A worker's compensation plan is not only a requirement but a safety measure for all companies. Its main purpose is to protect both the employer and the employees from financial distress in case an employee is injured on the job. It does this by covering for medical expenses as well as reimbursing lost wages to the employee. By getting a compensation plan for your employees, you are protecting your company against lawsuits due to workplace injuries.
Whether you own your business premises or rent the space, commercial property insurance plays an important role in protecting the building and its inventory. It also protects things outside of the building such as fencing, outdoor signs, and landscaping including the garden and trees of the property. A commercial property policy protects your business premises and its content against losses such as theft, fire, floods, hurricanes, and other physical destruction. The policy will also cover loss of income to the business as a result of property damage. It's a key component of reducing your risk as a business owner and providing financial protection to your employees, clients, and your livelihood.
Suffering a loss to a start-up or small business can be a devastating experience to the owner. The longer it takes to mitigate the losses, the greater the emotional pain. If the damage occurred due to fire, theft, natural disaster, or peril that's covered by a commercial insurance policy, the right coverage can help you get back up and run the operation quickly. The right commercial cover helps mitigate losses and limit your business's downtime. It also helps protect your reputation with the customers.
There are nearly 300 million registered cars in the United States. Therefore, it’s highly likely that employees use their personal cars for company business or they use company cars for personal use.
Either way, it’s important that you as a business owner, create and execute a car use program to help mitigate your company’s potential liability should an employee be involved in an accident while driving a personal or company car.
Here’s what you need to know about the dangers of using a personal car for work and how you can best protect yourself against these risks.
How Important Is General Liability Insurance?
Are you searching for the best general liability cover in Baltimore, Maryland? If so, you have come to the right place. Even though you may think you have control over every aspect of your business, accidents can happen at any time. General liability insurance helps protect your business during such unfortunate accidents. When your business has adequate coverage, you can rest easy knowing that you are protected against the unexpected. Doerfer Insurance Services is a trusted name in Baltimore, Maryland for all your general liability insurance needs. Here is why you need to rely on Doerfer Insurance Services for all your general liability insurance needs in Baltimore, Maryland.