The Risks of Operating a Valet Service

Posted on March 25, 2021October 7, 2021Categories Risk Management Plan, Risk Policies

While valet parking options give your business a boost in the customer service department, there are liabilities associated with the service that can hurt your company. Many people are willing to pay extra to avoid the stress of finding a parking space or avoiding a long walk in the rain, but to give them these perks, you will pay extra by way of legal claims for accidents, theft or vandalism. You can combat these financial threats through insurance, but you … Continue reading “The Risks of Operating a Valet Service”

Essential Risk Policies for Builders

Posted on February 9, 2021October 7, 2021Categories Risk PoliciesTags , , , ,

Builders understand the risks inherent in their line of work. What they may not realize is that there are two types of coverage necessary to protect against the many risks they face. Builders Risk Coverage A builder’s risk policy covers the contractor’s equipment and property, along with the materials utilized during the construction process. Coverage includes damages caused by such things as: Vandalism and external theft Fires Explosions Cars or other vehicles crashing into the contractor’s building Typical builder’s risk … Continue reading “Essential Risk Policies for Builders”