RBN’S WEEKLY INSIGHT

• General Liability insurance protects commercial clients from common third-party claims. Choose appropriate policy limits and consider an umbrella policy for extra coverage. Review your policy regularly to ensure it matches your evolving business needs.

  TIP OF THE WEEK 7/29

• “Slip and fall” claims are common for many retail businesses. In addition to providing signage and maintaining your property to reduce the risk that someone may be injured on your premises, you should have a detailed post-accident procedure to ensure the person gets the right attention and to document what happened.

  TIP OF THE WEEK 7/22

• When you have contractors working at your site, you can mitigate your risk by requiring them to indemnify you for any claims arising from their work. You should require proof of insurance, additional insured status on their policies, and a waiver of subrogation for workers’ compensation claims.

  TIP OF THE WEEK 7/15

• Check whether your deductibles apply on a “per claim” or “per occurrence” basis. If multiple parties make claims against you because of the same event, a “per occurrence” deductible will mean lower out of pocket costs.

  TIP OF THE WEEK 7/8