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3 Common Questions About Insuring Your Dump Truck

3 Common Questions About Insuring Your Dump Truck

There are unique safety and liability considerations to be made when operating a dump truck. Therefore, dump truck insurance is available exclusively to the operator of such a vehicle as a specialty line of truck insurance products. Source:

Due to the specialized nature of insurance products for dump trucks, you may have questions about insuring them. Here are answers to a few of the most common.

1. What Are the Different Types of Dump Trucks?

Most people are probably most familiar with the “end dump” configuration in which the back of the vehicle is the dumping location. There are also side dump and center dump configurations. Insurance products are available to cover each type of dump truck.

2. What Factors Influence Insurance Costs?

There are many factors that can have an effect, such as vehicle age, location, the radius within which you operate, etc. Basically, anything that an insurance company assesses as a higher risk has the potential to increase the price of your dump truck insurance premium.

3. Are There Things You Can Do To Save Money on Insurance?

Maybe so. Your insurance company may offer you discounts on your rates if you take steps to promote safety, such as the following:

  • Vehicle inspection before every trip
  • Proper maintenance
  • Driver screening process

You may also be able to decrease your premium by increasing your deductible. It is always a good idea to ask your insurer about any specific discounts available.


Importance of Risk Management in Intermediate Care Facilities

Importance of Risk Management in Intermediate Care Facilities

Elderly care facilities are long-term care facilities for those who cannot care for themselves. Generally, elderly persons remain in the care of the facility full-time. These are not necessarily ill patients, but instead, patients who have a variety of health problems or may need assistance with daily tasks. While all hospitals and medical treatment facilities have risks involved, intermediate care facilities or ICFs need to focus specifically on custom risk management options.

Risk Management Concerns

Nursing facilities are prone to financial claims. In an elderly care facility, for instance, the patients are often frail. They are more likely to suffer injuries. It is crucial that all caregivers and staff understand the responsibility of the facility and the risks involved. Risk management involves insurance options for these facilities. One of the biggest risks that a care facility faces is a claim of negligence.

Risk Management Options

As referenced by, the goal of these facilities is to return a patient to his or her home eventually. While the patient is there, the facility is in charge of medical care, medication and daily tasks. Facilities need to consider general liability, medical malpractice and professional liability to name a few.

When it comes to an elderly care facility, it is crucial that the business has the appropriate insurance coverage. Without it, the costs stack up.


Ten Commons Workplace Injury Claims

Ten Commons Workplace Injury Claims

Although employee injury coverage is required by most states, the nature of your company’s workers comp solutions will determine how effective your insurance has protected your bottom line and claims experience. Workers’ comp plans are written to address the exposures your employees face, and the more risks in the workplace, the more expensive the plan will be. However, the cost of the premium is a small price to pay when dealing with an employee injury claim is issued against the company. Here are the most common claims filed on workers’ comp policies.

  1. Overextension of muscles or physical ability
  2. Electrocution from wiring or installation tasks
  3. Trips slip and fall on walkways or wet floors
  4. Being struck by or against an object
  5. Machinery accident causing mutilation or being crushed
  6. Transportation accidents
  7. Exposure to harmful toxins or chemicals
  8. Workplace violence between employees
  9. Accidental overdoses of non-medical use substances
  10. Death or dismemberment by fire or explosions

The group of professionals at Insure My Work Comp advise that each company establishes a risk management strategy in addition to the purchase of a comprehensive workers’ comp plan. Being able to identify the areas of risk allows a company to establish processes that can minimize the threat, helping create a more safe work environment and lowering the costs of the insurance premiums.


Don’t Forget These Three Things Before Volunteering In Another Country

Whether you’re leaving for a mission trip with your church or are joining the Peace Corps, it’s a big deal to travel for volunteer work. How can you prepare for your trip?

Invest In Travel Insurance

Part of the goal of travel is to see new parts of the world, but if you are sick, hurt or injured outside of your home country this can create a host of problems. Investing in travel insurance for a volunteering trip is a smart way to protect yourself ahead of time and gives you a safety net in case something goes wrong. If you’re curious, check out VIS to learn more.

