If you’re running a business, you know how insurance can be a frustration or a lifesaver, depending on how well your coverage works for you. One of the best ways to keep your costs down so you get a better deal out of your liability and worker injury policies is to emphasize safety. This means more than just training a couple of times a year and making sure you stock up on eye and ear protection, but that’s a good start. It means building a culture of safety, where workers know the emphasis is on getting the job done right and without incident before getting it done fast.
Work With Your Insurer
If you have an accident prevention program in place, you might be able to get a better deal out of your insurance policy. Showing that you are going out of your way to minimize the risk of a forklift warehouse accident or other serious incident changes your insurer’s perception of your risks. That means it changes the way insurers like Hilb Group assess your risk and your cost of coverage along with it. There might be other specific ways you can save by showing you have invested in safety, but you will only know if you talk to someone about the options available for businesses like yours.