Our modern litigious society provides a battleground of sorts on which individuals can sue businesses for nearly anything. Remember when McDonald’s was successfully sued by a woman who spilled hot coffee on herself and claimed that she wasn’t warned about the extreme heat? Though this seems like the stuff of the evening news, every business is at risk for a lawsuit—even yours. Why? 
Any third party who is injured or incurs property damage while on business property or as a direct result of a business’ actions, products or services has the right to sue for damages suffered. And, whether grounded or frivolous, any allegations that make their way to court can cost your business hundreds of thousands of dollars (or more) in legal fees and, if successfully sued, settlements.
While you can never completely rid your business of liability risks, you can minimize them. Keep a clean, tidy premises, free of tripping hazards. Always put up a warning sign signifying wet floors or other problem areas. Clearly display policies that affect customers, such as return policies, to prevent misunderstandings. The more you do to clear up areas of confusion, the less your risk of a liability claim.
Perhaps one the best ways to protect your business against liability risks is to purchase commercial general liability insurance. This type of policy is designed to cover financial obligations that result from liability claims, such as medical expenses, legal fees and settlements. The amount of coverage your business needs relies heavily on its risk profile. For instance, a contractor has a higher risk profile than, say, that of marketing firm.
Speak with a qualified insurance agent for a customized evaluation of your business and to learn more about how liability coverage can offer the best protection for you.
We’ll help you find the best coverage. Call Morehead Agency LLC at 816-525-6159 for more information on Fort Lauderdale general liability insurance.