As an employer, you know the toll that worker injury and illness can take on your business productivity and bottom line. You can mitigate that risk and expense by implementing an effective workplace safety program. With such a program, you can avoid absence due to work-related injuries and illness and decrease your workers compensation risk and expense at the same time. This is especially true since a large part of your premium for workers comp insurance depends upon the frequency of claims.
One goal of your safety program should be to comply with the Occupational Safety & Health Act, and OSHA can provide information as well as consultation and/or training if needed. This is an important consideration, since insurance carriers typically will want to know how complete, comprehensive and effective your safety program is when deciding how and whether to provide your coverage.
Each company’s safety program will look different, but all should typically include written guidelines and safety procedures for employees’ reference. The plan should designate an in-house Safety Manager who is given the responsibility to carry out the program, educate and train new and existing employees, coordinate periodic safety inspections and motivate employees to avoid unsafe practices in the workplace.
Even in the presence of a well-designed program, accidents can occur; so your program should provide for on-site first aid care. If/when employees require absence from work because of work-related illness or injury, your program should include an effective return-to-work protocol.
Here at Henry A. Latimer & Son Insurance Agency, we are available to answer your questions regarding workers compensation and to discuss any other business insurance needs. Please contact us at your convenience for more information.
Already have workers compensation insurance? Why not request a no-obligation policy review to be sure that your rates and premiums are the best for your needs?
It’s back-to-school time again. We thought it might be a good time to review some of those circumstances that are unique to the school year, especially as they relate to your insurance coverage and liability.
Having the bus stop is in front of your home can seem convenient. However, children gathering for the bus in front of your home every day could very well result in accidents, however minor, at some point throughout the school year. The issue will become whether your homeowners insurance policy carries enough liability coverage. So you will want to have a conversation with your insurance agent before the start of the school year to be sure that you have the right coverage in the right amount to meet your unique needs.
You will want to determine the total value of all items stolen so that you can make the appropriate reports to the school and perhaps to the local police agency as well as your insurance agent. If you have homeowners or renters insurance, then it will likely cover the loss of the stolen items up to the limits of the policy, assuming that the total value of stolen items exceeds your policy’s deductible level. If your policy includes personal property replacement coverage, then you can replace the stolen items with new ones of the same kind and quality. If jewelry was stolen, the coverage limit on your policy will vary. Your insurance agent should be able to answer any questions you have about your policy’s coverage, limitations, exclusions, etc.
There are several auto insurance issues that you will want to discuss with your agent to be sure that you have the coverage you need can protect you and your passengers up to the limits of your policy.
The Latimer Insurance Agency is a full-service insurance agency in Bethesda, Maryland (Montgomery County) offering business/commercial insurance, auto insurance for your vehicle, home insurance for homeowners, renters and condo dwellers, and life insurance to all of Maryland (MD), Virginia (VA) Pennsylvania (PA), Delaware (DE), New York (NY), West Virginia (WV), North Carolina (NC) and Washington DC since 1919. Our experienced insurance agents at our office Bethesda, Maryland (Montgomery County) welcome your inquiries and are glad to discuss your coverage needs at any time. The scope of your insurance coverage and options depend entirely upon the policy and the insurance company providing it. This website is not intended to advise, offer or bind coverage. You should always discuss your insurance issues with professionals such as a licensed and qualified insurance agent before making any decisions or choosing a course of action.
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