There is no question automobiles give us incredible freedom. Having the ability to go to the store, doctor, or out to eat brings joy to all of us. As we age, it is normal for our driving abilities to change. Few people like the idea of depending on others or relying on public transportation. However, when age diminishes the ability of seniors to drive, endangering themselves and others, it is time to start making hard decisions.
Auto Insurance And The Senor Driver
Auto insurance companies understand this problem; accident rates increase for people over the age of 65. As our baby boomers move into retirement there will be more senior citizens on the road. The decision to know when to stop driving can be a wrenching one for all family members.
Signs It Is Time To Hide The Keys
Lots of dents on the car
Increase in accidents in a short period of time
Difficulty turning to see when backing up
Riding the brake
Easily distracted while driving
Failure to notice traffic signs
Difficulty maintaining lane position
We recommend that you drive with the seniors in your life from time to time to see how they respond in different driving situations. Start a discussion early about driving safety and even provide resources to read. Their safety and the safety of others should come first.
There is no question that operating a business comes with certain risks. But there are also many benefits. The range of business threats is evolving rapidly but your organization can thrive and gain a competitive advantage if you know how to manage your risk. Here are a few simple ways to manage risk:
Follow insurance company loss control recommendations. These are designed to reduce the probability of a loss and to reduce the severity if a loss occurs.
Develop an employee handbook. Having a set of procedures involving roles and responsibilities will help reduce employment issues in the long term.
Evaluate your facilities. Unused equipment, obsolete security systems and lack of attention to risks on the site present significant potential for loss. Insurance companies encourage all business owners to maintain clean and safe premises for the health and safety of employees, vendors and customers.
Make safety a priority. Having a safety program can not only reduce your costs but will improve employee productivity.
Train your staff. Employees perform better if they have an understanding of what their roles and responsibilities are. Make safety part of every job description.
Keep employees healthy. A local company, for example, has instituted a comprehensive wellness program that includes disease management for afflictions such as asthma and diabetes, as well as offering flu shots, cancer screenings, smoking-cessation sessions and a round-the-clock phone line staffed by nurses. The company found that for every dollar it invested, it saved $4.23.
If your business changes, your insurance should too. Meet annually with us to determine whether your business has changed in significant ways that require modifying or adding coverage.
Raise your deductible. Raising the deductible on your insurance usually lowers your premiums. Even if you end up having to pay the deductible, it’s likely to be less than the amount you save.