Central Florida Auto Insurance: What are the Safest Cars for Teens?

Central Florida Auto Insurance: What are the Safest Cars for Teens?  Central Florida Auto Insurance What are the Safest Cars for Teens

When it comes to protecting our teen drivers, there is not much many parents won’t do. Whether it’s limiting their exposure to outside distractions or monitoring their driving habits when you’re not around, parents will try just about anything to protect their young drivers, and for good reason. Statistically, younger drivers are more likely to get into an accident than their seasoned counterparts. As such, choosing the right vehicle for your young drivers is an essential part of keeping them safe out on the road.

The Insurance Institute for Highway Safety (IIHS) recently compiled a list of the best vehicles for young drivers, and some of the results may surprise parents. The IIHS based their recommendations on a few factors: horsepower, vehicle design, smart-technology and safety ratings. According to the IIHS, young drivers should stay away from high horsepower vehicles which may encourage reckless behavior. While you might be tempted to get hand your teen the keys to a smart car; bigger, heavier vehicles are actually preferable for teen drivers because they offer better protection in the event of an accident. The IIHS also recommends vehicles with Electronic Stability Control (ESC) and vehicle to vehicle communication capabilities to help young drivers maintain control of the vehicle in unexpected situations. Furthermore, safety and crash test ratings should always be a factor when purchasing any vehicle, but specifically those going to young drivers who are more likely to be involved in an accident.

Topping the list are a number of “larger cars” including the Saab 9-5 sedan, Lincoln MKS, Buick Regal, Ford Taurus, and Volvo S80. All of the IIHS’s recommended models are 2007 or later to account for the inclusion of ESC technology and other safety features.

At Newman Crane, we understand that there are countless unexpected circumstances that motorists often face every time they hit the road. That’s why we proudly offer the complete and affordable auto insurance Orlando FL drivers need.  Our Central Florida Auto Insurance specialists can help secure coverage for all your vehicles, whether they are your daily drivers or collectible classics. Give us a call today at (407) 859-3691 to learn more about our Central Florida Auto Insurance coverage.

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Orlando Retailer Insurance: Preventing Holiday Losses

Orlando Retailer Insurance: Preventing Holiday Losses Orlando Retailer Insurance Preventing Holiday Losses

It’s that time of year, the holiday shopping season is nearly upon us and retailers all over the country are revving up their holiday displays and slashing prices to attract hordes of shoppers over the next few months. It all starts next week. According to the National Retailers Federation’s Thanksgiving Weekend Expectations survey over sixty percent of consumers surveyed said that will definitely be or expect to be shopping over the Thanksgiving holiday weekend. The equals out to over 140 million shoppers across America, most of whom will be looking for deals and gifts for the holidays.

With hundreds of shoppers crowding Orlando retails stores it’s no wonder that the risk of inventory shrink and losses increases during the holidays. Statistics show that retail crime rates increase by 30 percent over the holidays, including employee and customer theft. The National Retail Federation (NRF) reports that 95% of stores have been victimized by retail crime over past holiday seasons.

So how can Orlando retailers protect their inventory and operation from losses?

Start by making sure that you have a strong trustworthy staff. Make sure to preform criminal background, work history, reference, and drug screenings on all seasonal hires, this will help ensure that your hiring workers who are less likely to adversely affect the company. It’s also important to pay and treat employees well to instill loyalty and trust, many retailers offer employee discounts to workers including seasonal hires as a further deterrent. Strong staffing is the first step in deterring shoplifting as well.

Discouraging shoplifting and customer theft can be a little trickier, especially when stores are packed and lines are long. In addition to having a door greater that can monitor customer comings and goings, make sure that your operation is well staffed and available to assist customers and monitor the retail floor. Additionally, lock up or secure smaller or more valuable items behind the counter of in locations where employee assistance is necessary. Check security cameras to ensure that displays do not create any blind spots and ensure that all entrances and exits are properly attended. With a little extra planning and staffing, there is a greater likelihood of reducing your shop’s vulnerability to theft, broken items, lost goods, and other inventory shrink.

