One of the most often overlooked, but vital coverages is Bailee’s coverage. Bailee’s coverage is vital for any business that has the property of others in their care, custody or control while preforming work for that customer. Under a standard general liability policy, customer’s property that is damaged or destroyed while in your care is excluded from the policy. Property insurance doesn’t provide coverage either as the policy isn’t intended to cover property you do not own. For restoration contractors, the only way to obtain coverage for this scenario is to purchase Bailee’s coverage. What is Bailee’s Customer’s Coverage? Bailee’s customer’s coverage is insurance protection against leg
Almost every employee working for a restoration company will do some sort of manual material handling. What many restoration contractors don’t think about is the likelihood of lower back injuries due to the awkward postures and repetitive movements involved. However, with some precaution many of these potential injuries can be avoided. Preventing Back Injures There are a number ways restoration contractors can help prevent back injuries to their employees: Workflow Adjustments. Poor planning can often result in needless and repeated handling of the same object. Eliminate Heavy Materials Handling. Consider using powered or mechanical handling systems as much as possible. Lift tables, conv
One of the most frequent, but least understood questions on almost every insurance application for restoration contractors is in regards to lockout/tagout procedures for a company. We thought we would use this post to define what a lockout/tagout procedure is and include some recommendations from OSHA on implementing a proper plan. Lockout/tagout procedures are designed to address the practices and procedures used to disable machinery and equipment to prevent the release of hazardous energy while employees perform servicing and maintenance activities. Employees servicing or maintaining machines or equipment may be exposed to serious physical harm or death if hazardous energy is not properly
Restoration contractors are often asked to add a waiver of subrogation to their workers compensation policy. Should you sign a waiver of subrogation? Before you can answer this question, you need to have a full understanding of the agreement you are about to make and how it could affect your workers’ compensation risk and any associated costs. What is a Waiver of Subrogation? A waiver of subrogation is an agreement to waive (give up) your work comp insurance carrier’s right to seek damages from another party. Why might this be important? Say your employee is working on a construction job site and is injured as a result of the negligence of your customer or a contractor from another company.
