Manufacturers Need Insurance for Product Liability

Needham Insurance Agent

Manufacturing companies create products for many different industries, both locally and across the US. Retailers and wholesale companies rely on you to provide them with items that have been properly tested and deemed safe for public use. Items that lead to injuries or create hazards can cause great concern in this litigious society in which we live. The fact is, companies cannot escape being sued for producing faulty products. A business is always vulnerable to the possibility of a lawsuit.

Its important to know just what you could be found liable for and what product design standards need to be met. How rigorously do you test your products before making them available to wholesalers? What are the risks, if any, involved in packaging and what is the effect of product service on liability? Defenses available in a liability suit include any knowledge that confirms the safety of any product produced and product liability coverage from a Needham Insurance Agent.

Defect issues can often plague a manufacturer

Products may be deemed unsafe for any number of reasons. It could be due to a lack of proper testing, or it could simply have defects that prevent it from performing its necessary functions. For most companies there are ways to reduce the likelihood of facing a product liability lawsuit, along with the odds of losing one.

Your company cant be held liable unless there’s a defect in your product, therefore you must strive to reach the goal of no defective parts, as this is the key to steering clear of ruinous claims. You should have a department whose job it is to target and eliminate those defects that can cause injuries.

Defendants in litigation are often caught by surprise by the product characteristics courts identify as defects. They will be held responsible even if those defects show up somewhere else in the distribution chain.

A good gauge to use in your quest to eliminate or limit any risk is to examine the design of your products and surmise what could possibly go wrong when someone attempts to use it. This can go a long way towards helping you to understand how, perhaps, your product should have been designed.

Zero defects, is probably an unachievable goal, although that’s how high you should aim. In the meantime, secure your organization with product liability coverage from a Needham Insurance Agent so that you have the capability to defend a claim.


Coverage You Can Expect From Pet Liability Insurance

dog liability insurance in Florida

If you own a dog, you need pet liability coverage. Your dog liability insurance in Florida can cover the exorbitant costs of legal fees and damages awarded if your dog happens to attack or bite someone. It can also cover any additional insureds that you add to your policy.

Pet liability insurance covers a wide variety of acts committed by your canine friend. If your dog bites or scratches a person or causes bodily harm to another animal, you may be sued. Dog liability insurance handles the legal fees for claims made against your pet. It also may cover the medical or vet bills to take care of injuries your pet causes. If your landlord or employer is added to your policy, they are covered as well. Most rental or home insurance policies don’t cover acts of pets, so it’s important to purchase additional coverage.

Out-of-pocket costs for a dog attack can be expensive. Responsible dog owners know that proper training is not enough. No matter how well an animal is trained to withstand stresses, accidents occasionally happen. When they do, dog liability insurance in Florida can protect everyone involved. It protects the owner and additional insureds from expenses, and it give the victims of the attack the resources to be made whole again.

Make Screening of Applicants A Priority

staffing agencies

Temporary staffing agencies were designed to help outside businesses fill positions within their companies, often for a short period of time. Staffing agencies need to provide insurance in the event that damages or an injury occurs, among other concerns. And they must do everything in their power to facilitate their clients while protecting their work force.

Clients rely on the talents and services of temp workers, so a temp agency must maintain a large enough talent pool to serve the staffing needs of its demographic. The types of temporary positions have evolved, so in addition to the need for basic clerks or office support staff, many agencies provide highly trained or educated professionals as well.

This includes accountants, physicians and even computer programmers. A temp agency must carefully study and understand the different staffing needs in their area and recruit and retain the best-qualified temp workers. To counter any mistakes, especially where professional help is being provided, youll need staffing insurance to address a myriad of concerns.

Applicant dishonesty among primary concerns

Successful temp agencies take the time and expense necessary to adequately screen new candidates. This in an vital step in maintaining qualified applicants in order to assure clients that those coming from the agency are competent and can fill in without a lot of additional training to help get the job done.

The temporary staff becomes the means by which an agency is evaluated and desperate applicants may actually lie about certain skills and experience in hopes of securing a higher pay scale or landing near the top of the talent pool list. To protect themselves, temp agencies must go above and beyond in conducting an interview.

Office support should be properly tested on their typing ability and computer skills. Interviews should ensure the knowledge of procedures and proof of any training for anyone considered for medical or other highly trained fields. This should be supported with documented proof.

