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How to: Lower Your Workers’ Compensation Costs

Most injuries can be prevented before they occur. Most business owners take the necessary precautions to protect the employees and visitors. Even so, accidents happen. Insurance coverage doesn’t have to drain your funds for the sake of protection. If you’re looking for ways to save on workers’ compensation insurance, you’ve come to the right place! Many injuries that occur on the worksite are entirely preventable. Whether you’ve been hit with a workers’ compensation claim, or are simply looking to reduce the risk of injury in your work environment, read on! Set up a safety program. Many injuries can be prevented before they occur. Having a safety program helps you to identify and eliminate workplace hazards that may cause accidents. California requires employers to have a written safety program in place. Moreover, putting standards and procedures on paper shoes that your company is committed to safety. If you have a plan already in place, ... Read more

Does Your Business Need General Liability Insurance?

Your business does need general liability insurance – and for good reason! General liability insurance protects your business from another person or business’s claims of bodily injury, associated with medical costs and damage to property! Here’s what this valuable coverage can provide for your business Bodily injury coverage: If a client falls head over heel on your premises, you may not get out of the situation with a sincere ‘sorry’. The guest can file a lawsuit, to which the coverage will cover the subsequent claim and related medical expenses up to your General Liability policy’s limits. Property damage and data loss: You spill coffee on a client’s server causing damage, loss or data, and caffeine-scented equipment. Your insurance can cover the claim, thankfully! Personal injury: Imagine, one of your employees is at lunch and talks to the owner of a sandwich shop about one of your clients in a bad way. ... Read more

Use These Tips Before Buying Business Insurance

Now that your business is up and off the ground, you’ll need to safeguard it. Business owners are aware that they need insurance to protect their company from liability risks and financial hurdles that they may meet down the road. Once you have your business off the ground, you’ll want to ensure that one minor accident isn’t enough to take it back to square one, ridding you of finances, too. All businesses face liability lawsuits and perils of natural disasters, such as hurricanes and flooding. Before you buy first business insurance policy that you see online, check out these tips: Estimate your business’ threats Every business should cover their business’ biggest risks. From injury lawsuits to flooding, ensure that your selected policy covers it all. If your business is located near a flood plain, you’ll want to add a flood insurance rider onto your policy. Educate yourself on business insurance terms Before you ... Read more