With the economy being at an all-time low, residential builders may be facing hard times. However, whether you have no work, or are building 5 homes a year, it is still important to know about risk management. NY builders, you work hard for your money and you deserve to keep your earnings. However, without NY risk insurance, you could lose hundreds or even thousands if something were to go wrong on the job-site.
Here are a few scenarios to show you what we mean:
#1: One of your newest builders is not familiar with a nail-gun but decides to give it a go. Ten minutes later he is on the way to the hospital due to a nail through his hand.
#2: Your roofers have been working hard in the sun all day. One of them suddenly gets dizzy and falls off the roof. Oh no!
#3: One of the home owners comes by the site to check out your progress. Dressed in heels, she slips over an extension cord and hit her head…hard.
Believe it or not, these types of scenarios are not as rare as you may think. It is important that you go over safety guidelines with your employees and anyone else who is going to be around the job-site. It is also important to go over risk management. NY insurance agents will be happy to speak with you about the right policies for your business. Most essential policies include general liability, workers comp, builders risk insurance and even commercial vehicle insurance. No matter what policies you choose, you will be taking a huge step towards safety and protecting your company. At Metropolitan Risk, we hope you never have to deal with a lawsuit or expensive medical costs. Take our advice and look into risk management today before an accident puts a dent in your business.