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Buying Your Kid a Car

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By Diane Tait
Into every life a little rain must fall.Or so the story goes.Of course, for those who live in Florida, there’s no such thing as a little rain, is there?One of the times when parents tend to feel as though the sky is falling is when it comes time to teach their children to drive.That’s followed soon thereafter when buying your kid his or her first car.

The Basics of Business Insurance

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By Diane Tait
The sad fact is 2/3 of businesses fail within the first two years of opening their doors.While some blame economic factors or ever-increasing competition from big business, I believe that the number one failure factor for most business owners is complexity.That’s right, where owning a small business used to be a straightforward process, todays small business owners have to contend with a myriad of things that entrepreneurs a couple decades ago couldn’t even imagine.Between the intricacies of the Internet and office automation, who has time to manage the day to day operation of a business?Even covering the risks associated with business ownership can be as complicated as Sanskrit to the average business owner.While I can’t help you with feeding your Facebook or dealing with a computer crash, one thing I can give all you small business owners out there is a basic understanding of business insurance.

Caught Between a Truck & a Hard Place

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By Diane Tait
If you’re a commercial trucker, you should know that the US House of Representatives is doing its best to increase your liability requirements nearly seven-fold.You heard me right.HR 3781 which was sponsored by Representative Matt Cartwright in July 2019, proposes to raise the minimum liability limit you are required by law to carry from $750,000 to $4, 923,153.29.The bill which was named “Improving National Safety by Updating the Required Amount of Insurance Needed by Commercial Motor Vehicles per Event Insurance Act of 2019,” is being touted as a necessary update to the commercial trucking insurance law that has been on the books since 1980.The reason given by Mr. Cartwright for the seven-fold increase in the requirements was that $4,923,153.29 is the amount needed to achieve the same purchasing power as $750,000 with regards to medical-cost inflation.That’s the bad news.The good news is that while the bill has been assigned to the House Transportation and Infrastructur…

When Will You Drive a Robocar?

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By Diane Tait
I just happened to be channel surfing last night when I stumbled upon a recent episode of Nova that was all about self-driving cars.After taking the time to go through the evolution of fully and partially automated cars, along with the aftermath of several fatal crashes, the show pointed out the fact that like it or not, more and more cars on the road already have some form of automation installed at the factory.Think about it.What car doesn’t come equipped with Cruise Control these days.Some of the pricier models even have Adaptive Cruise where the car’s speed is adjusted for the traffic ahead.Most luxury models built today have what’s referred to as Lane Maintain that’s designed to keep the vehicle between the dotted lines.Top of the line vehicles have automation that do everything from hitting the brakes if a hazard appears ahead to automatic lane change ability.My point is that like it or not, automotive automation is creeping slowly but surely into every vehicle buil…

These Tricks Are No Treats

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By Diane Tait
Halloween is supposed to be a night when kids and some adults don costumes to play at being something they’re not.Whether the costume of choice is a superhero, a witch, a goblin, or just an opportunity to pretend for a few hours that you’re a doctor, an astronaut or the devil himself, the charade is something done in fun. Unfortunately, the start of the holiday season is also the time of year when conmen and women kick their nefarious activities into high gear.Just like Halloween, these scam artists try to trick the unwary into believing they’re something they’re not.