Tag Archives: california insurance

Workers Compensation Insurance Preventing Misuse

US is a nation which often goes out of its way to protect the rights of workers. The workers compensation coverage is one such legal protection. Unfortunately, this often gets misused. And, the trend often comes as a great challenge to well-meaning employers. However, this does not have to scare you away from offering your staff the protection they deserve. Just take the following measures and you would minimize or eliminate the instances of workers compensation coverage fraud.

How to prevent workers compensation insurance fraud?

Know that preventive measures are always better than having to handle things in such a way as to offend anyone. It is true that you can fire an employee or even report the instances of fraud to the authorities. But, experiment the following measures before going the harsh way.

  1. Take control of the provisions for leave

The best way to prevent workers compensation policy abuse is being part of the “leave administration” in your company. Make sure that there is a handbook which clearly states the policies regarding workers leave and everything related to it. The employee should also be offered light duties when he/she is undergoing treatment for an injury. You should also make sure that you stay updated with the restrictions doctor may impose on the person in question. The measures should be designed in such a way as to convince your employee that you want to bring him/her back to work as soon as possible. Evaluate the worker’s doctor-imposed restrictions at regular intervals. You can determine the frequency as something like, whenever the individual consults a physician.

  1. Encourage honest dealings

Talk to your staff about their rights and obligations when getting benefited from the workers compensation coverage you have set in place for them. You should also keep on stressing the fact that fraud is a criminal activity and it can have serious consequences. The most feasible way to do this is to announce it through newsletters or bulletin boards.

  1. Prevent fraud from the start

Surveys say that opting for the best practices in the industry when hiring can help you prevent fraud to a great extent. Try not to hire anyone with a criminal background. Experiences show that a thorough background check of the candidates of your choice would be enough to detect fake claims and other deceptive practices.

  1. Monitor your staff

There are numerous ways you can monitor your staff. Search for the one which you feel would work best for your company online and go for it. Constant monitoring is known to be quite effective in preventing fraud at workplace.

  1. Be aware of your rights and obligations

As you know, ignorance can prove disastrous when operating your business, especially with regard to workers compensation. Explore your State’s website to have an understanding of your rights as the owner of a company. This would help you eliminate fraud by depriving the benefit when you detect anything of the kind.

Workers compensation insurance is a legal requirement for an employer. Frauds too can happen at times. Staying alert is the only choice available for you.

http://southcaliforniainsurance.com/ offers numerous option when it comes to all business insurances types. Get online quote visiting http://southcaliforniainsurance.com/ today.

Contact Person: Goran Mijailovic
E-mail: sales@southcaliforniainsurance.com
South California Insurance Company
Address: 801 Washington Street San Diego, CA 92103
Tel/Fax: (619) 296-1228
Website: http://southcaliforniainsurance.com/

Workers Compensation Insurance A Brief Analysis

Workers compensation coverage helps a business protect its staff when they happen to face accidents or get injured on the job. It allows you stay safe from lawsuits and other losses such mishaps can cause. In the US, it is the States which takes decisions in the matter. However, the rules and regulations remain almost the same. There are just slight differences in the amount offered and the formalities both the employers and the employees have to complete to enjoy the benefit. You have to visit your State’s website designed for the purpose to know more about it.

What do workers compensation insurance policies protect?

Know that this policy takes care of only those injuries or accidents an employee happen to suffer while performing his/her work-related responsibilities. The requirements may vary from agency to agency. However, if you feel that the suffering was caused due to deliberate negligence, you can choose to sue the company instead of availing the compensation. The coverage if you go for it may take care of the loss suffered by injury, accident or permanent disability. It would even help you bear the expenses involved in rehabilitation. The salary before injury, the loss of income, and the extent of loss are the factors which come to play in determining the compensation amount.

Even if you get killed on the job, your family is entitled to receive a compensation based on the salary you used to receive. And, the death benefit your family may get can come up to $6,000.

What it does not protect?

It is true that the protection you may get under this policy is great. But, this does not mean that it covers all injuries you happen to suffer when working. You may be denied compensation in the following scenarios.

