How to Reduce Your Risk of Employee Claims

Employment practices liability insurance protects staffing firms from employee claims of discrimination, which can range from gender or race discrimination to harassment, wrongful termination and more. If you have a small company or have just started out, you may not be aware of the many areas in which you are exposed to work claims.

Reducing Your Risk

Here are some steps you can take to decrease your risk:

  • Create an employee handbook outlining company policies and how you will deal with issues such as attendance or poor work.
  • Develop job descriptions that include skills needed and performance level expected.
  • Initiate annual performance reviews.
  • Conduct a background check on each candidate.
  • Make sure there is no language in your job application regarding age, sex or race. Include statements that anyone hired will be “at-will” and they can be terminated for any reason or none at all.
  • Adopt a policy against discrimination, substance abuse and harassment. Define how to report such instances.
  • Keep records of employee issues as they arise, and include actions taken to resolve them.

Review Your Insurance

Your staffing firm is at risk from the time you first interview someone. If you don’t hire the applicant, he or she may claim it was due to some type of discrimination. The best way to make sure you have adequate employment practices liability insurance is to review your exposure with your insurance agent.

Protect Your Business With Professional Liability Insurance in Indianapolis

People make mistakes, and in today’s business world most errors are unforgivable and land companies in court. It might seem a bit over the top to sue someone else for committing an error or omitting important information where needed, but those filing don’t see it that way. Doctors have malpractice insurance and contractors are licensed and bonded. For professionals, protection against such lawsuits comes in the form of Errors and Omissions insurance. If you offer a professional service to your customers, such as architecture, engineering or surveying, it would serve you well to add an additional layer of protection over your business with professional liability insurance in Indianapolis.

Liability coverage will shield you against negligence claims that allegedly caused the suing party financial damage by helping cover the expenses of your defense counsel among other things. Legal fees alone can be devastating to any professional firm, but smaller ones are hit harder in particular. E & O insurance will also protect your company’s assets and help to keep its reputation intact, which you’ll need to secure future business. Some projects require E & O coverage prior to signing on with the professional. If you already have professional liability insurance in Indianapolis, you’ve just opened the doors to more business opportunities for your firm while protecting it.

How Will PEO Insurance Benefit Your Company?

As a professional employer organization (PEO), you offer a needed service to your clients. When they are able to outsource workers’ comp, payroll, training and employee benefits, it takes the pressure off of their company. The pressure, however, is then put on yours. Because of the risks you face, you need a proper PEO insurance policy. The following are some ways in which a policy will benefit your company:

  •  Legal Fees – If you are involved in a lawsuit because a client believes you did not provide them with the services they requested, your policy can help to cover the legal fees. This could include filing fees, attorney fees and a variety of other expenses you were not originally planning on.
  •  Settlement Fees – No matter the type of lawsuit, it’s possible the settlement could point in favor of your client. In such a case, you will often be responsible to pay a settlement to the client. Proper insurance coverage will step in to help you make this payment.
  •  Repair Costs – If your property was damaged due to vandalism or fire, a policy with the right coverage will help you afford the repairs. This could be essential to keeping your business running after unforeseen circumstances.

As you can see, there are some major benefits you can experience with the right PEO insurance policy. Contact your agent to learn more about the options you have and get covered today.

Why You Need Employee Liability Coverage

Most companies become acquainted with the workers compensation insurance requirements in their state fairly quickly, since coverage is mandated from the moment a business has one or more employees. What is easier to overlook is employee liability coverage, which is just as important, and which provides for the coverage of costs for medical expenses and lost work time relating to bodily injuries and accidents that are not covered by that basic workers compensation policy.

Liability Coverage for Staffing Agencies

If your company manages the staffing needs of other businesses, then this coverage becomes integral to your operation. You need coverage that includes any work site your employees are assigned to, and that also works worldwide. That makes your needs slightly different from those of other companies, and also more vital—after all, having employees is your business.

Bundled Coverage

For the best and most robust insurance coverage, find a provider who can meet your needs as a staffing provider by bundling together all your specialized and industry-specific coverage, including:

  • Employee liability insurance
  • Employment practices liability
  • Asset protection
  • Hired non-owned auto policies

When you have a partner whose offerings anticipate the needs of your business, then you know you and your employees are both protected, wherever the job happens to take them.

Types of Temporary Staffing Insurance

If you run an agency that places workers with corporate clients, chances are you see hundreds of resumes and conduct numerous interviews. It is easy to feel overwhelmed with the sheer number of applicants for the positions you are trying to fill. Many prospective employees are prepared to take temporary positions that may lead to permanent employment. The popularity temporary employment for both workers and clients has led to a significant rise in the involvement of staffing agencies, and it also makes the need for temporary staffing insurance more urgent.

You do not want to be held responsible for injury or damage caused by someone you placed with a client. To make sure this doesn’t happen, invest in temporary staffing insurance to protect you from various types of liability. A policy may cover bodily harm, damage to property, monetary loss and other problems. You may also find insurance that protects your agency in case one of your workers behaves abusively or engages in criminal activity.

The screening process is vital to ensure that every worker you place has the qualifications needed to do the job. However, sometimes there are unexpected events that can lead to mishaps. Make sure you have temporary staffing insurance so you can place workers with clients and have peace of mind.

