3 Ways To Protect Your Business From Personal Injury Claims



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As a business owner, there are a lot of different things that you always need to be on the ready for. From a dip in your sales to an employee suddenly quitting, it’s important that you’ve taken steps to prepare yourself and your organization for many worst case scenarios. As part of this, you should have some sort of plan for how you’ll handle a lawsuit getting brought against your business, especially one involving a personal injury claim that happened on your property or as a result of your product or service. So to help keep something like this from destroying your business, here are three ways you can protect your company from a personal injury claim.

Get General Liability Insurance Coverage

If you don’t currently have general liability insurance coverage, you should make getting this type of insurance coverage an immediate priority. According to Donna Fuscaldo, a contributor to Fox Business, general liability insurance coverage can help when things like damage to property or bodily harm come to someone either on your property or in relation to your business. With this type of insurance, you’ll be covered financially in many different ways over the course of the claim, so you won’t have to worry so much about a personal injury claim bankrupting your small business.

Work With A Good Attorney

In addition to having good general liability insurance, or another type of liability insurance that might be more specialized for your area of work, you should also have a good attorney that you can work with if and when you need to. According to Brian Beers, a contributor to Investopedia.com, it’s smart to try to find an attorney who’s familiar with the area you live in and the local laws applied there. Also, it’s best if you can work with the same attorney for the majority of your potential legal issues so he or she can come at your case with a solid knowledge and understanding of your business.

Mitigate The Possibility Of Accidents Taking Place

Once you have the protections in place that were mentioned above, Ben Lobel, a contributor to SmallBusiness.co.uk, recommends that you now make it a priority to mitigate the possibility of accidents taking place on the property of your business or as a result of your products or services. By doing everything in your power to keep both your employees and your customers or clients safe, you should be able to stop personal injury claims before they even happen. While this might require you to spend some time, money, and attention on areas that you otherwise would have overlooked, this could save you in the long run.

If you own your own business, consider using the tips mentioned above to help you learn how you can protect your business from personal injury claims or lawsuits.

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