Archives June 2014

What Types of Staffing Companies Benefit From Staffing Insurance?

There are many different types of staffing agencies out there. So which ones will benefit the most from staffing insurance? The truth is that most of them will. Whether you run a small staffing business or a large one, chances are that insurance will be a huge benefit to your company. The following is just a small sampling of the types of firms placing professionals, blue-collar workers, and white-collar workers, that can benefit from an insurance policy specifically designed for the staffing industry.

 

  • Administrative service organizations
  • Consulting services, which include resume writing services, human resources, and more
  • Direct hire companies, such as actual employment agencies
  • Managed service providers
  • Payroll services
  • Professional employer organizations
  • Temporary placements
  • Vendor management systems

 

Whether you run a large employment agency, striving to help others find permanent work, or if you place your clients with temporary positions, there is a need for staffing insurance. Your company faces many risks each day including injuries, theft, auto accidents, and so much more. Ensure that you, your direct employees, and those who you help find jobs are protected properly with the right kind of insurance coverage.

 

For more information about staffing insurance, speak to your insurance provider today. They can help you identify risks in order to put together the most comprehensive package available in the industry.

What Is the Purpose of Higher Education Insurance?

Higher education insurance is a unique type of insurance designed specifically for institutions of higher learning. It can cover public schools, private and charter schools, and schools for those with special needs. Coverage generally includes options for generally liability, abuse and molestation, property, educator legal liability, and more.

Higher education insurance is a unique type of insurance designed specifically for institutions of higher learning. It can cover public schools, private and charter schools, and schools for those with special needs. Coverage generally includes options for generally liability, abuse and molestation, property, educator legal liability, and more.

 

How Lawsuits Harm Schools

 

The main purpose of higher education insurance is to protect schools from becoming liable for legal and financial repercussions due to situations that occur on their school’s property.  For example, if a student brought a lawsuit before a school stating that they were expelled for discriminatory reasons and not due to a violation of the student code of conduct, the school would be liable to pay for damages and the costs of legal assistance if they did not have insurance.

 

Lawsuits made against an educational institution can not only harm them financially, but also hurt their reputation as a beneficial place to attend school.

 

Calculating Risk

 

Just like with life, auto, and homeowner’s insurance, the insurance premiums schools are required to pay are based upon risk. This amount is generally calculated using a culmination of several different factors which may include the school’s location, how many students attend, what safeguards are in place for students, and more. Educational institutions that do not already have an insurance policy for their school should make it a priority to obtain coverage to protect themselves from risk.

 

photo credit: ali eminov cc

How Your Staffing Agency Would Benefit From Insurance

As a staffing agency, you are part of a powerful and burgeoning industry. In 2011, it was estimated that the staffing industry employed nearly 3 million people across the country. However, there are some particular challenges that staffing agencies face when it comes to liability that are unique to this field. Here are some reasons to acquire staffing agency insurance to protect your business.

 

High Volume of New People Coming Through Your Doors

 

Part of your role is to recruit, interview, and send out as many new people as possible to waiting clients. You will be interacting with potentially hundreds of new people per day, all of them who are passing through your office. While it’s important to maintain strong standards for following legal policies, this becomes more difficult when you interact with greater numbers of people. With this high volume of daily, new interactions in your office space, your legal liability also becomes even greater. This liability could be related to physical accidents, employment discrimination or a variety of other factors.

 

The Right Insurance Lowers Your Increased Liability

 

Acquiring the right insurance for your staffing agency can help lower your liability and protect you in the case of a lawsuit. No matter how strong your standards are for following legal protocol, it’s impossible to follow every policy, in every situation, with this many people streaming through your doors. Having the right insurance is a smart way to cover your bases and minimize your legal risks.

 

One of the joys of working in the staffing industry is meeting many new people on a constant basis.  Having the appropriate staffing agency insurance ensures you can do so with peace of mind, rather than with anxiety about any potential legal issues.