  • If you happen to get injured when drunk
  • Injuries due to your own negligence
  • If the injury is because of a fight between you and your co-worker
  • If the injury happens after you are fired

Obligations of the employer

If you are someone running a business, the law requires you to take out a workers compensation insurance policy for your employees. Given below are your legal responsibilities as the owner of a company.

  1. Make sure that your staff is informed of their rights in this respect. For this, you should post notices and advise your employees about the benefits they are offered under the workers compensation policy arranged for them.
  2. You should inform your employees as to the name of the insurance provider. You should also mention who all have to make adjustments in their claims.
  3. Inform your staff that they have the right to change the doctor if they wish to do so.

When an employee happens to get injured on the job, you should hand over the compensation claim form within one day. The law also expects you to do the same within the shortest time possible after hiring a new employee. Remember, workers compensation insurance is not an obligation you can avoid if you want; it is a legal requirement. Its absence can cost you your business.

Using policies of South California Insurance you can insure your workers at fantastic terms. Visit http://southcaliforniainsurance.com/ and see how experienced agents can help you.

Contact Person: Goran Mijailovic
E-mail: sales@southcaliforniainsurance.com
South California Insurance Company
Address: 801 Washington Street San Diego, CA 92103
Tel/Fax: (619) 296-1228
Website: http://southcaliforniainsurance.com/

Business Owners Pay Attention on Commercial Insurance

You are all exited running a new business right? You should be proud of your self running your own business these days during recession and world crisis. Yet, it its very interesting but with a lot of responsibilities. One of them is to choose right commercial insurance for your company or small business. Try avoid mistakes other business owners makes and help your business growth making right decision when it comes to business insurance.

In lines below we are going to write just basic things on commercial insurance but if you need advices from professional insurance agents working in this turbulent market for 30 years visit this website and get latest insights on insurance trends in United States.

There are generally six types of commercial insurance.

  • General Liability Insurance – business owners are covered with the privilege of avoiding legal hassles due to accident, injuries and claims of negligence. It also covers property damage, medical expenses, and settlement bonds.
  • The second type is the Product Liability Insurance. It protect the business due to factory defect or bodily harm.
  • Professional Liability Insurance cover in this insurance protects the business against errors, malpractice and negligence in the provision of services to the customers.
  • Commercial Property Insurance is the fourth type of business insurance. This covers practically everything that the business may experience due to conditions like fire, smoke, wind and hail storms
  • Casualty insurance covers losses and liabilities which are a result of unforeseen accidents.
  • A Home-Based Business Insurance is the last one.

As a leader and manager you have responsibility to your firm and workers. That is why it is important to plan every single detail in your business agenda, and insurance of course is one of them. Regardless of the type of work you do there are several insurance types that you can choose: property insurance, liability insurance, malpractice insurance and prepaid legal insurance. Also you need to insure your workers, since they need health, dental, and life insurance, so called workers comp insurance. It can vary from country to country but many of these insurances are mandatory.

Take time and explore all to avoid mistakes. Collect as much as information’s you can, talk to more than three insurance agents and making decision should not be that hard. Search online, at newspapers on local business directories, ask friends, other business owners and partners, just find as much as you can. We all trying to downgrade fees and maximize profit and return on investment, but insurance is business category we need in order to have peace of mind. Choose affordable rates and premiums, don’t avoid insurance at any circumstances.

If you need more information about Commercial Insurance please visit South California Insurance located in Washington Street in San Diego, CA. Get a quote and find out how they could save you money. Get all info needed at http://southcaliforniainsurance.com/ or just call customer support number (619) 296-1228.

Contact Person: Goran Mijailovic
E-mail: sales@southcaliforniainsurance.com
South California Insurance Company
Address: 801 Washington Street San Diego, CA 92103
Tel/Fax: (619) 296-1228
Website: http://southcaliforniainsurance.com/

Affordable Business Insurance: Usage-based Workers Compensation Coverage

The significance of insurance protection for a business is common knowledge. The only concern one has to address is to how to make it affordable. Whatever measures you may take for this purpose, a workers compensation coverage is something you cannot avoid at any cost. Lawsuits can happen at any time. If you are not protected against such instances, your reputation is going to suffer badly.

