra $50 a month whether you need repairs or not. Save collision insurance for when you have car repairs that cost thousands, not hundreds. Remember, if you submit a claim for every little thing, your premium will increase.
Check out your state’s minimum insurance requirements. It’s possible that the minimum coverage required might not be that different than what you really need.
When deciding how much coverage you need, make sure you’re covered for an amount equal to the total value of your assets.
To keep premiums low, choose collision coverage with a high deductible, and plan to pay routine repair costs with your own money.
People take out homeowners insurance for the same reason they take out car and health insurance: If a home is damaged or someone else injured on the property, insurance helps owners cope with the financial consequences. Homeowners insurance is actually a combination of two different types of protection, hazard insurance and liability insurance.
Hazard insurance protects you against unintentional damage or destruction to your house or its contents, including fire, storm, theft, vandalism and similar threats, the Nolo legal website states. It can cover the cash value of the damages or the replacement value; replacement value pays enough to replace what you lost, but cash value only pays what a property is worth. The cash value for a five-year-old $1,000 television won’t be $1,000, for instance, because it depreciates with age, making it worth less in the insurer’s eyes.
Liability insurance covers personal liability for accidents on your property. If your neighbor trips on a hose in your yard and breaks his ankle, for example, liability insurance will pay for his medical expenses, up to the policy limit.
One reason homeowners need insurance is that mortgage companies require it. If you take out a mortgage, your house is the lender’s collateral, so your lender will require you to buy a minimum level of hazard insurance. That doesn’t prevent you from buying a greater amount than the minimum, Nolo states, if you think it necessary.
Homeowners insurance covers most of the property in your home, but there are limits to what the insurer will pay for certain items, such as cash or jewelry, the “This Old House” website states. If you have a home office, hazard insurance doesn’t cover business equipment either. If you have personal or business property that isn’t covered, consider paying more money for a supplemental policy that will protect you if they’re damaged.
Homeowners insurance doesn’t protect you against everything: Insurers routinely exclude things such as flood damage and earthquake damage from coverage, though separate flood and earthquake policies may be available where you live. “This Old House” states that a “law exclusion” in your policy can be very expensive. If an older building is damaged more than 50 percent, it will have to be rebuilt to the current building-code standards; the law exclusion means the insurer won’t pay the cost of upgrading wiring or roofs to meet the code.
There are many ways for Virginia drivers to stay safe and stay out of trouble with the police – some more obvious than others. Don’t speed, don’t drink and drive, wear your seatbelt, don’t text and drive, don’t run red lights, don’t run down some poor sap crossing the street… LOTS of rules that most of us really don’t have a problem following. There are a few, however, that you may not be aware of that we’d like to mention now. Below are some new driving laws that were inacted this year in the state of Virginia.
Senate Bill 117 creates a traffic infraction with a $50 fine for opening a motor vehicle door when it is not reasonably safe to do so. Dooring, commonly used in reference to bicyclists, occurs when a motorist opens his vehicle’s door in the path of an oncoming cyclist or other vehicle. The impact can seriously injure or kill a bicyclist, not to mention scare the heck out of someone driving past, causing them to swerve and possibly hit the car next to them. Before you get out of your car on the driver’s side, look carefully for approaching cars, bicyclest and pedestrians. On the passenger side, make sure no one is walking close or riding their bike on the sidewalk.
In Virginia, a person 15 years and 6 months of age is able to get their Learner’s Permit to drive with an adult. That hasn’t changed. But Senate Bill 555 of 2016 states that learner’s permit holders may not have more than one passenger under age 21 in the vehicle, with the exception of household or family members. The passenger restriction was previously placed on passengers under 18.In addition, provisional driver’s license holders under age 18 may no longer have more than one passenger under age 21 even if a parent is present. The passenger limitations on all provisional driver’s licenses also do not include household or family members. The initial license issued to any person younger than 18 years of age is considered a provisional driver’s license.
Both of these provisions are secondary offenses.
