Car insurance for business
The value of insurance is usually much underestimated. This is partly the result of adopting a very narrow view of the car insurance business for, in appraising the value of any business enterprise, we must consider not only the plain and apparent benefits which result from its activities but also its more remote consequences. Upon careful analysis it will be seen (1) that auto insurance performs a large number of functions for the business man and the community which are usually accepted without notice or appreciation and (2) that the numerous forms of insurance have in substance very much the same objects in view. To illustrate the significance of these two facts and to show the important part played by modern insurance in business enterprise are the principal objects. For convenience the various services of insurance for car have been grouped as far as possible and are described under ten headings:
1. Auto ins introduces security in business undertakings.
2. Automobile Insurance increases business efficiency.
3. Insurance tends toward the equitable assessment of cost.
4. Autoinsurance serves as a basis of credit.
5. The capitalization of earning power.
6. Car Insurance makes saving possible.
7. Insurance for car as an investment.
8. Car Insurance promotes thrift.
9. Insurance as a provision for old age.
10. Community benefits of insurance for car.