Types of Sanitation Company Insurance

Sanitation is an essential part of today’s society. Whether it’s permanent or portable sanitation, making sure the companies who provide these necessary services are protected is beneficial both for the companies and the community. Knowing what kind of sanitation company insurance is available can get your company on the right path to ensuring the safety of yourself, employees, and residents.

General Liability

The most common form of insurance is general liability. This protects companies from claims or lawsuits over accidents you might be liable for. If someone gets injured on your property or using one of your services, you are protected under this insurance.

Property Insurance

This insurance prevents you from paying for any damage that occurs on your property out of pocket. Any weather-related damage can be covered under this type. In some cases, vandalism and theft are also covered under this policy, though you can take out coverage for those specifically. This is a good idea if you have a lot of expensive equipment stored on site.

Workers Compensation Insurance

Workers’ compensation insurance may be legally required in your state. If not, it is still a good idea to get it. In the event of an injury on the job, an employee can get their expenses covered without suing you.

Covering all your bases with the right insurance policies is vital in today’s business. Not having coverage risks financial downfall in the future.

Building an Employee Benefits Package for Your Company

Offering your employees an excellent benefits package will help you recruit and retain an outstanding workforce. Many employees value benefits almost as much as salary, so it’s important to choose benefits that are desirable yet affordable.

Health Insurance

Employers with a large number of employees are generally required to offer health insurance, so it’s one of the most essential employee benefits to budget for when you’re building a benefits package. Typically, an employer will pay a percentage of an employee’s coverage costs in a group plan.

Disability Insurance

In the event that an employee is unable to work due to an illness or injury, disability benefits can compensate them for the time that they need to recover. Short-term disability will address absences that aren’t significant in duration and long-term disability can cover absences that are greater than six months.

Life Insurance

Many employers can affordably provide life insurance policies to their workforce. Policies can be for a set amount or they can be equivalent to an employee’s annual salary. The policies will remain in effect for the duration of someone’s employment.

In order to build an attractive benefits package that will fit into your operating budget, you should work with an insurance provider who is experienced in serving businesses in your area.