Upgrades can be fun or rewarding opportunities, such as being bumped up on your flight from economy to first class, or being offered a luxury suite instead of a standard hotel room. However, there are sometimes when upgrades are a necessity in order to improve your company's daily operations and safety, or to boost certain areas of your business that need improvement. In today's Aegis blog post, we'll look at three upgrades that can help make your company safer and reduce liability exposure for your business.
Tools and Equipment
Businesses of all sizes and industries rely on tools and equipment for daily operations, whether it's laptops and tablets, specialized tools, commercial-grade appliances, or other key business equipment. Over time, tools and equipment may become outdated or unsafe due to excessive use, and upgrades may be necessary in order to keep employees safe and ensure your business can perform all functions properly.
For example, a restaurant might find it beneficial to replace and upgrade ovens or kitchen machinery such as large mixers or deep freezers. Retailers might need to upgrade computer systems and sales machinery in order to reduce fraud and protect customers. Newer machines are often safer machines, and can reduce the likelihood of employee accidents and injuries or company losses and damages.
Another important upgrade for businesses to consider is with the security systems inside and outside of their commercial property. Some businesses have very antiquated security systems that don't offer much protection for the building or assets inside, so an upgrade would drastically reduce the potential for theft or vandalism on the property. Instead of outdated, grainy video systems, newer security technology can offer real-time access to the entire property with smartphone or online capability, and higher quality digital footage. Upgrades for security systems can result in a decrease in property losses and damages that could impact daily operations.
Fleet Vehicles and Service Trucks
Finally, companies that want to improve safety for employees and reduce liability exposure may also consider upgrading commercial vehicles, including fleet cars and service trucks. An upgrade in commercial automobiles can lead to greater fuel efficiency, advanced safety features, vehicle telematics for tracking purposes, and improved productivity. Upgrading a service vehicle or fleet car can also reduce potential Workers Compensation claims as company drivers would be safer and less likely to be involved in serious accidents.
Aegis Insurance & Financial Services proudly offers companies of all sizes and industries a full range of quality Commercial Insurance policies and coverage, all at competitive rates. Our team of Commercial Insurance experts can help your company assess coverage needs, identify gaps in current coverage, and develop Commercial Insurance packages that meet your unique industry needs and achieve company goals. Contact Aegis today at 713-850-7622 for more information or fill out our online form to request a free quote!