Inventory shrinkage is not the only increased risk exposure Orlando retailers face. There is also an increased likelihood of workplace injury, patron injury, property damage, and even lawsuits. As such, it is important that Orlando retailers assess their risks and secure the comprehensive business insurance coverage.

At Newman Crane, we offer Orlando Retailer Insurance plans to protect your retail operation from a number of potential losses, including liability and property damage. We offer complete and affordable business insurance in Orlando and throughout Central Florida, so that our clients receive quality coverage they can count on. To learn more about our operation and Orlando Retailer Insurance programs, speak with one of our specialists today at (407) 859-3691. 

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Orlando Warehouse Insurance: Preventing Inventory Losses

Orlando Warehouse Insurance: Preventing Inventory Losses Orlando Warehouse Insurance Preventing Inventory Losses

Central Florida distributors have a high exposure to losses, especially as hundreds of goods and packages move in and out of the facility every day. The larger an operation, the more susceptible to costly losses they are. Accurate inventory reporting and monitoring is one of the most effective means of preventing property and liability losses, however it is often a huge hurdle for many Orlando warehouse.

Inventory reporting is a complex process and no two operations are exactly alike. There is a vast array of accounting, stock tracking and record keeping methods utilized by distributors, all of which can leave room for errors and mistakes. These factors on top of the sheer volume of items being processed and handled every day by Orlando warehouses, makes it difficult to measure inventory accurately. As a result, many Central Florida operations experience inventory shrinkage.

Inventory shrinkage is essentially any discrepancies between recorded inventory numbers and tangible inventory records. There are countless reasons for shrink, from employee dishonesty and theft to simple human errors. One common reason behind inventory shrinkage is simple miscalculation. Data entry and record keeping errors, including improperly coding or storing items, paying a vendor invoice twice or overshipments are the most common causes of inventory losses.  As such, ensuring that all stock, inventory and purchases, and sales are accurately recorded can help avoid losses and other complications. Additionally, many professionals recommend reducing inventory on hand to minimize the likelihood of losses and lower operational costs.

If you own a wholesaler, warehouse or distribution operation in Central Florida you are innately exposed to a unique set of risks and challenges. In order to properly protect your operation, it’s important to determine your particular needs and exposures. Newman Crane is a premiere Orlando insurance company that specializes in finding comprehensive business insurance and risk management solutions for Orlando distributors. Our Orlando warehouse insurance specialists can help you secure coverage for property and liability losses. To learn more about Orlando warehouse insurance and our complete commercial insurance portfolio, give us a call today at (407) 859-3691.

 

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What Does Central Florida EPL Insurance Cover?

What Does Central Florida EPL Insurance Cover?

What Does Florida EPL Insurance Cover Many Florida businesses are increasingly faced with the harsh reality that employee-related lawsuits are on the rise in America. Discontented workers increasingly pursue claims against their employers for everything from compensation discrepancies to discrimination, sexual harassment and wrongful termination. The likelihood that a business owner today will face some sort of legal complications surrounding employment practices is relatively high, and when these allegations surface they can put a strain on Florida businesses large and small. Even as a small business the possibility that you will face a lawsuit, whether justified or not, at one time or another by an employee is very real.

As such, it is vital that Florida businesses take the proper precautions to protect their assets. Employment Practices Liability Insurance (ELPI) is type of liability coverage designed to protect businesses from claims of such wrongful acts. The most frequent types of claims covered under such policies include:

  • wrongful termination or discipline
  • discrimination
  • sexual harassment
  • employment contract claims
  • Failure to employ or promote

Additionally, EPLI policies cover claims from a variety of other types of workplace misconduct, including, but not limited to: defamation, invasion of privacy, failure to promote, deprivation of a career opportunity, and negligent evaluation. These policies are designed to cover such acts as perpetrated by directors and officers, management personnel, and other employees within a company and can be adapted to the needs and desires of the operation.