The law also changes the minimum learner’s permit holding periods for 18 year olds. Previously, 18 year olds with a learner’s permit had to wait a minimum of nine months before they could apply for a driver’s license. Now, they must only hold a learner’s permit for 60 days.
Learner’s permit holders may not use a cellphone or other wireless telecommunications device while driving, even if the device is in hands-free mode, except in a driver emergency or when the vehicle is lawfully parked or stopped.The following are a few other DMV-related law changes that were effective July 1, 2016:
Organ donors registered through DMV will remain on the registry unless they ask to be removed. Upon application, DMV will issue refunds of fuels taxes for fuels used in vehicles owned by a hunger-relief nonprofit organization when the vehicle is being used for this purpose.
WHY must people sit in the fast lane and drive slow??? Everyone knows (or SHOULD know) that the left lane is for passing. Sure, if there’s a lot of traffic in the right lane, you could ride in the left. But at least do the speed limit for crying out loud, and move back over to the right when you’ve gotten past the cars. PLEASE! I’m begging you from the tread of my tires. Road Rage happens for a reason. People get frustrated, do stupid things, then cause accidents.
Now that I’ve gotten THAT off my hood, let’s talk about some other rules of the road that you might need reminding of. Every time you get behind the wheel, you accept responsibility for your actions. You must obey Virginia’s traffic laws, and ensure the safety of you, your passengers, and other motorists, pedestrians and bicyclists on the roadways.
Teddy Bear buckled with safety belt in a car
Under Virginia law, the driver and all front seat passengers must wear safety belts. A driver transporting anyone younger than age 18 must ensure that the passenger is properly secured in a safety belt, booster seat or child safety seat no matter where the child is seated in the vehicle. Believe it or not, there are some states that do not have a seat belt law. New Hampshire has enacted neither a primary nor a secondary seat belt law for adults. That may be because of their “Live Free Or Die” mentality 🙂 They don’t have a helmet law either.
Turn Right On Red After Stop
In Virginia, we can turn right on red after stop (UNLESS there is a sign that specifically says you can’t). That means if you come to a complete stop at a red light and you’re planning to turn right, you look to your left and if it’s clear, you can proceed. It’s a GREAT rule and terrific timesaver. I will say however, not ALL STATES have the ‘right on red’ rule. New York, for instance, does not allow you to turn right on red after stop.
Where Do I Put My Hands?
Is it 10 and 2? 1 and 7? Of course you’ll hear different things, but most people just put their hands on the steering wheel however it feels comfortable to them. The DMV says “Sit straight but relaxed and place your hands on the steering wheel. If your steering wheel were a clock, your hands should be at the 8 o’clock and 4 o’clock positions. Hold the wheel with your fingers and thumbs. Avoid gripping it with your palms.” So there you have it. 8 and 4.
The Virginia Driver’s Manual will help you learn and understand safe driving practices. CLICK HERE to get it.
We love Virginia. So much variety in it’s terrain. We have Mountains and Rivers; Bays and Ocean; white sands and red clay; green grass and pale yellow straw. You get the picture. Drive safely and take care of yourself and your family! And if you need insurance from a Virginian Insurance Agency, well, we MIGHT be ABLE to recommend someone!
If you own a car in Virginia, you must have car insurance to drive it. That’s a fact, and happens to be the very first reason you need car insurance on this top 10 list. HOWEVER, auto insurance is mostly about protecting you financially if something goes wrong involving your vehicle.
Take a look at the top 10 reasons you need car insurance:
It’s the law. In almost every state, including Virginia, you must at least have liability car insurance or you’ll face criminal fines. Repeated offenses could lead to the loss of your driver’s license and even a jail sentence. As far as reasons go, jail is a pretty you need car insurance, don’t you think?
Your car is an important asset. For many people, a car is the second-most-expensive purchase they will make in their lives, next to the purchase of a home. Vehicles are essential not just because they’re expensive, but also because of the service they provide to families. Car insurance is a way to protect that important asset.