Any recommendations and/or references should be thoroughly checked and verified, and previous employers should be contacted to validate work history, an often time-consuming process, and also one that is easily overlooked especially in times of high demand. But sending under-qualified workers to a client could prove even more costly. Not doing due diligence can lead to a lawsuit, another important aspect of having staff insurance in place at all times.


Where To Find the Right Insurance for Your Agency

E and O insurance for an insurance agency

Finding the right E and O insurance for an insurance agency is a tricky thing that needs to factor in what kinds of clients you have, how big your agency is and much more. Without the right errors and omissions insurance, you could have to pay any damages you are found liable for out of your own pocket.

Like other forms of insurance, you can find errors and omissions coverage in markets catering to the insurance agencies and the coverages they need. These insurance plans can include everything from general liability on the building and agents to more specific plans for the industries you serve. For instance, agents who work with construction agencies are likely to face damages resulting from materials failure, labor disputes and more while agents who work with medical professionals are likely to face damages resulting from malpractice suits. If a judge decides that part of the damages your client has had to pay result from errors or omissions on your part, then you will need to pay a portion of those damages as determined by the court.

When you are looking for E and O insurance for an insurance agency, it is important to keep in mind that the risks your clients face are also the ones you do. This means that if you work with higher risk clients, your errors and omissions coverage will need to be higher than if you are working with relatively low risk industries.

Keeping Your Home Safe with House Insurance

Glen Rock house insurance

Keeping your home and family safe is probably the most important thing you can do. Step one is to make sure you have excellent homeowners insurance. A Glen Rock house insurance professional can work with you to determine exactly what you need to keep you and your home protected. You wont have to worry about damage to your house or other structures on your property your policy will cover that. You wont have to worry about your valuables your policy will cover those. You wont have to be concerned about your swimming pool or about someone having an accident while in your home — an excellent insurance policy will keep you covered in the event of a lawsuit. Your homeowners insurance will also provide much-needed funds in case a fire keeps you out of your home and needing a hotel stay.

If you have a swimming pool on your property or many valuables in your home, you may need additional coverage. A Glen Rock house insurance professional will help to determine this. He or she will also tell you how a standard policy can be further strengthened by add-ons features that include Inflation Guard Coverage, Expanded Credit Card Theft, Forgery Coverage, Extended Replacement Cost Coverage and Broadened Theft Protection Coverage.

Boating Safety Includes Accident Prevention

Newport beach boat insurance

Owners of recreational boats are required by federal law to register their vessels, much like an automobile. Should an accident occur on a recreational boat it must be reported to the Coast Guard whenever there is a fatality, or if someone is seriously injured and requires medical treatment. Also, if damage to the boat or other property exceeds $2,000.00, the boat is lost, or a person disappears from the boat.

From 2015 to 2016, deaths increased 12 percent from 626 to 701, injuries increased 11.1 percent from 2,613 to 2,903, and the total number of accidents increased 7.3 percent from 4,158 to 4,463. Many of these recorded incidents could have possibly been prevented with better safety training. Local boat owners should also carry Newport beach boat insurance to address concerns related to injuries or damage to watercraft.

Coast Guard cites more education about boating is needed

The boating safety community should view these statistics as a stark reminder of the importance of boating safety education, said Capt. Scott Johnson, Chief of the Office of Auxiliary and Boating Safety at Coast Guard Headquarters.

We are committed to providing boaters with resources including boating safety classes and vessel safety checks. One person lost or injured to a preventable boating accident is one too many so we encourage the boating public to use these educational resources as a means to prevent accidents.”

Alcohol often contributes to deaths and injuries

Research has shown that alcohol, combined with typical boating conditions such as motion, vibration, engine noise, sun, wind and even spray can impair a person’s abilities much faster than alcohol consumption on land. Boats operated by persons with a blood alcohol concentration (BAC) above 0.10 percent are estimated to be more than 10 times more likely to be killed in a boating accident than boat operators with zero BAC.

Alcohol is often a factor in boating deaths, and was the leading known contributing factor in fatal boating accidents, listed as the leading factor in 15 percent of deaths during this same period. Other factors were operator inattention, and operator inexperience.

