Today, business owners work with independent contractors to handle many of their specific needs. Yet, many also still use employees to handle tasks such as courier work or product delivery. When you have employees doing the work, you need to have insurance to protect those drivers and your assets.
One of the most commonly used part of a general liability insurance policy is bodily injury liability, which covers medical expenses for those who are injured on a business’ property. Not all injuries are covered, however.
It’s common for business owners to see workers compensation insurance as a basic expense of doing business and hiring employees. Yet, it provides a wide range of financial protection and can help to ensure that good relationships exist between you and your employees.