3 Reasons to Purchase Renters Insurance

Whether you rent a small studio apartment on a month-to-month basis or have a long-term lease on a spacious 3-bedroom home, you can benefit from renters insurance. Here are three reasons why every tenant should think of renters insurance in NJ as an investment rather than an expense and purchase a policy.

 

  •        Your possessions aren’t covered by your landlord’s policy.

 

A common misconception among renters is that their landlord’s insurance policy covers everything inside the rental unit. Typically, however, a landlord policy only covers physical property damage. If you are a victim of a fire, robbery or other incident, renters insurance in NJ protects you from financial loss and allows you to replace your possessions.

 

  •        Everything in your home is covered.

 

Many people don’t think that their belongings are valuable enough to warrant the expense of renters insurance, but chances are the replacement cost of your television alone is worth the cost. What’s more, this type of insurance covers everything in your home, not just expensive electronics or valuable jewelry. Appliances, bedding, bikes, clothing, cookware, furniture and more are covered. One look around your home and you will quickly see just how much you could lose if these things are damaged or stolen.

 

  •        Things outside of your home may also be covered.

 

Certain policies extend beyond your home and also cover possessions in your automobile or losses while on vacation. When shopping around for renters insurance in NJ, be sure to inquire if the policy includes additional theft or hazard coverage.

Contactors and Construction Insurance

It doesn’t matter if you’re a contractor or subcontractor, it’s vital that you make sure that you have the proper contractor and construction insurance in New York. Not only is contractor and construction insurance an essential part of the business, having it can mean the difference in losing a job and winning a job.

It doesn’t matter if you’re a contractor or subcontractor, it’s vital that you make sure that you have the proper contractor and construction insurance in New York. Not only is contractor and construction insurance an essential part of the business, having it can mean the difference in losing a job and winning a job.

Contractor’s Insurance

Anyone who contracts services to others should have contractor coverage. This type of coverage is required when contracting services to the city, state or federal government. Not only that, but it’s usually required by all private entities from contractors.

Essentially, contractor insurance is a form of protection for everyone who is involved in a contract. The individual or group that hired the contractor has the reassurance that any injury or damage that results from the contractor’s work will be taken care of with the insurance policy. The contractor also has the reassurance of knowing that they won’t be legally responsible for any injury or damage claims. Not only that, but they are also protected in the event that they are hit with a lawsuit.

Exceptions

Something to take note of with contractor and construction insurance in New York is that is doesn’t provide protection for deliberate negligent acts or errors. Any contractor who has a consistent past of negligent acts will more than likely have a hard time convincing an insurance company to cover them.

Insurance is simply something that we’d all rather not pay for, but will undoubtedly appreciate when we have it, and that’s especially true in the construction business.

 

photo credit: dkshots cc

Understand Your Putnam Connecticut Homeowners Insurance Policy to Ensure Proper Coverage

Few things are more devastating than finding out too late that you do not have the Putnam Connecticut homeowners insurance protection you thought you did. J.D. Power and Associates found that 50% of US homeowners do not understand their insurance policies. There is more to insurance than paying the premium. You must understand what you are purchasing in order to make a wise decision about the adequacy of your coverage.

 

Ask for Help

 

There is no shame in asking for help from your Putnam Connecticut homeowners insurance agent. Good insurance companies make themselves available to answer your questions by phone, online chat, or email. In order to make the most of the assistance you receive:

 

  • Read your policy carefully, making a list of questions

 

  • Understand the most common disaster threats in Putnam and search your policy for mention of coverage

 

  • Contact customer service to ask your questions and to specifically inquire about disaster coverage

 

  • Update or amend your policy as needed

 

Evaluate Your Policy Now

 

The best way to ensure that you are prepared for small and large problems is to know your Putnam Connecticut homeowners insurance policy. Do not put off evaluating your coverage details, and do not make the mistake of assuming all insurance plans are the same. Changes in your policy that give you adequate coverage will likely make only a slight difference in your premium, but these changes allow you to face disaster with the confidence that you can quickly get back on your feet.