No New Car For You! If you try to purchase a new car that includes a loan, you won’t qualify if you don’t have a full auto insurance policy. Beyond that, you won’t be able to lease a vehicle either. Your lender will always want to be paid. If you have an accident and can’t afford to get your vehicle repaired because you don’t have car insurance, the company that provided you a car loan won’t stop asking for monthly payments. Car insurance is one way to help ensure that you can continue to make your car loan payments.
Cars get you where you need to go when you need to get there. If you decide to skip auto insurance and then get into an accident and sustain damage you can’t afford to repair, you’ll still need to get to work and make other necessary daily trips. Car insurance helps pay for car repairs so you can get where you need to go when you need to get there. Or, you could take a bus.
The cost of a major accident. One of the many important roles of car insurance is the money for medical costs of people who are injured in accidents that are your fault. Of course, that includes any injuries you may suffer as well.
Provide legal protection. There’s absolutely nothing stopping someone from suing you after an accident, even if the accident was THEIR fault. Auto insurance gives you a buffer between legal claims and your wallet. That includes providing an attorney to handle any lawsuit stemming from a lawsuit over an automobile accident.
Protection from Mother Nature. You may think this would never happen to you, but what will you do if there’s a lightening strike, hurricane, tornado, or earthquake that damages or even totals your vehicle? It only takes a tree limb falling on your car from a simple storm and you may be looking at thousands of dollars in damage.
Non-accident protection. Car insurance can also be crucial if your vehicle is stolen or vandalized.
Avoid possible bankruptcy. For many people, the uninsured loss of a vehicle completely turns their lives upside-down. There’s no money for another vehicle, so getting to work on time can be difficult. That can lead to loans or credit card use that could spiral out of control.
PEACE OF MIND. Because car insurance helps in so many areas, not having insurance can lead to some nerve-racking times just hoping against hope that no other bad news arrives. Able Insurance provides peace of mind with auto insurance, life insurance, home insurance and business policies.
For Auto, Home, or Life Insurance In The State Of Virginia, with offices in
Richmond – 9103 Quioccasin Rd, Richmond, VA 23229 (804) 741-6305 and
Charlottesville – 716 Rio Rd West Charlottesville, VA 22901 (434) 979-0814
Owning a small business is a big responsibility. When you own a business, you have a lot to protect, and the right small business insurance coverage can be important to your continued success. Luckily, there are a variety of coverages to choose from when it comes to protecting your business. Here’s a rundown of the things to consider when it comes to buying your small business insurance policy.
Small Business Property Insurance Coverage
Perhaps the most obvious reason to purchase small business insurance is to protect your tangible investment—from your merchandise to the tools you use to make your business work. What would you do if, for example, a fire destroyed your place of business, making your equipment unusable and your products unsellable? The property coverage in a business insurance policy can help protect the physical property of your business against certain causes (they vary and are specified in your policy). This coverage may protect the actual building in which your business is housed, as well as inventory, equipment, furnishings and other property you have there. According to the Insurance Information Institute (III), it may also cover other costs, such as equipment breakdowns or the cost of removing debris after a covered loss.
Small Business Liability Insurance Coverage
No matter how careful you are, you may find yourself in a variety of situations that could result in a lawsuit against your business, so it’s a good idea to be prepared—just in case. The U.S. Small Business Administration (SBA) outlines three types of business liability coverage: General liability coverage: This type of coverage protects you in case you are sued because of accidents, injuries or claims of negligence. For example, if someone is injured on the premises of your business and files a lawsuit against you, this type of coverage may (depending on the situation) help cover some of the related costs. Product liability coverage: If your company manufactures or sells a product, this type of coverage may come in handy. It protects you in case your product is defective and causes injury or damage. Professional liability coverage: Businesses that provide services often purchase this type of coverage, which protects against errors and negligence. One example, according to the SBA, is the malpractice insurance that doctors are required to carry.
