As a small business owner, you probably have your hands full directing your business, supervising employees, managing logistics, selecting the right vendors, and dealing with customers.
Unless your small business is a law office, chances are that property liability is probably not at the top of your list…in fact, it may not even be on your list… but it should be!
Several studies across the insurance industry indicate that at least 40% of all small businesses will experience general or property liability claims within the next ten years. That’s nearly half of all small businesses!
As a small business owner, you need to be aware of potential liabilities, and how to prevent and mediate them.
Here are the top 10 risks and liabilities for small businesses:
When any of these claims arise, they can be costly.
As a small business owner, you need to take basic precautions to avoid claims and lawsuits. Here are some suggestions to get started:
Finally, as your business expands, so will your potential liabilities. It’s critical that you reassess and update your insurance policy as your business grows.
Putting the right insurance in place and establishing good policies and procedures in the workplace will position you to run a successful business!
Since 1990, Goldman & Daszkal, P.A. has provided reputable legal representation to people throughout the state of Florida. The firm has helped thousands of individuals recover compensation from motor vehicle and boating accidents, slip and fall accidents, product defect and liability cases, pharmacy errors, and negligent security cases to cover medical expenses, pay bills, take care of their families, and return to work. Goldman & Daszkal, P.A. can help you get the relief you need to start living your life again after a serious injury. For a free and confidential consultation, contact Goldman & Daszkal, P.A., at (954) 428-9333.
We serve the following localities: Coral Springs, Davie, Deerfield Beach, Fort Lauderdale, Hollywood, Lauderhill, Lighthouse Point, Miramar, Pembroke Pines, Plantation, Pompano Beach, Sunrise, Broward County, Boca Raton, Boynton Beach, Delray Beach, Palm Beach Gardens, Wellington, West Palm Beach, and Palm Beach County.
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