With an uncertain economy, businesses continue to look for ways to trim expenses and cut back on unnecessary details. However, cutting key maintenance expenses could end up harming the business in the long run, or increasing liability risks for the business. In today's Aegis blog post, we look at some of the maintenance expenses businesses should keep in their budget in order to minimize liability risk and protect the future of the business.
Regular HVAC Maintenance
A working HVAC system is vital to any successful business, particularly restaurants and retailers that rely on HVAC systems to keep customers, employees, and merchandise safe from extreme temperatures. For this reason, it's essential for companies to keep regular HVAC maintenance in their annual budget to ensure all components are in proper working order and to avoid the downtime and high cost that comes with HVAC repair or replacement. Having HVAC systems regularly maintained can ensure that they are clean from debris and dirt, that coolant is at correct levels, and that there is no other issue with wiring or ductwork. An investment in HVAC maintenance is well worth it because of the comfort and peace of mind it provides.
Tree Care and Pruning
Trees are a beautiful, vital part of any commercial landscape, so commercial properties with trees should ensure that tree care and pruning remain a line item on their annual budgets as well. Without proper tree maintenance and regular pruning, broken or damaged limbs hidden by foliage could fall onto customers, employees, or their property. In addition, strong winds can cause overgrown branches to snap and cause substantial damage to nearby structures or commercial vehicles. Tree care can reduce liability risks and protect the commercial property and vehicles from costly damage.
Commercial Auto Maintenance
Finally, many industries rely on commercial vehicles to perform service calls, transport raw goods, and deliver products to customers. When these commercial trucks, vans, and cars are not properly maintained, it can cause costly delays and damage the reputation of the business. In a time when every revenue dollar matters more than ever, companies cannot afford to lose business because of simple vehicle breakdowns caused by a lack of auto maintenance. Companies should ensure that their commercial vehicles are regularly taken for tune ups, oil changes, tire rotations, and tire checks so prevent costly delays or accidents that could put employees at risk of injury.
Companies are eager to shed unnecessary expenses and costs, but it's important to understand the full scope of expenses and how cutting them can have unintended consequences. Aegis Insurance & Financial Services is committing to helping companies save money by offering Commercial Insurance solutions tailored to unique business and industry needs, all at competitive rates. We offer bundled policies that can help companies save on their annual premiums while also providing financial protection and peace of mind. For more information, contact our Aegis office at 713-850-7622 or fill out our online form to request a free quote.