Common Business Insurance Claims and How to Prevent Them

fallen employee

Common Business Insurance Claims and How to Prevent Them

Protect your business from these common risks.

As a business owner, you know that your company is subject to certain risks.  However, some threats are more common than others.  While having the right commercial insurance in place will help you deal with your exposures, there are other precautions you can take as well.  Here are some of the most common business risks and what you can do to avoid them.

Wind and Hail Damage

  • Trim trees– During a major storm event, wind can knock down trees, which can then cause damage to your company’s property. If a storm is headed your way, trim the trees surrounding your business’s property to reduce the chances of them causing damage.
  • Bring in outdoor furniture– If your company keeps furniture (patio tables, chairs, and umbrellas) outside, then bring these in before a storm hits. This will prevent furniture from getting thrown against your business’s exterior in windy conditions.

Slip-and-Fall Injuries

  • Clear walkways– To reduce the chances of employees or customers tripping and injuring themselves while on your business’s property, you should make sure that hallways and walkways are clear of clutter and other tripping hazards.
  • Install proper lighting– Dim lighting can cause an employee or customer to miss a fall risk. Installing bright lights throughout your business’s property can help you avoid this risk.
  • Clean up spills and fix leaks– If you have a leaky faucet or if there is a spill in a business common area, then make sure you address these issues right away. This will ensure that employees and customers don’t slip and injure themselves.

Employment Practices Liability Issues

  • Train supervisors and managers– Everyone in a supervisory or management position should receive training on how to treat the employees working under them. This training should include appropriate modes of communication, how to handle employee complaints, and how to respectfully conduct themselves in a professional setting.
  • Plan for interviews– Before interviewing a potential candidate, you should check to make sure that none of your interview questions constitute discrimination or compromise the rights of protected classes.

These are some of the precautions that you should take to avoid some of the most common small business risks.  Remember, having the right commercial coverage is another way to keep your business safe.  For assistance with all your business insurance needs, contact the experts at Club Agency Insurance Brokerage in Garden City, New York today.

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