 

How to Find the Right Commercial Launderers Insurance

Every business comes with insurance needs. Commercial laundering is no different. If you’re new to the business or have only recently discovered the importance of commercial launderers insurance, you may find it overwhelming to begin your search for the right provider. Protecting your operations is imperative. Here are three things to look for when choosing an insurer.

Experience

If you find an insurer that has been in the business for decades then you can be sure that they’re doing something right. It can be difficult to keep a strong client base if you aren’t good at what you do. Often these insurers understand their specialty best.

Coverage Options

Not every business needs the same kind of coverage. There is no one size fits all option and there shouldn’t be. Consider agencies that will offer you a variety of different coverage options. Whether you need business auto, worker’s compensation, general liability or a different form of coverage, the programs should be available to you.

Reviews

Read the reviews and hear what other clients have to say. This is one of the most effective ways to find commercial launderers insurance from a reputable source.

It’s important to stay covered, no matter what kind of business you run. When it comes to commercial laundering, this is especially true.

Interview Techniques for Inclusive Hiring

Employment practices liability is a constant threat for employers and recruiters who must hire regularly. At a staffing agency, this is your entire business, so the risk can be even greater than it is for other companies. This means it’s important to take extra precaution, too. There are a number of techniques you can pick up to integrate into your interviewing technique and sidestep common liabilities.

Keep Questions Strictly Professional

If you see that your candidate graduated from a college in your hometown, it may be tempting to comment and ask about their background, too. Though these questions can be innocuous, they can also be interpreted as discriminatory. Keep questions related to professional experience only.

Don’t Ask for Unnecessary Details

Your position may require weekend availability, and you may inquire about this because it is relevant to the position. You should not, however, ask for additional details. Your candidate’s availability may be related to religious activities, but it isn’t a good idea to ask for clarification or seek out this information.

Focus on Essential Job Functions

It is legal and reasonable to ask a job candidate whether or not they are able to perform the essential duties of the job. Making a judgment outside of their own self-assessment is discriminatory, however, and poses a major employment practices liability.

Scenarios When Insurance for Contractors in Clifton, New Jersey Would Come in Handy

As a contractor, you face some hazardous work environments. Although it seems like a lot to handle, you can rest easy when you have insurance coverage to soften the blow of a bad situation. What are some scenarios in which insurance for contractors in Clifton, New Jersey might come in handy? The following are just a few:

  • Workplace Injury – Your employees are put in some menacing situations. They often work around deep holes, have to use sharp and fast equipment, and are sometimes subjected to a lot of heat during the day. Even when you take every precaution possible, accidents can happen in the workplace. A workplace injury needs the protection and compensation of insurance.
  • Broken Equipment – Your equipment and tools do a tough job. While they are made to withstand a lot of pressure, hard materials and a lot of use, they can wear out or break. It can get expensive to replace some of the items you use on a daily basis, but with insurance coverage, you don’t have to sweat the costs.
  • Lawsuits – Whether you dug in the wrong place and shut off the neighborhood’s water supply, flung a piece of rebar into the neighbor’s yard and put a hole through the roof, or dumped a load of dirt on someone’s flowerbed, you could get sued. Proper insurance coverage will help you in case you are faced with a lawsuit.

Insurance for contractors in Clifton, New Jersey is an important part of business. If you are a general contractor, make sure you protect your assets with proper coverage.

Obtaining Staff Insurance From a Qualified Agency

As a staffing company, it’s important that you look into staff insurance. There are other types of coverage you’ll need as well, and your insurance agent can help you see where your risks are and how you can handle them. Staffing insurance is best obtained by a qualified agency for the following reasons:

  1. Experience – An insurance agency that regularly deals with staffing companies will have the experience needed to ensure you have the proper policy. They will generally monitor the industry to make sure they catch any emerging trends that need to be looked at. They also commonly track developments to come up with the perfect fit for your insurance services.
  2. Dedication – When you hire an insurance agent, you want someone who is dedicated to the work they do. A qualified agency will typically have a deeper commitment when it comes to ensuring you are covered against the specific risks you face.
  3. Products and Services – Doing business with a qualified agency often gives you an advantage in which products and services you receive. When you have a larger selection of coverage options, you are able to tailor the policy to the needs you have as a company.

Don’t trust your staffing company to any insurance company. Working with a qualified agency will help you obtain the staff insurance you need to find the most success in business.

Why Would a Company Need New Jersey Contractors Insurance?

Contractors have a lot of unique risks associated with the jobs they perform on a regular basis. While it might seem simple and routine to the contractors, there are accidents that happen. If you are a contractor and are just looking into New Jersey contractors insurance, the following will help you understand why it is needed.

  1. Peace of Mind – Whether you use heavy equipment, work in dangerous areas or know your employees don’t pay attention to safety sometimes, it can be worrisome to think all day about what could go wrong and how you would pay for it. Insurance gives you that peace of mind that allows you to focus on the job at hand.
  2. Protection – You never know when something will happen and when someone will need the protection that comes from insurance. Unfortunately, even in the most controlled and careful situations, accidents can happen. Protect yourself, your company and your assets with insurance coverage.
  3. Responsibility – When all else fails, know that you are responsible for your employees, your assets, your company and everything associated with it. It’s a big responsibility, and one you cannot take lightly. It’s the responsible thing to do to purchase a complete insurance package.

To learn more about New Jersey contractors insurance, speak with your insurance agent. It’s an important part of your business, and something you may want to look into before you accept another job.