The search for a way to ensure that the cost of the coverage does not go beyond your earning capacity would definitely take you to pay as you go type of insurance policies.

How it works?

Pay as you go insurance policies, also known as usage-based insurance coverage are not a new trend in the industry. But, this is being popularized in the market in an attempt to help small businesses. Here, the insurance coverage gets tied up with the payment the staff receives in your company. You send a report of the payment of your employee along with the classification code of the job being done. Premium is calculated based on this information. The carrier makes the calculation based on the report it receives from a certified payroll agency or authority. The agency gets the premium as electronic transfer from your bank account.

How it offers affordable business insurance

This may come up with the next question; how does it make business insurance cost-effective? The answer is quite simple. While general workers compensation coverage is based on estimates, usage-based coverage works on the basis of real-time information. Following are the additional benefits this program has in store for you as a business owner.

  • Convenience: There is no denying of the fact that time is money. The audits generally conducted at the end of a financial year often costs much to your company. You either end up spending much or getting a refund of your policy if you ask for it. Whatever is the situation, the process is truly time-consuming. Since the premium is based on the payment an employee receives, you don’t have to be concerned of a heavy amount required for the troubles like lawsuit or anything related.
  • Ease of operation: Setting up this kind of an arrangement is quite easy. You can even do it online within a few minutes.
  • It helps you avoid heavy down payment
  • It relieves you from the burden of premium financing.
  • It increases your revenue by adjusting the premium as per the changes in payment.

Even if you approach an agent for help in this matter, you would be offered numerous advantageous features. The easy availability of quotes, quick setup and a number of providers offering maximum flexibility are just a few to mention. All these get combined with the benefits like automatic renewal and no premium deposits.

No policy lasts more than six months here. You can also request a refund of the same at the end of the coverage period. In fact, the benefits are sure to exceed the ones you are offered along with the general variant of the same.

Do not ever ignore your homework. Only a thorough research would be able to make sure that you get truly affordable business insurance.

Get online quotes for San Diego Business Insurance – visit South California Insurance Company and be sure that you have chosen most reputable insurance agents in San Diego, CA. For more visit this website or call today (619) 296-1228.

Contact Person: Goran Mijailovic
E-mail: sales@southcaliforniainsurance.com
South California Insurance Company
Address: 801 Washington Street San Diego, CA 92103
Tel/Fax: (619) 296-1228
Website: http://southcaliforniainsurance.com/

Insurance Tips for Home-based businesses

A home business is the best way to add up to one’s regular income. If it expands, you can even leave your regular job. This allows you to do everything you want; spend quality time with your family, avoid travel expenses and a lot more. But, people often forget the fact that a home business is no different from any other business. The risks it would have to face may be less when compared to big enterprises. But, this does not mean that home businesses are free from mishaps like accidents. For this reason, your small endeavor too needs insurance protection like any other large-scale organization.

Some common myths

Following are some of the common excuses or myths home business owners present to justify their decision to cut down on business insurance.

  1. This is just a small firm

It may be true that yours may be just a small enterprise. But, that does not mean that you can avoid insurance protection. Business involves liabilities. If the product you sell is damaged or someone faces an accident when working for you, you are sued. And, don’t think that your homeowner’s policy would come to your assistance in this situation. It protects only your home and the equipment in it. Some companies even feel that operating a home business goes against their policy. Having to handle the legal issues on your own would not only drain your budget, but also would ruin your reputation in the market.

  1. Business insurance is costly

People are generally of the view that anything related to business is costly. But, this is not the truth most of the time. A bit of time spent shopping around would come up with excellent insurance packages. If you are fortunate enough, you may even be able to come across policies with a premium of just $50 per year. There are also agencies willing to customize their policies as per your requirements.

