Does General Liability Insurance Cover Injured Employees?

Will your general liability coverage take care of injured staff members?employee with arm in a sling

If you run a business, then you are responsible for the wellbeing of your staff.  Most business owners look to ensure the safety of their employees by securing the right insurance protection.  Unfortunately, some business owners incorrectly assume that their existing policies, such as their general liability insurance, provide coverage for injured employees.  It’s important to understand that general liability insurance only provides coverage for customers, vendors, and other third-party injuries.  The only way to secure coverage for your staff is with the right workers compensation insurance.  Here’s what you need to know.

  • Workers Compensation Insurance

The only way to protect your employees from workplace injuries and illnesses is with the right workers compensation insurance.  This type of coverage will address an injured employee’s medical expenses, lost wages, and rehabilitation costs.  However, workers compensation doesn’t just protect your employees—it also offers safeguards for your business as well.  For instance, should an injured employee decide to waive their workers compensation benefits in favor of suing your company, then this workers comp coverage can be converted to pay for your business’s legal and settlement costs.

  • Mandatory Coverage

Almost every state in the U.S. requires businesses to offer some minimum amount of workers compensation insurance coverage.  So, not only is offering workers comp coverage a great way to show your staff that you care about them, but it also ensures that you are not leaving yourself vulnerable to costly fines and legal trouble.

Interested in securing the right workers compensation insurance to keep your staff safe?  If so, then contact the experts at Miller Carlisle Insurance Services.  We are ready to assist you with all your business’s insurance needs today.

Small Business Owners, Watch Out for These Liability Risks

Don’t let these liability threats get the best of your small business.Small Business Owners, Watch Out for These Liability Risks

As a business owner, you know that your company faces a considerable amount of risk every day. However, some of the most serious risks are those stemming from a liability issue. Here are some of the most common liability threats that you need to look out for.

Product Liability

If your business manufactures or distributes products, then it can be liable for any injuries, property damage, or other losses that the product causes. Additionally, your business can be held responsible if a customer claims that your product was falsely advertised.

Employment Practices Liability

Employment practices liability issues arise when an employee (current, former, or prospective) accuses your company of unfair hiring protocols or mistreatment in the workplace. Common employment practices liability claims include discrimination, sexual harassment, retaliation, breach of employment contract, wrongful termination, and so on.

Cyber Liability

Cyber liability issues occur when your business is the victim of a data breach that compromises the personal information of your customers. If your business is held liable for a data breach, it will be responsible for the cost of notifying customers, recovering lost data, restoring compromised identities, and repairing damaged computer systems. Additionally, you will also face the threat of litigation from affected customers.

These are three of the most common types of liability risks that small businesses face. Luckily, having the right commercial liability policies in place can help you protect against these risks and any others that your company might face. To secure the comprehensive business insurance that you need, contact the experts at Miller Carlisle Insurance Services. Our dedicated team is ready to get you covered today.

Preventing Common Causes of Workplace Fires

Watch out for these common fire hazards at your business.Preventing Common Causes of Workplace Fires

While you might have a fire detection system installed in your place of business, this isn’t enough to completely eradicate your business’s fire risks. It’s also important that you understand some of the fire risks that your company faces and what you can do to mitigate these risks. Here are some of the common causes of workplace fires and what you can do to address them.

Cooking Equipment

Surprisingly, cooking equipment is one of the most common causes of fires in commercial settings. While this makes sense for businesses involved in the food and restaurant industry, cooking equipment is also a major fire risk in other businesses as well. For instance, if you have cooking equipment in your employee breakroom (microwaves, hotplates, toaster ovens, electric tea kettles, etc.), it’s important that your employees are using these items safely and only for their specified purpose. Additionally, it’s important that these cooking appliances are turned off and completely cooled down before you leave them unattended. Finally, keeping flammable items away from hot cooking equipment will also cut down on your businesses risk for fire.

Electrical Malfunctions

Another common cause of workplace fires is the malfunction of electrical and lighting equipment. While you can’t really predict when a malfunction will occur, you can reduce your business’s fire risk by training your staff. For instance, train your staff on how to safely use work equipment to avoid malfunctions caused by improper use. Additionally, your employees should be trained to notice potential electrical issues such as frayed or damaged wiring, issues with lighting fixtures, and broken equipment. As a business owner, you should also make a point to conduct regular workplace safety inspections to catch any potential problems before they become serious.

These are two of the most common workplace fire hazards that you and your employees need to be on the lookout for.  Want another way to keep your business safe?  Make sure you have the proper business insurance protections in place.  Contact the experts at Miller Carlisle Insurance Services for assurance with your commercial coverage needs today.

Essential Commercial Coverages for Your Business

Here are some of the insurance policies your business can’t afford to overlook.Essential Commercial Coverages for Your Business

As a business owner, you know how important it is to secure the right insurance coverages for your company. However, with all the coverage options out there, it can be difficult to determine which policies are most essential. To help you get the coverage you need, here are some of the most basic types of insurance that almost every business can benefit from.

Commercial General Liability

One of the most serious risks that your business faces is the risk of a liability issue. For instance, if your business was deemed responsible for another’s injuries, property damage, or other losses, then your company would be liable for their medical treatment or repairs. Additionally, you might even face a lawsuit. Commercial general liability insurance will ensure that you have the coverage you need to address these costs and, if necessary, pay your legal fees.

