The real estate sector is a hostile environment, and as a facility manager, you need to be on top of your game to make your facility a safe environment for patrons. That said, customers visiting business premises are exposed to all manner of hazards at all times. The risks vary from slips and trips to overhead fixtures falling on customers. Such incidences often lead to litigation cases where the guilty business owner ends up compensating the injured party. It is for this reason that real estate owners must take a public liability insurance cover to protect themselves against the enormous financial implications of such claims. You can, however, reduce the risk of facing civil liability insurances claims with the right strategies, as highlighted in this article.
Get a Public Liability Insurance Cover -- No matter how robust your safety measures are, there is always the likelihood of an accident happening in your premises. Unfortunately, most business owners feel pleased with their safety measure and don't bother getting a cover for accidents and injuries that might occur in their premises. It is a lousy strategy; therefore, the first thing you should do once you are open for business is to get a public liability insurance cover. Such action will ensure claims arising from accidents in your premises are adequately investigated and acted upon. Consequently, only legitimate claims will be paid, thus preventing bogus claims.
Prioritise Risks -- One of the first things you need to do is to find out what sought of accidents are likely to occur in your premises. The list should be in the order of priority because you want to put in place robust safety measures. For instance, if your floors are shiny, smooth tiles which are polished every few hours, then the likelihood of slip claims will be very high. Similarly, if your business premise has many clear glasses as room separators, then your customers will always be going through them.
Therefore, it is vital to know the most likely hazards that you will be dealing with so that you can put in place adequate safety measures to prevent the associated accidents. For example, if customers are more likely to walk through your glass walls, then writing "CLEAR GLASS" will serve as a warning to oncoming clients. If they are likely to slip on your tiled floor, you can limit floor polishing sessions to one session per day. It will reduce the chances of slippage accidents and ultimately, public liability insurance claims.
Address Incidents Immediately -- If an accident occurs of your premises, then your objective should be to address it as and when it happens — besides, document essential details such as the location and witness statements. The information will come in handy during the investigative stage of a claim because it will reveal the guilty party. The more prepared you are, the less likely you are to face an expensive lawsuit and higher public liability compensation.
For more information, contact a company like National Corporate Broking Pty Ltd.