Amazines Free Article Archive
www.amazines.com - Thursday, November 26, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133432)
 Advice (161169)
 Affiliate Programs (34757)
 Art and Culture (73748)
 Automotive (145648)
 Blogs (75213)
 Boating (9844)
 Books (17221)
 Buddhism (4128)
 Business (1329013)
 Business News (426379)
 Business Opportunities (366351)
 Camping (10967)
 Career (72751)
 Christianity (15849)
 Collecting (11638)
 Communication (115068)
 Computers (241942)
 Construction (38920)
 Consumer (49685)
 Cooking (17067)
 Copywriting (6651)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20419)
 Dating (45889)
 EBooks (19696)
 E-Commerce (48224)
 Education (185301)
 Electronics (83506)
 Email (6407)
 Entertainment (159837)
 Environment (28927)
 Ezine (3039)
 Ezine Publishing (5451)
 Ezine Sites (1550)
 Family & Parenting (110929)
 Fashion & Cosmetics (196424)
 Female Entrepreneurs (11846)
 Feng Shui (131)
 Finance & Investment (310446)
 Fitness (106332)
 Food & Beverages (62917)
 Free Web Resources (7940)
 Gambling (30223)
 Gardening (25148)
 Government (10532)
 Health (629684)
 Hinduism (2206)
 Hobbies (44055)
 Home Business (91582)
 Home Improvement (251105)
 Home Repair (46177)
 Humor (4832)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29585)
 International Property (3485)
 Internet (191004)
 Internet Marketing (146475)
 Investment (22848)
 Islam (1167)
 Judaism (1356)
 Law (80453)
 Link Popularity (4595)
 Manufacturing (20856)
 Marketing (98996)
 MLM (14136)
 Motivation (18221)
 Music (27012)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129631)
 Organizing (7805)
 Party Ideas (11852)
 Pets (38069)
 Poetry (2234)
 Press Release (12683)
 Public Speaking (5635)
 Publishing (7528)
 Quotes (2407)
 Real Estate (126636)
 Recreation & Leisure (95396)
 Relationships (87678)
 Research (16169)
 Sales (80337)
 Science & Technology (110257)
 Search Engines (23488)
 Self Improvement (153225)
 Seniors (6236)
 Sexuality (35949)
 Small Business (49283)
 Software (83015)
 Spiritual (23475)
 Sports (116078)
 Tax (7659)
 Telecommuting (34067)
 Travel & Tourism (307860)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11747)
 Website Design (56838)
 Website Promotion (36595)
 World News (1000+)
 Writing (35790)
Author Spotlight
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
DANICA EVANS

Danica Evans is an experienced author and online content writer. She has done her major in psycholog...more
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more


The Rich History of Auto Insurance by Andrew Stratton





The Rich History of Auto Insurance by
Article Posted: 04/24/2015
Article Views: 110
Articles Written: 5522
Word Count: 534
Article Votes: 0
AddThis Social Bookmark Button

The Rich History of Auto Insurance


 
Business
One need not be well versed in the history of auto insurance to guess that it did not arrive until after cars had been invented. The momentous event of the first ever auto insurance policy occurred as recently as 1897. However, the history of insurance traces back thousands of years.

Chinese merchants as far back as 3,000 B.C. were known to have practiced some form of coverage to limit individual loss should any merchandise vanish at sea. A little over a thousand years later, the Babylonians invented their own system to minimize the risk of shipping their goods. King Hammurabi authorized loans for merchants that would be paid back with interest if the cargo arrived intact.

In Greece, less than a thousand years later, the general average came into existence. Through this institution, a number of merchants would ship their goods together, each investing money into a collection that was later used to reimburse any whose goods were lost on the journey. An early form of life warranty appeared in Greece and Rome; societies were formed in which every member donated a weekly sum, and in the event of a member's death, a portion of the collection would go to that person's family for funeral expenses.

Widespread interest in insurance would later manifest primarily following disasters that served as reminders of its benefits. The first written warranty appeared in Genoa around the time of a tumultuous earthquake in the fourteenth century. This contract bore a close resemblance to those of the ancient days, involving a loan that would be overlooked if a ship were to sink. From this point on, insurance began to diverge farther and farther from ordinary investment, with premiums beginning to vary based more heavily on risk assessment. Specialized varieties began to appear throughout Europe. The Great Fire of London in 1666 claimed most of the homes of the city's inhabitants, giving rise to property coverage.

America joined the insurance game in the middle of the eighteenth-century thanks to Benjamin Franklin. Members of the group he formed would assist each other financially should any member suffer losses as a result of fires. Franklin also suggested policies for crops and life insurance, while similar policies were being taken out across the ocean as well. Over the next century, programs began to appear to accommodate accidents, disease, and old age.

Then came the advent of automobiles. Following World War I, cars became more and more common in cities. The first auto insurance policy was taken out in 1897, six years after the first recorded car crash, but it wasn't for some time after this that coverage would become compulsory. Since then, policies have become increasingly complex, and the roads have become safer due largely to the improvement of roads and the installment of implements like stop signs. Still, each year there are over five million accidents in the United States alone. Insurance seems to have been a good idea from the start, and today policies are in place to prevent disasters of all kinds from being worse than they have to be.

When considering auto insurance, Canton, OH residents visit Canton Insurance Agency, Inc. Learn more about this service at http://www.cantonins.com/Auto/.

Related Articles - auto, insurance, canton, oh,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
HELEN STEPHENS

I love to research products and write reviews only high-quality useful products. ...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
JASON NG

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more
CECILIA KAELIN

Cecilia is a professional Editor-writer (30+ years) and works on a worldwide scale. She has a profes...more
PAUL RICE

hello everyone l been on the net since 2000 and enjoy my work l work as an affiliate and also have w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license