Every summer seems full of so much potential and possibilities. There’s time for relaxation, family vacations, backyard barbeques, hiking, and many other outdoor activities that make the season wonderful. Unfortunately, warm weather also comes with volatile atmospheric conditions. Knowing what to expect can help you prepare beyond just taking out hazard insurance, so here are the top three summertime perils that can damage your home.
Depending on your geographic location, hurricanes can cause considerable damage to your home with high winds that blow shingles off roofs, knock down electrical wires, and topple trees. Before the season begins, work on trimming back overgrown trees and securing any loose shingles to prepare for bad weather strikes.
Lightning is a dangerous force of nature, even if you’re indoors. A lightning strike can fry your electrical system and even start a fire. Figure out your vulnerability to lightning such as your home’s height relative to other structures in the area and consider adding lightning rods to mitigate the risk.
Hot weather mixing with cooler air can create strong storms that produce hail. When that happens, homes, vehicles, and even vegetation are no match for such a force of nature. Making it a habit to park your vehicle in the garage and moving glass tables to areas that have protection from a structure or overhang will reduce the risk in the event one of these storms suddenly pops up.
Knowing how dangerous summer weather can be is crucial to protecting your home.
Serving your community as an elected official is an honor. You are responsible for listening to your constituents and doing your part to ensure the rules and engagements of society are headed in a direction that benefits everyone. Naturally, there are many drawbacks that can come along with this territory. In the event of a problem, you want to feel confident that your insurance will help protect you from potential financial and legal repercussions. This begins with a comprehensive insurance plan.
Understanding the basics of public official insurance can provide you with insight on its importance. When a suit is brought against you, your insurance is the best line of defense you have. Whether you’re in a situation where you’re being accused of mismanaging money or there have been issues with hiring or firing practices, your insurance helps to provide you with the resources you need to get through the situation with as minimal damage as possible. Other areas where your insurance can come in handy include:
- Improper granting of licenses and permits
- Exposures like denials or approvals for zoning
- Dismissing employees under questionable circumstances
The Big Decisions
In order for you to do your part and make big decisions as a civil servant or public official, you need to make sure you’re going through the steps with your insurance. Review your current policy and see what you need to do to fully cover yourself in the future.
When working with sewage, there are a lot of biological hazards. For those in the sewage or water treatment industry, they need constant protection and vigilance to ensure that they do not become ill. It is up to you to protect your workers against common wastewater hazards.
Types of Risks
If someone comes into direct contact with contaminated water, they could become sick due to several different perils. In sewage plants, workers may contact:
Sometimes, if a tank is opened, microbiological hazards can transmit through the air. While some of the illnesses are little more than an uncomfortable illness, some exposures can lead to lung and intestinal diseases.
Types of Protection
One of the first steps that you should take to protect your workers is to educate them on safety practices. They need to know the different hazards and how to prevent illness. Training should include wearing gloves, hand washing and separating work clothing from off-duty clothing.
If workers show any symptoms of illness, they should disclose it as soon as possible. Personal protective equipment or PPE is also vital.
While sewage poses danger to workers, there are a lot of efficient ways to protect them. In addition to safety training and PPE, invest in the right insurance options to protect workers.
Medical insurance is the foundation of your employee benefits program. With many available options to consider, a group health insurance company can break down the costs and help you determine which plan is right for your organization.
How Group Health Insurance Works
By spreading the risk among the entire pool of insured individuals, group insurance can keep costs low, resulting in premiums that are usually less expensive than those for an individual health insurance plan. Designed to provide cost-savings to businesses, group health insurance can be purchased by companies with one or more employees.
Benefits of Group Health Insurance
Aside from offering affordable medical insurance to your employees, group health insurance provides tax savings because premiums are paid with employee’s pre-tax dollars. The business also realizes tax savings through lower payroll taxes and you will receive a deduction for the cost of employer contributions.
Types of Group Health Insurance Plans
There are several types of group insurance plans and ways to design your coverage, all with their unique pros and cons.
- Health maintenance organization
- Preferred provider organization
- High premium plan with a low deductible
- Low premium plan with a high deductible
Offering affordable group health insurance coverage to your employees helps boost employee morale and helps your business attract and retain top talent.
If you sell insurance in our modern world, you need an understanding of how to market insurance online. More and more people are turning to online searches or responding to virtual adverts to buy insurance, and knowledge of how to tap into these platforms is key to making your business successful.
Utilizing Social Media
When people think of internet marketing, they often think about social media platforms like Twitter and Facebook. Using these platforms, you can target your advertising based on customer factors like age and location, and it’s easy to monitor when and how people interact with your content.
Optimize Your Results
Search engine optimization (SEO) is a series of strategies used to improve the frequency and priority of your website’s appearance on search engines. This can help searching customers more easily discover your company.
Advertise With Reviews
Encourage happy customers to leave reviews of your business online. Potential customers like hearing about others’ experiences and this digital word-of-mouth can help build your brand.
Knowing how to market insurance online can be challenging, but there are some basic areas to cover even as you’re just getting started. The great thing about online marketing is that new content can build on old, allowing you to always be improving your strategy.
