In today’s ever-expanding job market, companies of all types make use of the valuable services provided by a staffing agency to fill everything from short-term surges in work to long-term staffing needs. Due to this, it’s vital that your employment agency insurance policies be kept up-to-date. After all, the wrong time to find out your coverage is out of date is after an accident occurs.
Staffing Agencies Need Extra Coverage
While your staffing agency needs all the basic business insurance coverage, such as umbrella liability, workers’ compensation and general liability, there are some other policies that benefit your specific industry. These include, but are not limited to,
- Hired & non-owned auto liability
- Employee benefits liability
- Abusive Acts liability
- Direct Hire/Personal Consultant PL
The Right Policies Keep Your Company Safe
Every industry has their quirks, and staffing agencies are no exception. With their focus on providing skilled employees to short-handed companies, staffing firms bear the responsibility of ensuring their employees perform in a wide variety of workplace environments.
Although it’s not possible to stop bad things from happening, a well-thought-out package of employment agency insurance policies can go a long way towards ensuring yours is capable of surviving accidents, lawsuits and judgments. Smart staffing companies regularly review their insurance packages with qualified insurance representatives, so they’re not caught by surprise when disaster strikes.