Insurance is way too complicated to understand is another myth agencies often are asked to handle. This too is wrong to some extent. Just talk to an expert and you would be guided in the right direction.

A small checklist

These insights come up with the next question, what kind of coverage does a home business need? Try to answer the following questions before taking a final decision in the matter.

  • Does your business produce and supply any product or food item?
  • Does your business require a vehicle for its operations?
  • What kinds of equipment would be used for the company?
  • Does your firm need external services to fulfill any of its commitments?

 

If you are someone residing in California, you would not have any difficulty to get insurance protection for your home business. All you need to do is to explore the websites of renowned companies. Most of the reputed agencies would have call-centers operating in your locality. Getting the right kind of coverage is just the matter of talking with an expert and customizing the packages available for you.

 

Searching with the keyword “California business insurance” would come up with thousands of results. Be careful to compare quotes from an authorized agents.

 

If you are running home business from San Diego and you need affordable San Diego business insurance call (619) 296-1228 or visit South California Insurance at 801 Washington Street, San Diego.

 

Contact Person: Goran Mijailovic
E-mail: sales@southcaliforniainsurance.com
South California Insurance Company
Address: 801 Washington Street San Diego, CA 92103
Tel/Fax: (619) 296-1228
Website: http://southcaliforniainsurance.com/

California Business Insurance: Making Wise Choices

There exists no difference of opinion among business owners on the importance of business insurance. But, for most of them, it is an investment worth making only when times are good. They are eager to cancel or cut down on their policies. But, this may prove disastrous at one time or the other. You would be left with no choice, but to pay from your own pocket if someone get injured or faces an accident while working for you. When combined with the bad reputation it is going to cause, the danger is sure to be something you would want to avoid at any cost. Having business insurance protection is the most cost-effective way to take care of this issue. Instead of trying to cut down on your insurance protection, you should look for ways to invest wisely. Here are some insights to help you in this direction.

Choosing the right kind of coverage

Do the following to make sure that you are able to take informed decisions when it comes to protecting your company with an insurance policy.

  • Be specific about the location: When searching for a business insurance provider, make sure that you go for an agency located in your hometown or State. Know that the industry is regulated by the laws of the US. You can never feel assured that a foreign company would abide by the laws of the land.
  • Be willing to spend a bit: It is true that you would want the cheapest policy available. But, understand that there is no point in going for a low-cost insurance policy if it fails to ensure the protection your company requires. Do comparison shopping; opt for the kind of coverage designed to protect your firm from the risks you are sure it may face in future.
  • Talk to an agent: The Internet allows you to compare quotes from different companies and make educated choices. But, beware; the cheapest with glorious promises may be a scam. Make sure that you talk of your insurance coverage with an expert in the field. Allow the expert to guide you in your decisions in the field. Talking to your attorney too is something you should not overlook.

 

Questions to ask your perspective insurance provider

 

You may be able to pick up a policy which would suit your requirements. But, having an understanding of your perspective insurance provider is a must if you wish to get the most out of it. Here are some pointers in this direction.

 

  1. Enquire about its experience

 

Most of the time, business owners take recommendations from their personal insurance provider when it comes to going for a particular business insurance agent. This may be of help to a certain extent. However, this may not the case all the time. The agent of your choice may not have the required experience or insights to guide you in the right direction.

 

  1. Does it offer the liability coverage you need?

The next concern you should address is the kind of protection offered. Make sure that the policies you receive offer you the kind of protection your company deserves.

 

California business insurance: Combining trust and experience

 

If you are a resident of San Diego, California, getting the right kind of protection for your company is not a tough job. Just Explore the Internet and opt for an agent who appears well-versed in the field. Fortunately, San Diego business insurance offers you an abundance of options in the matter. More on this website.

Contact Person: Goran Mijailovic
E-mail: sales@southcaliforniainsurance.com
South California Insurance Company
Address: 801 Washington Street San Diego, CA 92103
Tel/Fax: (619) 296-1228
Website: http://southcaliforniainsurance.com/