The foodservice industry is complicated, and that makes the insurance needs of restaurants complicated as well. Whether you offer full service, mobile food service, carryout, or delivery, you’ve got a complex web of liability coverages, protection needs, and asset insurance policies to manage, if you choose to manage them individually. Restaurant insurance programs offer you the opportunity to consolidate that into a single insurance policy with a single point of review, and that doesn’t just save you a lot of time and energy, it typically saves money on your overall insurance costs as well.
Pursuing a Quote for Restaurant Coverage
To get a comprehensive policy quote, look no further than the companies that make your industry their focus. One size fits all business insurance tends to stick to one-note policies like general liability, but industry specific providers build a business on making sure you have one provider to contact for all of your insurance needs. It takes a brief review of your company’s features, assets, and operational structure to assess the full range of any restaurant’s insurance requirements, but once you get a quote it will be easy to compare comprehensive coverage costs and see how the savings add up. The single point of contact also makes future updates easy. Just call or email your provider and ask for a review that updates your policy to reflect any new locations, equipment, or operational features.
Between workplace injuries, damage to important equipment, claims, and potential court fees and more, construction contractors face a number of professional liabilities and risks that could be partly covered through a comprehensive builders risk policy. You may have heard of general liability insurance before, but builders’ risk takes it a step further to offer you protections specific to building and construction that you might not find bundled together elsewhere.
Builder’s Risk Coverage Gets Detailed and Specific to Your Construction Projects
One of the biggest advantages to builder’s risk coverage is that you can get very detailed in your policy about risks concerning your specific types of projects. For instance, you could potentially cover:
- The scaffolding on projects
- Your equipment or construction supplies
- Your buildings
With General Liability, Third Parties Are Typically Covered
Getting a general liability policy will typically mean that damages to third parties are covered, whether in full or in part. Some of these damages include physical injuries or damages to company property, but the coverage may not be as specific as in a builders risk policy.
While general liability can offer any company some basic liability and risk coverage, for the events that can happen in the course of running a building business, you may want a more specific builders risk policy. By getting your risks covered, you can feel comfortable running your company without worrying about potential financial or legal harm.
Taking out a sensible insurance plan is crucial when it comes to protecting your employees. The right package for workers’ compensation, for example, can make all the difference. While you want to do what’s best for the people who work for you, it is also important to consider the costs involved. There are going to come times when your business cannot afford all of the fees and costs associated with traditional insurance packages. This is where a self-insurance approach can be useful.
The Advantages of Self Insuring
The biggest benefit of self insuring workers comp is the control it offers employers. This plan usually includes fixed costs at a lower rate than normal, which can be very useful for organizations working on a tight budget. Beyond this, you’ll have more control when it comes to the claims that are made. If loss prevention is a top priority for you moving into the future, this type of insurance can help you work toward that goal. The other advantages to this type of insurance structure include:
- Pay-as-you-go options that help maximize cash flow
- Claims are paid when they occur, rather than in advance
- Mitigation of losses through better cash management
Research the Alternatives
An alternative approach to insurance can often provide employers with options that they did not know existed. Do what’s best by your employees and your business by taking a look at how self-insurance policies work and whether your business qualifies for the option.
Owning a real estate agency can create a number of headaches. When one of your agents is negligent in some capacity, for example, it can have an impact on the rest of your business. What your agents do and how they act is a reflection on your company. This means you should definitely factor in your agents when creating an insurance plan. Covering acts of negligence is a great way to stay protected no matter what circumstances arise.
The Risks of Your Agents
Working with a professional negligence real estate agent specialist can provide you with a lot of insight on how to cover all potential risks. Essentially, the insurance broker will let you know about the agent’s duty and what “breaking the standard of care” can do to the reputation of an agency. By taking these points to heart, you can create a plan that helps you rise above and avoid some of the more common pitfalls associated with hiring an agent who doesn’t adhere to your standards. Other potential problems to focus on can include:
- Zoning claims
- Cases of alleged fraud
- Fines resulting from negligence
Stay Protected No Matter What
Though you cannot always guarantee how your representatives will behave, you can do your part to ensure your brand isn’t tarnished by a simple mistake. Review your options with negligence insurance for agents to get a better feel for your options.
Occupational accident coverages are similar to workers’ compensation protections. Independent contractors and those not covered under workers’ comp benefit from these policies.
What is Occupational Accident Insurance?
This insurance covers costs related to on-the-job injuries or mishaps for workers under the following conditions:
- Independent contractors: Workers of this type do not have the benefits employees have regarding workplace injuries.
- Trucking companies: Truck owner-operators are typically freelance contractors, not employees of the company. Individuals can procure a policy, or the trucking companies can offer it to their owner-operators as a benefit.
Can Employers Choose This Kind of Coverage?
Some states allow employers to opt-out of workers’ comp. To save money, they may choose to cover their employees with an occupational accident policy instead. This kind of insurance offers owners more flexibility to design their plans, select deductibles and coverage amounts.
What Does It Cover?
After the policy-holder meets the deductible, occupational accident coverages pay for things like:
- Medical bills stemming from mishaps while performing work duties
- Disability benefits for on-the-job injuries
- Expenses related to an accidental death
- Assistance for survivors
- Costs related to accidental dismemberment
Unfortunately, misfortune occurs in the workplace, and independent contractors must have protections to mitigate their financial risks. Occupational accident coverages help reduce potential job risks and associated expenses.