RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

What Factors Impact Car Insurance Costs?

August 21, 2015 2:15 am

Auto insurance providers examine a number of factors when determining risk and rate for each driver. According to a recent InsuranceQuotes.com report, age and marital status have a significant impact on car insurance costs – costs decrease every year until age 60, for example, except in states where insurance companies are not permitted to factor age into rate calculations.

Per the report, the sharpest drop in costs is from age 20 to 25 – a whopping 41 percent decrease. From age 25 to 60, rates drop another 18 percent. Senior citizens do not experience large penalties as they age; 75-year-old drivers may pay just up to 17 percent more than 60-year-olds, the report found.

Getting married young can save a great deal on car insurance, as well, except in states where insurance companies are not permitted to factor marital status into rate calculations. According to the report, a married 20-year-old pays 21 percent less than a single 20-year-old for the same policy. At age 25, the average marriage savings falls to 7 percent.

Source: InsuranceQuotes.com

Published with permission from RISMedia.


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Food Gardens: America's New Favorite Pastime

August 21, 2015 2:15 am

Cities and towns across the country have seen significant growth in the popularity of food gardening. In fact, according to a report by the National Gardening Association, 42 million households are growing food at home or in a community garden, the highest level in over a decade.

Who’s driving this aspiring farm-to-fork trend? Millennials. At 13 million strong, those aged 18 to 24 are the fastest growing population segment of food gardeners, recently spending an overwhelming $1.2 billion on food gardening activities.

Households with children are also contributing to its rise in popularity, totaling 15 million. Additionally, the number of people living in urban areas that participate in food gardening has steadily increased to 9 million.

According to the National Garden Association’s report, the socioeconomic factors spurring the food garden movement include action by federal agencies (such as the U.S. Department of Agriculture and the U.S. Department of Health and Human Services) to increase awareness and education efforts, and more engagement and public-private partnerships to promote and build food gardens.

So, what are we growing? Per the report, over three-quarters of all households with a food garden grow vegetables.

Source: National Gardening Association

Published with permission from RISMedia.


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