Father Of Insurance

Founding Father Benjamin Franklin was born on January 17, 1706. His pivotal role in American history is known by most. Still, you might be surprised to learn that he is also the Father of Insurance.

In 1752 he founded the first American insurance company known as The Philadelphia Contributionship. Initially formed for insuring houses from loss by fire, Franklin’s firm sold 143 policies in its first year.

Since then, the industry has grown in leaps and bounds and evolved. As of 2018, some 2.69 million people are employed by the insurance sector, with growth continuing. Insurance now protects more than just homes; it safeguards transportation, recreation, identity, business, and finances, to name a few of its evolved uses. 

Now is a great time to schedule a free, comprehensive insurance review to make sure your home and other valuables are protected.