Commercial Property

Another major risk that you face is the risk of property damage. For instance, your business could face damages and losses stemming from vandalism, break-in, fire, or extreme weather event. Commercial property insurance will ensure that you can pay for your business repairs. Keep in mind that this type of insurance will also extend coverage to the supplies, inventory, equipment, and other property housed within your company’s building.

Workers Compensation

Workers compensation is one of the few mandatory commercial coverages out there. In fact, almost every state has laws dictating the amount of workers comp insurance that businesses are required to carry. This type of insurance covers the medical treatment and lost wages of employees that are injured or who become ill while on the job. Additionally, this coverage can also be applied to your company’s legal fees, should the injured employee decide to sue.

These are some of the essential coverages that your business cannot afford to overlook.  Looking for assistance with your business’s coverage needs?  Then contact us at Miller Carlisle Insurance Services.  Our professionals are ready to get you covered today.

Should I Get Insurance for My Online Business?

Find out which coverages you need to protect your online shop.Should I Get Insurance for My Online Business?

If you own a brick-and-mortar shop, it’s easy to understand that you need insurance protection for your company’s building, its property, and for any liability issues that could take place on the premises. However, what kind of insurance do you need when your shop is online? If you run an online business, here are some of the essential insurance policies you cannot overlook.

Cyber Insurance

As an online business owner, one of the most serious risks your company faces is the risk of a data breach. Luckily, having the right cyber insurance in place can help you mitigate this risk. This type of insurance provides coverage for the legal fees and expenses that your company might encounter if your customers decide to sue following a data breach. Additionally, cyber insurance offers coverage for notifying customers about the data breach, restoring personal identities of affected customers, recovering compromised data, and repairing computer systems.

Professional Liability Insurance

Also known at Errors and Omissions Insurance, professional liability insurance will cover you if you make a mistake in rendering your professional services. For instance, imagine that your company makes a professional recommendation for a client. If this advice negatively affects a client, they may decide to sue your company for negligence. In this case, professional liability insurance would cover your legal defense costs and the cost of settlement if necessary.

Product Liability Insurance

Finally, if your business sells goods, then you need to invest in product liability insurance. This type of policy provides coverage in the event that one of the products that your company sells causes bodily injury, illness, property damage, or so on. This insurance also provides coverage if your company is accused of improperly marketing a product that they sell and distribute.

If you run an online business, then these are some of the commercial coverages that you cannot afford to overlook.  Need additional help finding the right policies to fit your business’s unique needs?  Then don’t hesitate to contact the experts at Miller Carlisle Insurance Services.  We are ready to assist you with all your coverage needs today.

Avoid These Bad Business Habits

Avoiding these habits can benefit your business and your health.Avoid These Bad Business Habits

As a business owner, there’s a lot on your plate. However, getting too stressed and overwhelmed can be a detriment to both your business and your overall health. If you want to run your business more efficiently while still taking care of yourself, then here are some of the bad business habits that you should avoid.

Dropping Everything for Your Clients

While your clients’ satisfaction is undoubtedly important, it’s neither efficient nor heathy to wait at their beck and call. Rather than being constantly available to address your clients’ whims, you should set aside a chunk of time every day to care for your clients. This will allow you to meet your client’s needs without pushing aside important work to do so.

Being Disorganized

In the world of business, time is money. This means that the time you spend looking for a specific email or searching for a client’s contact information is money lost for your company. To make matters worse, working in a disorganized environment can also increase feelings of anxiety. The best way to save time and reduce stress is by implementing organizational protocols and making sure that you actually stick to them.

Packing Your Schedule

While you want to get as much work done as possible, your ambition can actually prevent you from getting things done. When your schedule is packed to full capacity, you tend to rush, making you more likely to make mistakes and produce work of subpar quality. Rather than overcrowding your schedule, it’s much more efficient and healthy to take on a smaller amount of work that you can actually complete to the best of your abilities.

These are some of the bad business habits that you should avoid for the sake of your business’s success and your overall health.  Want another way to take care of your business?  Then make sure you have the proper business insurance protections in place.  To find the right policies to meet your needs, contact the experts at Miller Carlisle Insurance Services.  Our dedicated team is ready to get you the coverage that you need today.

Tips for Growing an Established Business

Try out these suggestions to help your business expand.Tips for Growing an Established Business

If your business is already established, expansion might not be the first thing on your mind. However, it’s important to remember that the competitive business world tends to reward companies that are constantly looking to grow and evolve. Here are some suggestions to help your established business expand.

Rebrand

If your company already has brand recognition, the idea of rebranding might seem crazy. However, for your business to expand, it’s important that your brand image accurately represents your company. If you find that your brand no longer fits, then its time to consider rebranding your business.

Listen to Your Customers

If you want to expand by offering new products and services, then turn to your customer base for advice. As your customers have likely been with your company for a while, they will be able to tell you where your business is lacking. By offering the things that your customers want, your business can grow in a way that provides value to your clients.

Seek Useful Partnerships

If your business simply does not have the resources to offer what your clients want, then look for a company that does. By partnering with another company, you can create a relationship that’s beneficial on all fronts. Both companies will benefit from increased business, and the customer base of each company will benefit from having access to an extended number of products or services. This is a great way to expand your business without having to invest too many additional resources.

Try out these suggestions to help your established business expand.  Want another way to set your business up for success?  Then make sure you have it covered by the right commercial coverages.  To find the right policies to meet your needs, contact the experts at Miller Carlisle Insurance Services.  We are ready to get you covered today.