Managing a business means focusing on providing your employees with a good place to work, your customers with an excellent product or service and your bottom line with profits. Yet every day that you open your doors, you face risks that could limit the success of any of these areas. Business insurance is there to minimize many of these risks and to give you the support you need to move forward. However, there are ways to reduce your risks. Annual inspections can do that for you.
What Inspections Do You Perform?
Business insurance provides you with the coverage you need to keep your company operating. However, being proactive, rather than reactive, can significantly reduce the number of claims you have to make. These are a few inspections that can help.
#1: Have Your HVAC Inspected
Fires are a big concern when it comes to operating some businesses. Having a properly working HVAC can help to minimize these risks. Have a licensed professional inspect them at least once a year, usually before the high-use season (air conditioning in the spring, furnace in the fall).
#2: Your Roof Inspection
The roof is another common property risk. Having the right amount of insurance to protect your structure from risks such as hail storms is important. However, you also need to have a roof inspection to look for potential leaks and damage that may not be covered by your property insurance.
#3: Equipment Inspections are Essential
The equipment you use within your business operations is likely property that you count on. If, for example, your refrigeration system stops working, you may be able to get support from your business coverage. However, annual inspections minimize these risks.
#4: Fire Prevention Systems
Next, take a look at your fire prevention systems. This includes your extinguishers and kitchen fire systems. These should only be inspected and tested by a trained professional specializing in this area.
#5: Inspect Alarms
When it comes to keeping your business safe and minimizing risks, you also need protection from alarms. Whether it is a burglar alarm, smoke detectors or others, check these on a regular basis to ensure they are functioning properly.
When was the last time you updated these components at your business? It may be time to call a professional so you can reduce the risks of business insurance claims.
Protect your business’ interests. For more information on Denver business insurance or how you could save money with inspections fill out the short form below and one of our experts will be in touch!