Small Business Insurance Coverage Relating to Employees
Depending on the number of employees you have, as well as other factors, there may be additional insurance considerations. Employment practices liability coverage, for example, helps protect you in case a former employee files a groundless claim against your company. Also, all states except Texas require businesses with a certain minimum number of employees (at least three to five, depending on the state) to have workers compensation coverage, which may help protect them in the event that an employee is injured on the job.
Small Business Insurance Coverage for Business Vehicles
Just like your personal car, your business’ vehicle needs to be protected. Business auto coverage is available to help protect your company against liability arising from accidents in your company’s vehicle, as well as other features, depending on the policy.
Small Business Data Compromise Insurance Coverage
Data compromise coverage, or data breach coverage, is another way to protect your business. This type of coverage helps protect against any associated legal or other costs in the event that personal data of employees or customers is stolen or accidentally released by your company.
As you shop for a small business insurance policy, there are many things to think about. If you run your business from home, for example, your homeowners insurance policy typically offers limited or no coverage for business-related property, such as supplies, tools or customers’ items stored for repair, or for business-related liability. So, it may be a good idea to consider purchasing a business insurance policy. In addition to the coverages described above, there may be even more business insurance options to consider. A conversation with your business insurance agent can help you determine the best way to protect your company.
You buy life insurance because it is the best way to protect your loved ones. It is a financial decision… kind of. It is an emotional decision… sort of. It is about love and caring and future… most definitely. Deciding whether you need life insurance can be a complicated process. Millions of people buy life insurance every year for reasons that are often difficult to express. At the same time, the reasons are simple and obvious. That’s the thing about life insurance. The idea may be simple, but the reasons behind it cut deep, to our very core, almost to an instinctive level.At the heart of it, if you are like most people, you will want life insurance for 5 very good reasons.
1. Life insurance is about taking care of loved ones.
It is about meeting responsibilities and keeping promises. If you own life insurance, it is because you view it from your family’s point of view, not your own. You see life insurance as a tool that protects your spouse and children from the potentially devastating financial losses that can result if you die prematurely.
2. Life insurance is for the living.
It has nothing to do with you. You know that, should anything happen to you, the life insurance you have purchased is in place to protect and provide financial relief for those who must carry on without you. It’s about them.
3. Life insurance is an expression of love and caring.
Because you care about your family, you want to ensure their financial security if you’re suddenly not around to do so. Should you die, the proceeds will help you keep the promises you have made to those people who are important to you. By protecting their financial future, you’re enabling your loved ones t o maintain their lifestyle, if something unexpected should happen to you.
4. Life insurance buys time and options.
Too often, when an income earner dies, survivors are forced to make tough, dramatic decisions—and to do so quickly—at a time when they may not be emotionally in a position to make good choices. Life insurance gives survivors a chance to adjust over time rather than need to look right away for a downsized home or new job.Your life insurance gives your family choices by providing the benefits to help pay off debts; to help meet housing payments, and ongoing living expenses; to help fund college educations for your children or grandchildren; and more.
5. Life insurance provides cash when it’s needed most.
Your life insurance policy can deliver a specified sum of money at the exact time of need. Upon your death, your family can be assured that the amount you have chosen—perhaps hundreds of thousands of dollars; maybe even millions—will be there almost immediately. And that death benefit is generally not subject to federal income taxes. For example, a $500,000 policy provides $500,000 in death benefit proceeds.If you are not completely certain that your coverage is in line with your family’s needs, please contact your New York Life agent. When you meet, you’ll work together to determine how much coverage you need, review what products and policy are right for you, and review cost comparisons.
We’re always here to help you make the best decisions based on your individual needs, current situation, and long-term goals. If you’re looking for affordable term coverage for temporary needs, or a permanent policy, we can help with solutions that meet your needs and budget. No matter where you are in life, one thing is certain: if someone depends on you financially, you need life insurance.
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716 Rio Rd West Charlottesville, VA 22901 434 979 0814
9103 Quioccasin Rd, Richmond, VA 23229 804 741 6305