Month: August 2015

Hospitality Insurance Company Can Protect A Business

Hospitality Insurance Company Can Protect A Business

Many people who own businesses understand that there are many circumstances that could occur for which you can be held liable. This means you would likely be sued for virtually any incident that may occur on the premises. This is even truer in the hospitality industry, where a business can be named in a lawsuit for incidents occurring off the premises, or for issues that were only vaguely connected to your actual place of business.

One of the biggest liabilities that a hospitality insurance company will have to cover concerns problems related to alcohol consumption. If you purchase hospitality insurance you can provide peace of mind and assurance knowing that you are protected in the instance of an unforeseen claim being brought against an employee or the establishment.

Hospitality insurance is well worth the cost

This type of coverage is relatively low priced in today’s market and there are a number of businesses that serve or sell alcoholic beverages that can obtain this protection at a reasonable price. However, the cost associated with not having this protection can be significant and anyone that has experienced having to defend against a lawsuit or pay a large settlement would advise others to ensure having it in place.

There really isn’t any excuse for not having the proper type of coverage on hand. This insurance product is most beneficial to caterers, restaurants, taverns, social clubs, hotels and any other type of business that is selling or serving alcoholic beverages on a regular basis.

After all, when it comes to your business, you need to protect your investment to the best of your ability. One lawsuit related to this type of issue can ruin or bankrupt small businesses and significantly impact medium or larger-sized businesses.

This is why the investment is so vital and the fact remains that having a hospitality insurance company in your corner is the best solution to the cost that you may encounter if you do not have proper coverage and are facing these types of claims on your own. Keep in mind that by purchasing this policy you’ll be protecting yourself, your business, your employees, and even your patrons.

Workers Comp And Atlanta Business Insurance

Workers Comp And Atlanta Business Insurance

Safety on the job applies to every industry, whether there’s lots of heavy machinery, or simply desks and chairs. No matter how simple or complex a business’ duties requires of its employees, providing a safe work environment can make the difference between having happy, productive employees or a pile of workers compensation claims covering your desk. The safety of a business’ employees should be taken seriously in order to avoid any liabilities and also to create a safe and comfortable work environment for employees as a whole.

We all know that sometimes accidents can happen, and when they do occur, someone needs to be held responsible. For many companies, Atlanta Business Insurance, and specifically workers compensation insurance, doesn’t have to be a burden or something to be overly concerned about. It’s merely a business’s statutory obligations to aid employees in the performance of their duties when they incur an injury or illness.

Safety measures can reduce workplace injuries

Enforcing safety measures, and seeing workers compensation being utilized when accidents occur, will give a business the reputation for respecting their employees and taking accountability while the employees feel like their employer cares about their safety and well-being.

As everyone knows, accidents on the job can still be expensive and create costs for both the business and its injured employee. Additional costs may also arise from the business’s precautions to manage the risk of injury and illness. So it’s suggested that businesses take every possible precaution to avoid any accidents on site since this can reduce its potential liability.

One way to accomplish this is by, when bringing on any new employees, reading through safety guidelines and helping them understand the purpose and process of approaching workers compensation issues. This can be essential, but it’s still not quite the same as actually training them. Regular communications with workers can make workplace safety everyone’s business.

Having supervisors that get hands on and walk through the ways that the company takes on safety measures is highly recommended to avoid future accidents. Instructing employees in specific behaviors related to specific machines, procedures, and facilities can potentially make a difference in the outcome. The bottom line is that accidents will certainly occur and Atlanta Business Insurance is a vital resource when things do go wrong.

Marine Repair Liability Insurance for Artisans of the Seas

Marine Repair Liability Insurance for Artisans of the Seas

While they provide a valuable service to those in the marine industry, marine specialists require marine repair liability insurance to aid them in situations where they may be the target of litigation as a result of clients filing claims citing property damage, failure to make repairs, or causing serious financial losses.

Marine repair includes several services

These denizens of the docks help to repair damage to watercraft and marinas and offer consulting on everything from docks and boats, to slips and wharfs and offer their expertise to many marine-related trades and businesses. Their unique skills help keep the boating industry afloat, helping businesses and boatmen keep their vessels and watercraft in good working order, and with their professional knowledge they can also help by offering a wide range of services, including rigging, painting, welding, fiberglass repair work, marine carpentry, cleaning and engine repair, as well as winterization, electronics installation and other essential boat and dock related work.

Their capabilities are essential to the industry as demonstrated every time a major storm hits coastal areas where owners report serious damage to their vessels and seaside resorts and docks. It is during these times that many artisans are called upon from all over the country to help communities rebuild and repair their marinas.

As anyone who works in the marine repair business knows, it is important to partner with someone who specializes in insuring marine repairers and that is able to provide both, general and specific property and casualty coverages, as well as professional liability insurance, offering products that can step in and aid these valuable artisans when an alleged error or omission occurs during the course of performing professional work for a client.

In addition, they should look into risk management planning, which will help them avoid situations where lawsuits and negligence claims often occur. Risk planning is a major tool for many industries where claims against businesses are most common and the cost to defend against these types of accusations are costly to both the business, and their reputation. Speak to an agent familiar with the risks involved in marine repair and can provide marine repair liability insurance to deal with these types of exposures.