Get Appropriately Vaccinated

Your body is vaccinated and immune against diseases in the country that you call home, but it is not prepared for other climates on its own. Before traveling outside the country, check your general practitioner to see what vaccines you need to safely travel the globe.

Understand The Geography of the Area

A new country will mean new landmarks and unfamiliar streets. Before you leave, study a map and familiarize yourself with the area. Learn landmarks so that in case you get separated from the group, you at least have a few points of reference to find your way back.

By readying yourself to go on your trip, you’re ensuring that you are safe in the days to come. Prep ahead of time to make your experience a great one.


Protections for Your Retail Business

Protections for Your Retail Business

Running a retail shop can be a great way all to provide goods to the community while earning profits. As an owner or manager of a retail store, the possibilities of how you design your store and what you sell can be virtually endless. Regardless of the type of retail store you run, it is important that the proper foundation is put in place to minimize anything that can threaten your profits and the way your store is perceived by existing and potential customers. Taking the time to first focus on important matters such as retail business liability coverage and other pressing issues can be a great starting point for those interested in setting up shop.

Minimizing Risks

Trusting an expert in the industry such as Moody can make the startup process easier, quicker and more thorough. Because of the risks involved in running this type of business, it is wise to ensure that a plan is put in place to prevent these types of mishaps from happening. Some things to consider include the following:

  • Workers compensation
  • Liability for employee actions
  • Accountability for products being sold
  • Recovery from crime, natural disasters, cyber-attacks or equipment failure
  • Miscellaneous business interruption

Providing exceptional customer service, selling the most sought-after products and growing profits can become attainable goals when you know that these types of incidents won’t easily undo your efforts thanks to the proper safeguards for your retail shop.


Choosing the Best Insurance Company

Choosing the Best Insurance Company

It is surprising how often you hear stories about how someone chose the insurance company that covers his or her company, home, or life. Perhaps the individual knew the agent in school, or his or her parents used that company. Remarkably, very little thought often goes into selecting and retaining a company that may be insuring part of your future.


Making a wise decision regarding the right insurance firm can be difficult because of all the insurance storefronts in most towns. Another problem for many small businesses or startup owners is the time it can take to interview companies and compare rates. Program Business understands the problem many company owners can face, so the indemnity company put together a list of insurance storefronts to simplify the search.


Understanding the different types of insurance programs available, and if you will require specialty or add-on insurance policies is the first step in locating insurance in your area. Do you require off-site insurance, a construction policy, employee operation terms, or inland marine coverage? Once you decide the type of coverage you need, you can begin discussing deductibles and premiums.

One thing you should remember is that the agent may cover you with a package of insurance, but he or she works for a company – not you. Discuss claim methods and payout processes to understand the business better before you decide on an agent that will protect your future.


What Is Accidental Death and Dismemberment Insurance?

What Is Accidental Death and Dismemberment Insurance?

As a business owner, it’s your responsibility to make sure your employees receive the insurance coverage they’re qualified and entitled to receive. The better your insurance offerings, the more likely you are to attract good employees that will stay with you for the long term. One of the policies you can potentially save money on is an accidental death coverage policy. Since it can frequently be combined with a group life insurance policy, accidental death and dismemberment (AD&D) plan can be quite affordable.

What Are the Details?

AD&D insurance from iSure Insurance covers the unintentional dismemberment or death of the person insured. Dismemberment can include the loss of use or complete loss of certain functions or body parts. Loss of eyesight, limbs, hearing and/or speech would all fall under accidental death coverage. The policy will pay benefits (on top of any life insurance benefits) if the insured dies accidentally. Policies are designed to be renewed periodically.

Are There Exclusions?

Every insurer has a list of circumstances that are excluded from accidental death coverage. For example, many policies will not cover death by suicide, illness, war injury or natural causes. However, traffic accidents fall, homicide, drowning and heavy equipment accidents are typically covered. Talk to your insurance agent to find out what exclusions are included in your policy.


