TUESDAY, DECEMBER 2, 2014
 It's the responsibility of business managers and owners to make sure their employees are safe and taken care of. That means providing a safe work environment and making sure all necessary actions are taken to reduce the chance of an accident.
No matter how proactive a manager or boss can be, accidents do happen in the workplace. It's important for businesses to have liability insurance or legal costs could become too much to handle.
Commercial General Liability
Commercial general liability insurance is the common defense of businesses against any sort of legal action. It's an important part of property insurance that protects against claims for any type of accident that takes place on work property. This can cover bodily injury, property damage and all legal costs that come along with that.
If an employee slips and falls at work, there's all sorts of dominoes that could topple over and hurt a business. First, there's a lengthy investigation and legal defense. Then, if the employee wins the case, damages could be awarded. In the end, a tiny accident can cost a business hundreds of thousands of dollars. That's tough to swallow for small and medium-sized businesses.
Business liability insurance will protect against these scenarios and make sure a business isn't bankrupted by deal with legal fees.
What May Not Be Covered
This liability insurance is crucial, but it doesn't cover everything under a standard policy. It may be needed to purchase additional coverage in addition to a standard policy. There are things that need additional coverage such as employment practices liability, which covers the legal defense cost, and medical expenses coverage, which pays the healthcare costs of hurt or injuries employees if the injuries are a result from the work place.
There are lots of different scenarios out there. Let one of our agents help you figure out what's best for you. Call Northside Insurance Agency at (813) 960-5225 for more information on Tampa business insurance.
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