Protecting the company is a critical component of any business owner’s daily routine. Whether consciously thinking of business protection or not, each daily action taken by a business leader impacts the safety of the business, employees and customers.Personal injury claims can have a detrimental impact on a company’s financial security and future – especially for small businesses. As a personal injury firm, there are five common mistakes our team sees business owners make that increase the chance of a personal injury claim against the company. These include:
- Cutting corners on a safe working environment
- Launching fleets of company cars without consideration of risk
- Overlooking routine property maintenance and upkeep
- Ignoring the importance of training
- Cutting corners on insurance coverage
Cutting corners on a safe working environment
Workers’ compensation is the most common type of personal injury claim seen at our personal injury law firm. Having a safe work environment is in everyone’s best interest. For employees, it means less risk of becoming injured and missing work. For business owners, not only does a safe work environment protect their employees, but it also positively impacts their workers’ compensation insurance rates.
How? These rates are risk related. The more instances of workers’ compensation claims a company has or the longer an employee is out of work due to a claim, the higher the insurance rate. Insurance cost and overhead are directly linked to the number of injuries that occur on the job. Remember, what is best for employees is also best for the company’s budget.
Launching fleets of company cars without consideration of riskCompanies that have a fleet of vehicles have a higher risk of personal injury liability. A business may offer a company car as a perk or have a fleet of vehicles to conduct the daily operations of the business. Regardless of the reasoning, having company vehicles increases risk and liability. For instance, if an employee is driving a company car and on the way home decides to stop for a drink, the business may be liable for anything that happens next. Although that employee is “off the clock,” they are now driving home impaired in a company vehicle and the company may be liable for any injuries caused.
Overlooking routine property maintenance and upkeepPremises liability is the second most common personal injury claim seen by our team. When business owners are not proactive about property safety, they put themselves at risk for an injury to take place (or see their insurance rates increase because they are viewed as high risk). Not removing trip hazards from sidewalks or entry ways, not performing routine building maintenance, or not practicing responsible snow removal all demonstrate that the company may be a higher risk to the insurance company.
Ignoring the importance of trainingIt’s important for businesses to offer training and educational opportunities for employees to help them perform their jobs safely. This training helps protect employees and demonstrates the company’s dedication to a safe work environment. From tips on lifting to how to handle equipment, ongoing education can make a big impact and set a precedent.
Cutting corners on insurance coverageBusiness owners need to understand their insurance coverage and how it impacts their business both at the office and on the road (when company vehicles are available for employees). Understanding insurance coverage is a critical step in being prepared for unforeseen accidents and injuries.
Businesses that make these common mistakes may put themselves at higher probability of personal injury claims from both employees and customers. Remember, the best protection for all businesses, employees and customers, is to be proactive when it comes to safety.
If you or a loved one are injured, whether due to a workplace accident or a personal injury caused by other means, reach out immediately for medical help, and get an experienced accident attorney on your side to protect your rights. Reach out to Dale E. Anstine today to learn more. With offices in York and Gettysburg, our team is proud to protect the injured across the Central Pennsylvania community. Consultations are always free, we’re available 24/7, and there’s no fee unless we win for you.