Deaths and injuries can be greatly reduced by making sure that any person operating a boat is not doing so under the influence of drugs or alcohol, is an experienced driver (or has someone with experience supervising them), and is giving the task of maneuvering the vessel through water and past obstacles their undivided attention. Make safety a priority, but only Newport beach boat insurance will aid owners when a situation requires financial restitution.


How a 20 pay Life Insurance Plan Works

20 pay whole life

When shopping for life insurance you may have seen options for a 20 pay whole life policy. With the various plan options out there you may be wondering what makes a 20 pay policy different. Keep reading to learn a bit more about how these work.

Most 20 pay policies include the same coverage as your typical traditional life insurance plan. In both cases you choose the right plan for your needs, pay the premiums until the plan is paid, and when your death occurs your beneficiaries receive the payment. The difference in a 20 pay plan is that the premiums are set to be paid off in 20 years instead of over a whole life time. This means that your payments could be a little higher depending on the plan, but after twenty years the plan has been paid in full and the coverage remains. Like any insurance policy terms may vary depending on which plan you choose.

If you’re considering a 20 pay whole life insurance policy you can rest easy knowing you’ll get the same great coverage as many traditional plans. The big difference is mostly in how the premium payment schedule is set up. If you have any questions your life insurance agent should be able to help.

How Building Property Coverage can Protect Your Business

Columbus building property coverage

Finding the right real estate for your business can be a stressful endeavor, but you shouldnt relax once youve found the right building. Owners and renters alike can further protect their businesses by finding the right insurance coverage. The right insurance agent can help assess your current policies if you have one, or they can find you a new plan to make sure you have the coverage to protect the various areas of your company. Things like theft, fire and accidents can threaten your inventory and equipment, so if you live in Columbus, building property coverage can help protect your business.

There are many factors that go into creating your policy, like the size of the property and location. You may have areas of coverage in mind, but an insurance agent can help you cover areas you didnt think of or didnt know to protect. Damage to your property or equipment can impact your business operations, so you may want to be covered for lost income and the expenses youll still have to pay. In this time, your stock could be also be ruined, further impacting your ability to do business. If you run a business in Columbus, building property coverage from a trusted agent can help get your operations running smoothly again.

What Can a Business Owners Insurance Policy Do for You?

Business Owners Policy in Carmel

Your business is your livelihood. Youve invested time and money into building networks and a client base. You want to make sure that all your hard work is protected from any curve balls life throws at you. When you get a Business Owners Policy in Carmel, youre protecting your business and your future.

A Business Owners Policy offers a variety of coverage, including exterior structures, signage, equipment breakdown, and even specialty items. Property insurance is also available, and covers not only the buildings and contents owned by your business, but others personal property residing on your premises. If your business includes a mobile property component, you may be able to extend your Property insurance to over that as well.

Another key component of Property insurance is Business Interruption insurance, which covers ongoing expenses during a business shut down caused by a covered loss. This means that bills such as payroll and utilities will continued to be paid even as you rebuild, which is vital to keeping your business from falling behind and possibly into financial hardship.

Unfortunately, there are a number of factors that can cause loss to a business, many of which its impossible to plan for or prevent. However, with Business Owners Policy in Carmel, you can protect against the unexpected and keep your business running without missing a step.

Why Home Health Care Liability Coverages Are Important

home health care liability wholesaler

Home health care is the preferred alternative for patients with some independence who need help with certain aspects of their life and wish to remain in the comfort of their own home. Insurance coverage for home health care providers protects both workers and patients from unplanned for issues. Here is a look at the important care home health providers offer and how coverage from a home health care liability wholesaler can help.

Home health care providers handle certain day-to-day activities such as physical therapy, nursing care, cooking meals, bathing and dressing, cleaning house and companionship. All of these important care aspects house potential pitfalls in the form of accidents, negligence, fraud and false accusations.

A home health care liability wholesaler with decades of experience insuring home care professionals knows how to handle common and uncommon issues. Some of these include work-related automobile accidents and worker’s compensation. A good insurance company can also provide easy payment plans, flexible coverage options and claims for both admitted and non-admitted cases.

Home health care is an important part of making those with limited mobility or mental disabilities feel a measure of independence in their own home. So a provider of this type can continue working, insurance coverage is necessary. Providers choosing to cover a wide range of issues experience less risk of financial penalties.