Mother Nature Rules Over a Recession

The conversations at About Staffing lately have been about the topic of recession proof industries. One we discussed was insurance. Insurance is supposed to protect us just in case something happens. We pay upfront so that we will mitigate the costs of potential loss. Recession or a booming economy doesn’t make one bit of difference in the insurance industry!

For all drivers, insurance is necessary because accidents do happen, no matter how careful or defensive drivers are. That is why the term is “accident”; we just don’t see it coming. This past winter is proof that Mother Nature is going to rule the roads. Our economy should be booming just based on how busy our insurance agents, estimators, and auto body shops have been this past season!

As Canadians we are pretty trusting of others, and we more or less like people. But the world is getting smaller, and Mother Nature is getting fiercer each year. We need to plan for accidents of all kinds, and hope that it doesn’t happen to us, regardless of the economy. Mother Nature doesn’t guide the economy.