Monthly ArchiveAugust 2020

Employee Theft

How Employee Theft Can Create Significant Losses

When business owners think about the possibility of theft, their first thoughts don’t generally involve their own employees. However, employee theft can be among the most serious and substantive.

Theft Can Go Undetected for a Long Time

Employees are in a unique position to be able to steal from a business because they have been entrusted with access to products, supplies, and even funds. Moreover, they may be able to conceal their theft rather effectively. Employees may have the opportunity to repeatedly steal from a business over an extended period of time before anyone else becomes aware of it.

Employees Can Use Their Position to Steal From Third Parties

In some instances, theft could be committed against a third party who a business works with or a client who it serves. In addition to having lost revenue, a business could be liable to the party from whom the employee has stolen.

Businesses Need to Safeguard Themselves Against Dishonesty

Virtually every type of business needs a strategy aimed at preventing and addressing internal loss. Employee theft protection through crime insurance can compensate a business for losses resulting from theft.

Reach out to an experienced insurance company so that you can find out more about what you need to do to protect your operations and revenue from employee dishonesty.

ATV

Ensure That Your ATV Is Covered Before You Hit the Trail

There are a wide variety of off-road trails to explore in Connecticut. From dense forests to muddy tracks, the state has lots of opportunities to enjoy the outdoors. However, before you head out on your next adventure, you should look into getting ATV coverage. Without proper insurance, you risk liability if something happens to you or other riders.

Types of Coverage

Insuring your ATV or UTV makes sure that you’re prepared for whatever may happen on the trail. Depending on your needs, there are a variety of different insurance types to check out:

  • Comprehensive (covers damage to ATV due to fire, theft, etc.)
  • Collision
  • Bodily injury and property damage liability
  • Uninsured/underinsured motorists

Insurance for your ATV means that you are protected in the event that you’re involved in an accident. Even if you’re not out on the trail, comprehensive insurance offers protection for theft and vandalism. Should there be an accident that results in injury or property damage due to your ATV, you can protect yourself from liability.

Peace of Mind Off the Road

ATVs offer a way to escape and explore the great outdoors. Though they’re recreational vehicles, they’re still an investment. Instead of risking liability, protect your assets by covering your quad or UTV with a variety of different insurance options.