Managing Your Commercial Insurance Plan - Berger & O'Neal Insurance

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Managing Your Commercial Insurance Plan

You can take some basic steps to help manage your insurance plan - and thus, premiums. The following list includes only a few helpful steps. Consult with Berger & O'Neal Insurance and loss control representative to learn more about containing insurance costs.

General Considerations

Increase your deductibles
Establish a safety program
Implement and maintain professional loss control recommendations
Notify your insurer as soon as you learn of a loss

Property Protection

Keep your workplace clean and orderly
Carefully store all combustible products and equipment
Make sure all fire extinguishers are accessible and in good condition
Establish emergency procedures and conduct employee drills
Install a sprinkler system at your workplace and inspect it regularly

Automobile Protection

Review the motor vehicle reports (MVRs) of your drivers annually
Establish fleet safety and fleet maintenance programs

Employee Workers' Compensation

Maintain accurate records of payroll divisions
Maintain an accurate OSHA log
Carefully review and track the progress of all Workers' Compensation claims
Implement an occupational injury management program to help bring injured employees back to work quickly