Reasons to Consider Commercial Laundry Insurance

Those who own dry cleaning businesses or other commercial laundry facilities need more than just the basic insurance coverage used by many other businesses. Commercial launderers insurance can be customized for a specific business in order to provide the best service for the owner.

Small business owners need all of the added protection that they can get. Those who own dry cleaning businesses or other commercial laundry facilities need more than just the basic insurance coverage used by many other businesses. Commercial launderers insurance can be customized for a specific business in order to provide the best service for the owner. If you run your own dry cleaning business, here are some reasons that you may need insurance.

 

Fill the Gaps

 

General insurance is not enough to protect a commercial laundry business. There are often many gaps in coverage that could be filled with the right commercial launderers insurance. Because you deal with customers’ goods, you need coverage that ensures that you are covered in the case of a lost or misplaced item. Some of the most important specialized coverage options for dry cleaners include:

 

  • Box storage
  • Workers compensation
  • Boiler and machinery coverage
  • Business vehicles
  • Mysterious disappearance

 

Without the addition of these options to your insurance policy you could end up in a lurch due to malfunctioning equipment, an injured employee, or an unhappy customer.

 

Customized Coverage

 

Relying on a basic insurance policy is a risk that most small business owners cannot take. With a customized commercial launderers insurance plan, you are better able to have peace of mind about the security of your investment.

photo credit: stevec77 cc

Finding the Right Excess Workers Compensation Provider for Your Business

When you decide to self-insure your employees with excess workers compensation, there is one major decision that needs to be made. You need to decide where you want to get this insurance. Choosing the right insurance service is an incredibly important step.

When you decide to self-insure your employees with excess workers compensation, there is one major decision that needs to be made. You need to decide where you want to get this insurance. Choosing the right insurance service is an incredibly important step. How do you choose which service provider to use?

 

Quotes

 

Any insurance provider is going to offer quotes. The important thing to look for is the how quickly they provide their quotes. You will want to gather a few different quotes quickly in order to insure your employees for the best price as soon as possible. The last thing any employer wants to do is sit around waiting for their quotes to be ready or potentially miss out on a deal because the quote took too long.

 

Risk Management

 

Finding an insurance provider that offers excellent risk management is important. Risk management is a process through which the provider assesses the potential for injury in your business. If a provider has excellent experience with managing risk, they will be able to provide you with the most accurate quotes.

 

Marketplace Leverage

 

Another thing to look for in your pursuit is marketplace leverage. If the provider you choose is capable of leveraging the marketplace, they will be able to provide you with better prices for their insurance policies.

 

Choosing the right provider for your excess workers compensation can be difficult, but having the ideal provider can be incredibly rewarding. Looking into a few key subjects will make your search easier.

 

photo credit: BC Gov Photos cc

Handling Dog Bite Liability Issues With Effective Coverage

As insurance plans continue to evolve and become ever more refined, many pet owners are finding that homeowner’s and renter’s insurance plans either leave out or severely restrict coverage for dog bite liability issues. From very low limits that often do not cover the cost of injury treatments to plans that specifically exclude certain breeds, finding a custom plan for canine coverage is becoming more and more common. In addition to forgoing blanket breed restrictions, such plans take into account a variety of factors when calculating premium costs, making it easier than ever for conscientious pet owners to protect themselves against expensive claims.

 

A Nuanced Approach to Assessing Risk

 

Unlike conventional plans that have sweeping restrictions on specific breeds, specialized canine insurance takes a variety of factors into account when calculating risk. Up-to-date veterinary care, safe, dog-friendly enclosures, and evidence for good socialization can all be taken into consideration under such plans, providing far more flexibility and peace of mind for responsible pet owners.

 

Consistent Coverage and Lower Premium Prices

 

Insurance providers who can provide coverage based on behavior and environment rather than breed alone are also able to offer dog owners consistently lower premium prices. With more and more general coverage plans restricting or excluding dog bite liability payments, it may be time for your family to consider looking into these specialized low-cost plans.