Everything You Need to Know About Auto Insurance

Every auto owner must have auto insurance in order to drive their vehicle legally. You can get into serious trouble with the law if you do not have insurance in place and if someone hits you – or if you hit them – and auto insurance is not held by you or the other person, legal issues are not the only thing you will have to worry about. You will have to worry about how the vehicles will be fixed if they can be fixed and how doctors bills are going to be paid if someone is seriously injured.If you get into an accident, the first thing you should do is make sure your auto insurance was in force at the time of the accident. Most insurance agencies have a 24 hour hotline for just the reason. If another person was involved, you will need to make sure their insurance is in force as well. The next step is to immediately contact the authorities so that they can help control the situation and charge whoever was at fault for the accident. This helps auto insurance agencies determine who is liable for any repairs or doctors bill. Having auto insurance is extremely important.When you purchase a vehicle from an auto trader, a private person, or at an auction, you will need to contact your insurance agent immediately to let them know that you have purchased a new vehicle. Sometimes the auto trader will carry insurance on the vehicle they sold you for 24 to 48 hours in order to protect you until you can get your insurance in place. When you purchase a vehicle from an auto trader, always ask them about temporary insurance they may have in place. Additionally, always inquire about coverage for a new car with your agent before you purchase it. You may find that your coverage will be in force temporarily through your agent until you can sign or pay on a new insurance agreement.If you get into an auto accident and your vehicle is considered a total loss, the vehicle may be used for auto parts if there are areas of the vehicle that are not damaged. Many auto salvage yards receive vehicles from accidents where auto parts can be salvaged and then resold for a reduced price to people who need them to fix up their own cars. Reliable auto salvage yards are a great source of auto parts that can save you some money if you are able to work on your own vehicle or know someone who can do the work for you.Being able to prove that an accident is not your fault is key to making sure that you do not see increased auto insurance rates or are left out in the cold when they refuse to pay your claim. This is one of the reasons why a police report and unbiased witness accounts are important in an auto accident. If no report is filed with the police, then the cost of the accident will be split between you and the other party. This is not fair to you if you are not at fault, so always protect yourself and your investment. Never accept blame for an accident. Make the report in an unbiased way and let your insurance company determine the blame based on your information and the reports they receive. After all, this is what you pay them to do.

How Business Travelers Can Enjoy a Stress-Free Trip

Panic naps at the airport lounges, settling yourself from left to right during the flight and constantly losing your appetite and sleep because of the anxiety; who says the life of a business traveler is easy? Despite staying organized and ahead of their game, stress-free traveling often seems like a dream to business travelers. Does it really have to be this miserable?Here are some of the helpful ways in which business travelers can lessen their worries and enjoy their trip for once!1. Stay PositiveAs it is popularly said, it’s always all in the head. And whatever stays in the head has a huge impact on your experiences. Since you can determine what goes on in your head, it is best to stay positive at every leg of the journey. You’d be surprised to witness how easier things can get for you. Although many business travelers here would argue that they refrain from being negative, being positive demands way more. From being optimistic about your travel plans to being polite to everyone along the way; you can easily achieve this!2. Pack RightBusiness travelers are always on the go. Therefore, it is essential for them to learn the art of packing. For many of us, the traveling stresses only relate to not knowing what and how to pack! Since business travelers are frequent flyers, it is advisable to always stay packed. Although you might have to add a few things, it is still easier when the base is packed. As a business traveler, you must bring peace in your life by learning how to pack properly. The aim is to carry only the bare minimum and allow yourself the least amount of luggage. Unless it gets a compulsion, do not carry anything more than a carry on. This is only going to be possible if you learn the essential art of folding right!3. Keep an Electronic Copy of all Essential DocumentsAlthough business travelers mostly stay organized and keep a track of all the important documents, it is important that you keep an electronic copy to all these documents. Carrying a USB can help you a great deal! It is no less of a catastrophe when you lose critically important travel documents such as the passport or your insurance policy. Making an electronic copy hardly takes any time and can become extremely valuable when you need it.4. Eat WiselyThis is often taken for granted, but is extremely important in order to enjoy a healthy and happy work life! Since the eating pattern is going to have a huge impact on your brain activity as well as your sleeping pattern, it is best to give it a thought. Always try and avoid any beverages and opt for bottled water instead. Avoid fats and carbs because they take longer to burn. A healthy body is going to help you immensely!

How Basic Costs Affect the Construction Industry – An Analysis

It’s a fact that most industries in the past decades have been suffering from the effects of inflation and never-ending rise of production costs. The construction and engineering industry has not been spared the dilemma. Aside from dealing with shortage in labor and manpower, material costs are also taking a toll on the productivity of the construction industry.The worker shortageFewer employees might translate to more profit for some industries, but this is not the case for the construction industry. According to James R. Bogonet of Bogonet Construction Associates Inc., a D.C. firm that specializes in building and renovating interior office space:”I’ve had to go out and work weekends to keep a project on schedule. The construction industry is suffering a severe worker shortage that is helping drive up the cost of development, including wages and office rental rates.”The trend is continuous, because as early as year 2000 more than 240,000 jobs related to the construction industry are glossed over for higher-paying jobs. It’s a case of double jeopardy- if the firms do not pay enough, they don’t get staffed. But they lose immense profit when they do pay higher salaries to construction workers. The problem is cyclical.Prices are going up, up, up…According to Engineering News-Record, an industry publication: “National construction costs are up 2.3 percent this year.”The problem calls for more capital outlay on the part of the clients, because to handle for the backlog due to shortage of workers and even tighter deadlines because of being understaffed, it takes $125-$150 to construct a single square foot of office space in the prime areas of United States.This figure exponentially rises when we’re talking about the largest buildings and skyscrapers that are either leased or rented out to individual office-space holders.Subcontractors declineSmaller outfits are being more selective because of the relative shortage of manpower in the construction business. According to David Dempsey, a senior vice president for Spaulding & Slye Colliers, a development and construction group in the District:”Ten years ago, if you put out a bid for masonry work, you might get twenty some responses. Today, you’re lucky if you get six.”As we can see here, the construction industry is experiencing a very tight labor market. In the event that such labor conditions exists, every cost rises to match the unceasing demand. On the other hand, when labor is plenty, the prices drop because of the distributive quality of supply and demand scales.According to Andrew Craig, vice president of construction and design for Staubach Co., an international commercial real estate brokerage:”There is so much demand for development in this area that the problem takes on more urgency. We have to be more strategic, more nimble. They (the clients) want to know, `Why am I paying $50,000 for something I paid $30,000 for last year?’ You have to help them understand what’s happening in the marketplace.”Craig’s analysis is quite dynamic because it highlights a basic truth about all industries- that in the end, if the market is sluggish, everything topples to the ground.