Todays blog 09-08-2016
Where does insurance originate from? It actually goes back over 4000 yrs when the Babylonians merchants who wanted to protect their goods in transit from bandits and inclement weather. The modern day version was formulated in Edward LLoyds Coffee House in 1688 with a company called Lloyds of London. This was the meeting place for ship owners, merchants and others seeking to distribute goods on trade routes to the New and Old World and wanting to insure the safety of these trips. Each party paid a premium which was pooled together to pay the losses that a few may have. It is the same concept for modern day insurance. JESUS is Coming Soon!! Are you Ready??? HARVEY & OWINGS INSURANCE AGENCY YOUR KANNPOLIS AND CONCORD AUTO AND HOME SPECIALIST.