3 Effective Strategies To Solve Bank Overstaffing

3 Effective Strategies To Solve Bank Overstaffing

Bank operators aim to provide excellent customer service, which can lead them to staff their establishments well. However, there are times when business slows down and overstaffing occurs. FGIB notes that overstaffing brings numerous disadvantages, mainly excessive fund losses. However, they can prevent it from enacting overstaffing solutions.

Preparing in Advance

Many potential problems can be avoided with preparation, and this includes overstaffing. Managers can avoid scheduling conflicts by asking employees about their preferences and working with them to craft an agreeable schedule. Additionally, they can form a roster of on-call employees who can help in case of understaffing emergencies.

Redistributing Each Department

Most overstaffing cases involve improper employee distribution. Some areas will have more employees than necessary, particularly during slower days. Customer service is the most commonly overstaffed department. Employers should consider peak hours and skillsets when redistributing personnel to different areas. This is an ongoing process that will need constant changes depending on the situation.

Minding the Holidays

Holidays can disrupt the bank’s schedule and customer flow. Even if the location closes, people will want to rush and finish their business before to enjoy the celebrations soon. Operators will need to collaborate with employees and ask about holiday breaks and considerations. It is important to prepare the bank staff for the holiday rush without overstaffing.

Properly staffing a bank can be overwhelming, but it is not impossible. Proper planning and communication can be effective overstaffing solutions.


Maintaining Your Home for a Hassle-Free Life

Maintaining Your Home for a Hassle-Free Life

As Dorothy famously kept repeating during her journey to Oz, “There’s no place like home.” Your dwelling is a sanctuary that lets you recharge and relax. Your job, in turn, is to keep your home and its grounds well-maintained and protected as much as possible. There are several facets to caring for your residence.

Inside Jobs

Break down cleaning and maintenance jobs into easy increments. For example, once weekly, clean your floors with a broom and either a vacuum or a dust mop. Bathroom maintenance can also be broken down into weekly increments such as cleaning hair out of a bathtub drain or tending to damaged or discolored grout.

Outside Work

Each week, set aside at least half an hour to do specific outdoor tasks. These include trimming shrubs, pruning trees, and cleaning leaves and debris off walkways and paths. Regular outside work gives your home a high curb appeal.

Insurance Protection

You need the right insurance policy for your home in the event disaster strikes. You need a policy that offers you the guaranteed replacement cost. Studies show almost 80 percent of American homes are under-insured. Source: Owens Group insurance

Regular maintenance is vital for keeping your home in great shape, inside and out. Breaking such a big job into small, regular increments makes it manageable. However, the right type of policy and amount of insurance coverage is also vital for your peace of mind as a homeowner. Should your home be damaged, you want to know you can rebuild and move forward.


3 Ways to Keep Your Construction Crew Safe

3 Ways to Keep Your Construction Crew Safe

Spend any time on a construction site and you are liable to wonder how the men and women on the crew are able to stay safe and be productive. They are able to do so because someone has made crew safety a priority.

Want to do the same for your crew? Here are three ways to keep your workers safe.

1. Make Sure Everyone is Properly Trained

Safety starts with training. Make time for your crew to review how the equipment works properly, know what the right safety attire everyone should wear and understand the rules of the site. Taking safety seriously will ensure mistakes won’t be made. Or if they are, the damage is minimized. Creating a prevention plan, says Haughn & Associates, will help you do that as well.

2. Hold Everyone Accountable

Employees should understand that they are just as responsible for the 0 as anyone else. Help them by ensuring safety rules and regulations are properly posted and easy to access and understand. Also, make sure your crew knows they are empowered to speak up when they notice something that could jeopardize the Jobsite.

3. Properly Insure Your Team

Having the right insurance policies in place will also protect your crew, whether it is simply the right liability product or something created specifically for the project. Work with your agent to figure out what will work best for you.