Don’t Drive Drowsy: 7 Tips to Stay Safe Behind the Wheel
Don’t Drive Drowsy: 7 Tips to Stay Safe Behind the Wheel Drowsy driving may be more common than we think. About 1 in 25 drivers
With the holidays comes a surge of foot traffic, and you want to be prepared with enough staff to assist your guests. You’ve posted the hiring signs and reviewed the applications, but have you thought about how seasonal workers will affect your commercial insurance or risk management? Here are some key things to keep in mind as you plan for another busy season.
The holidays can bring more people to your business, which can be great for sales, but also increase the amount of risk. Discuss the boom in business with your local insurance agent to ensure that your coverage limits are adjusted accordingly. The last thing you want is for a major accident or significant property damage to set your business back.
Even if you don’t consider them full-time employees, seasonal workers must be covered by workers’ compensation. Failure to do so can result in stiff penalties significantly affecting your bottom line.
To reduce workers’ compensation liability, perform a full assessment of your seasonal workers and offer extensive training on safety protocols for any machinery, chemicals, or other hazardous materials they might work with. Importantly, you’ll also want to confirm that your workers’ wages are accurately reported as this can affect your premium and coverage.
If you have seasonal workers behind the wheel of company vehicles, make sure they are included in your commercial auto policy. Don’t forget to confirm that they have a valid driver’s license and a good driving history. You may also want to consider adding non-owned auto liability coverage if your seasonal workers use their own vehicles.
If you tend to hold more inventory throughout peak seasons, make sure that your commercial property insurance coverage reflects the temporarily increased value. You might also want to adjust your business interruption insurance during peak times of the year to cover potential losses.
Employment Practices Liability Insurance, sometimes known as EPLI, can help protect against claims from your employees such as, but not limited to:
Employment related claims can lead to substantial legal costs. An EPLI policy typically provides coverage for defense costs and damages for employment related claims. In today’s litigious landscape, businesses should manage their risks by having coverage in place before a lawsuit arises.
There are several things that you can do to reduce risk, including but not limited to:
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This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.
Don’t Drive Drowsy: 7 Tips to Stay Safe Behind the Wheel Drowsy driving may be more common than we think. About 1 in 25 drivers
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