Complex Risk Advisor specializing in Real Estate & Development | Putting the "Human" back in Commercial Insurance
Glamorous Laundromat Storytime: In NYC, the average slip & fall settlement for non-serious incidents ranges from $30-50k. With an average of 3-5 falls a year, this type of business could face significant costs. Consider this - even just 3 falls could result in $90k in claims! Imagine the nightmare of that renewal… What if a $2000 investment in non-slip mats could substantially reduce the risk of major lawsuits AND lower insurance premiums YEAR over YEAR? It's a smart risk management strategy that showcases your commitment to proactive safety and financial prudence. Is your broker talking to you about options like this? If you don’t have a blueprint to better your buisness, it might be time to call a new broker ☎️ #RiskManagement #Insurance #BusinessStrategy #slipandfall #nyc #buisnessowner #liability #protectyourbuisness #upath #oneadvantage USI Insurance Services
Always thinking about insurance
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Love this commentary!!! Great Work!!!
I couldn't agree more! Tabitha McManus, MLIS Thanks for sharing.
This is a great perspective on proactive risk management. Investing in non-slip mats could indeed be a wise decision for long-term financial health. Have you seen notable reductions in incidents after implementing such strategies?