Posts Tagged ‘Finance’

Learn About Car Insurance in Missouri

September 29th, 2022

Each state,Guest Posting including Missouri, has its own unique set of requirements when it comes to car insurance. If you are close to driving age in Missouri or you’re moving to Missouri from another state it makes sense to learn about these requirements. Once you learn about car insurance in Missouri you’ll find that it has a few similarities and some differences from other states.One of the most important requirements you will want to be aware of is that Missouri requires you to maintain financial liability for your vehicle. Of course, unless you are moving to Missouri from Wisconsin, Florida, or New Hampshire you should already be familiar with the concept of mandatory car insurance. Basically the law in Missouri states that you must always maintain financial responsibility for your vehicle at all times, to insure an injured party is protected.So, what else should you know about car insurance in Missouri? One important fact is that you must provide proof of insurance at all times, including while registering your vehicle with the DMV. Some acceptable proofs of financial responsibility include a current insurance card, a receipt from your insurance carrier showing name and vehicle information, the actual insurance policy, or a self-insured card from the Driver and Vehicle Services Bureau (applicable to dealers). You are considered exempt from providing proof of insurance if your vehicle is an official state, federal, or municipal vehicle or you have a commercial vehicle and a “motor carrier’s” card instead.You should also know that the state of Missouri not only requires you to maintain liability insurance on your vehicle, they also require a minimum amount of insurance you must maintain. All states are different in this regard, so it pays to know the minimum limits for your state. For instance, in Texas the limits are 30/60/30 (liability/property) but in Pennsylvania the limits are 15/30/5 (liability/property). So, as you can see, the required amounts vary greatly. If you are a resident of Missouri the minimum limits of insurance are 25/50/10, meaning you must maintain $25,000 in liability for a single person, $50,000 for a single accident, and $10,000 in property damage per accident. All car insurance policies written in Missouri must conform to these minimum limits, but it’s important to verify this with your insurer to confirm you are following the law. If for some reason your policy does not adhere to the minimum limits you should contact your agent immediately!Okay, so you know you must legally maintain car insurance in Missouri. But, what happens if you decide to take a risk and forgo purchasing insurance? If you get caught without proof of insurance you may be subject to one of the following penalties – 4 points on your driving record, an order of suspension that subjects you to monitoring, or suspension of your license. If you are in an auto accident and cannot provide proof of insurance you will have to file an SR-22 with the DOR for three years. So, you can see that keeping the proper insurance is vital!You now have a basic familiarity with car insurance in Missouri. Hopefully you will now be able to obtain insurance quotes and other information as an informed consumer, along with preventing any legal ramifications from your failure to maintain insurance.

What I Did Not Know About Missouri Wines

April 23rd, 2022

Every year my wife and I try to plan a fall trip to some place we have not been before. The choice this year was an RV trip to Branson, Missouri. Branson is infamous for its broad range of entertainment shows that one can attend and enjoy. We also like to find out more about a particular state’s wine industry. For example, I did not know that the area just west of St Louis overlooking the Missouri River is officially recognized as America’s first wine district. Missouri is also home to over 90 different wineries, comprising an industry that is on the rise.

In the 1830′s, some of the first settlers to the Missouri River Valley were German immigrants from the Rhine River Valley. They were looking to settle down and become crop farmers. They were dismayed to find the plots they staked were not the optimum for accomplishing what they wanted to do. Instead, the idea of starting vineyards and producing fine wines became the goal. One such vineyard, Stone Hill Winery, was so successful that it won the first of eight gold medals at the Vienna World Fair in 1870. The wine industry in Missouri was off and running and building a reputation of producing some of the best wines in the world.

The hub of the wine industry in the eighteen hundreds became centered on the town of Hermann, Missouri, first settled in 1837. The city of Hermann takes its name from Hermann the Cherusker, who beat back three Roman legions in the Battle of Teutoburger in 9 AD. To Germans, he is a symbol of strength. Historical Hermann is one of those places you visit where “time has seemed to stand still”. It is full of quaint, red brick buildings, several personalized bed and breakfast inns and numerous other shops and museums. The town has all the amenities to make a visit there a great experience. Hermann is the heart of Missouri wine country with its wineries producing nearly 70,000 gallons of wine per year, 1/3 of the state total.

Aside from the Hermann area, there are four other areas of note worth your time to visit. In the central part of the state west of Hermann near Fulton, Missouri and accessed by Interstate 70 is the Missouri River wine area. In the southeastern part of the state near Chaffe and Cape Vardeau is another wine growing area (Route Du Vin) that can be accessed by Interstate 55. The wine growing area near Springfield (Ozark Mountain) in the southwestern part of the state is accessed using Interstate 44. Finally, the area just west and adjacent to St Louis is called the Missouri Weinstrasse Tour and is located south of I-70 and north of I-44.

There is a broad array of events often planned within these wine growing zones. Wine tasting, winery openings, wine and dinner theatres, wine release parties, and winery anniversary celebrations abound. I also discovered that most of these events feature “live entertainment” to make the discovery tours even more enjoyable. As in many other places in the country, the October Fest celebrations always seem to cap off a great wine growing season, making a Missouri October wine tour extra special. Because of Prohibition in the 1920′s, the Missouri wine industry nearly disappeared, but since the early 1960′s the industry is once again flourishing.

In 2009, Stone Hill Winery received the Governor’s Cup Award. That competition featured over 220 different Missouri wines. Gold medals awarded totaled 42 with 54 Silver and 64 Bronze medals also awarded. The most important grapes are the Norton, Chancellor Noir, Cayuga, Catawba, Niagara and Concord. New French hybrids that are also gaining in reputation include Vidal, Seyval, Vigroles and Chardonel.

Missouri is often affectionately called “The Show Me State”. My investigation of Missouri’s Wine Country ended up “showing me” that they have carved out a nice niche in wine producing. Remember, store your wine properly, serve it at the right temperature and enjoy it immensely.