How can businesses reduce accident and injury claims for workers comp insurance in Virginia? There are two main factors in developing policies to lower workers compensation claims: reducing risk and increasing safety. Many risks a business faces can be reduced by having a systematic policy of regularly evaluating and eliminating hazards which you, your employees, and anyone on the property might face. Your worker’s compensation insurance agent can help you assess and manage your workplace hazards and potential for risk. This process should happen on a regular basis so that the risks of current hazards are accurate and new or potential hazards can be identified.
Safety in the workplace can be increased with a two-pronged approach which address is current and potential hazards and train employees on safety procedures. Once hazards have been identified, several steps should be taken to minimize or eliminate them. This might require a team approach with your insurance agent and remain current with industry standards and new prevention techniques. You and your employees also need to be routinely trained on prevention and safety procedures and policies. It may help to implement a system of accountability or incentives, so employees feel motivated to use safety procedures. Your workplace can become safer and your claims for workers comp insurance in Virginia may be reduced.