Accidents may be unavoidable but it is possible for small business owners to prevent these accidents from turning into disasters. You’ll want to be especially careful if you own a janitorial or custodial business. Otherwise, you may end up paying a heavy price.
Consider data (PDF) compiled by small business liability insurance company, InsuranceBee. It shows slips, trips and falls make up 10 percent of all small business claims, with an average payout of $20,000.
What’s more, if a third-party is injured, the average liability awarded is between $60,000 and $100,000.
How to Prevent Simple Accidents from Dooming Your Cleaning or Janitorial Business
Posted by lyceum under ManagementFrom https://smallbiztrends.com 2546 days ago
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