Contact us

(831) 722-3541

Contact us

Contact details:

Message:

Your message has been sent successfully. Close this notice.

Commercial Insurance Quote

Coverage Information

Current Coverage Information

Contact details:

Your Quote Form has been sent successfully. Close this notice.

Auto Insurance Quote

Contact details:

Current Coverage Information

Your car:

Your Quote Form has been sent successfully. Close this notice.

Homeowners Insurance Quote

Your house:

Current Coverage Information

Contact details:

Your Quote Form has been sent successfully. Close this notice.

Life Insurance Quote

Life Insurance Details

Current Coverage Information

Contact details:

Your Quote Form has been sent successfully. Close this notice.

Health Insurance Quote

Coverage Information

Current Coverage Information

Contact details:

Your Quote Form has been sent successfully. Close this notice.
2 years ago · by · 0 comments

Best Loss Control Methods: return on safety investment

Scurich Insurance Services, CA, Workers CompensationCreate a safety culture within your organization. Let every employee know safety is the number one employee benefit. The top executive takes the lead and mentions some safety news in every company meeting. Simply talking and promoting safety is time, it does not cost a great deal of money.

Some specifics:

Drivers must use seat belts, must be sober and drug free, not use cell phones or text while driving, and not pick up unauthorized passengers. At least semi-annually, drug test every driver and check their driving records. Randomly test one quarter of the drivers every three months. Establish a threshold for tickets and accidents, and stick to that standard. These minimum safety standards cost about as much as a tank of gas in a pick-up.

Supply personal safety protective equipment for employees. Although this requirement comes from OSHA regulations, it’s a great investment too. One eye wash at the local doc in the box costs about as much as a hundred pairs of safety glasses.

Harnesses to tie off workers at heights cost little next to broken bones and death from a fall.

Hard hats are about fifteen to twenty dollars each. Closing a head wound runs about five thousand.

Reflective vests or coveralls, again, cost much less than a man versus loader collision.

Now, suppose you could save five percent of your workers’ compensation premium for the next three years from reduced experience mod or lower premium rates. You can afford to make the investment in safety equipment.

Consider an incentive program like this: quarterly bonus for no injuries and perfect prompt attendance. Perhaps pay everyone who meets those criteria an extra fifty cents per hour for the quarter. This extra pay amounts to about one hundred dollars per month. Wouldn’t it be worth everyone earning it? Or, maybe one quarter the earners get a pair of Red Wing boots, a gift card to their favorite tool store, a gift card oriented towards their spouses, a flat screen television or use your imagination.

Small investments in safety awareness and loss prevention do pay large dividends in reduced losses.

 

Comments

Not found any comments yet.

Leave a reply

Your email address will not be published, and your website url is not required.

Company Information

Scurich Insurance Services

320 East Lake Avenue, PO Box 1170
Watsonville, CA 95077-1170
Office: 1-831-722-3541
Toll Free: 1-800-320-3666

Contact Details

E-mail address:
Info@ScurichInsurance.com

(831) 722-3541

Available 8:00am - 5:00pm