EPL is commonly written either on a stand-alone basis or as a supplemental addition for already held liability policies. While these policies are designed to cover a wide variety of incidents, coverage often excludes punitive damages, civil or criminal fines, company downsizing or plant closures, and intentional acts. The cost of Florida EPL Insurance coverage will fluctuate widely based on the size of an operation, the number of employees, type of business, and various other risk factors.  EPL coverage will reimburse an operation for legal, judgment and settlement regardless of whether your operation wins or loses the claim.

At Newman Crane, we understand how important the happiness and well-being of your employees is to the success of your business. We also know that employee-related lawsuits are on the rise. That’s why our comprehensive portfolio of business insurance solutions includes full customizable Central Florida EPL Insurance policies.  As one of the premier insurance companies in Orlando FL, we can help business owners protect themselves, their employees and all their assets from the countless risk exposures they face. To learn more about our operation, give us a call today at (407) 859-3691.

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Identifying the Signs of Orlando Workers Comp Fraud

Identifying the Signs of Orlando Workers Comp Fraud Identifying the Signs of Orlando Workers Comp Fraud

Workers compensation coverage is a vital part of any Orlando business’s risk management strategy. Orlando workers comp coverage is designed to help protect employers from unnecessary litigation while ensuring that employees get the medical care they deserve and compensation for lost wages and other expense. While this coverage is vital, it has also become a common forum for fraudulent activity and illegal scheming, which can end up hurting employers.

There are many exposures to workers compensation fraud, however the most common which can affect Orlando businesses include:

  • employees who fake an injury or falsify a claim in order to collect benefits or continue collecting benefits
  •  health care providers who engage in wrongful billing or advising practices.

While the vast majority of workers and medical care providers are very honest and only a small number attempt to manipulate the system for personal gain, the damage of workers compensation fraud are often severe when these instances do occur. According to industry reports, billions of dollars in false worker’s compensation claims surface each year, which in turn cause worker’s compensation premiums to increase, affect business productivity and can even affect employment rates.

Employers should be on the look-out for warning signs of Orlando workers comp fraud in order to best protect their operation from financial losses and complications. Here are a few common red flags:

  • Injuries without witnesses
  • Injuries reported in the evening on Friday or early Monday
  • Late reporting of an injury or accident
  • Unclear story about how, when and where the injury occurred
  • Injury that are inconsistent with the type of activities performed by the employee
  • Frequency of claims made or accident involvement
  • Conflicting diagnoses or treatment plans from healthcare providers
  • Evidence that an employee is blatantly fabricating the injury

Instances of Orlando Workers Comp fraud can be devastating for employers, however with cautious claim management and oversight businesses can protect themselves from losses. At Newman Crane, helping you protect your business from the financial consequences of workplace injuries with thorough Workers Compensation insurance while promoting workplace safety is one of our specialties. Our Orlando insurance agency works with the best carriers around to find you the most comprehensive coverage at the most affordable rates. Orlando Workers Comp helps ensure that an ill or injured employee will receive the medical treatment he or she requires, and helps gets your workers back on the job. To learn more about our operation and all of our business solutions, give us a call today at (407) 859-3691.

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Orlando Classic Car Insurance: Tips for Long Term Storage

Orlando Classic Car Insurance: Tips for Long Term Storage Orlando Classic Car Insurance Tips for Long Term Storage

Inactivity can be as damaging to the vehicles as it can be to humans. Storing your classic and collectible vehicles over the winter or longer periods of time can wreak havoc on the health of your baby. Cracked and rotting rubber, rusting and corroding metals, chipping and blistering paint; these are just a few of a host of complications which can befall your prized vehicles if proper care in not taken before storing these autos. Here are a few tips from the experts to help keep your classics and collectibles safe in storage in ready for their next ride.

  • Wash up. Experts suggest that giving your classic cars a thorough wash and detailing is the best way to start preparing your vehicle for storage. A thorough cleaning will help cleanse your vehicle of all the road grime and debris from the external components of your vehicle. It is also important to make sure the interior of your vehicle has been vacuumed and cleansed so that no hidden food crumbs or sticky stains will attract unwanted critters.
  • Replace the fluids: During long term storage, some of the chemical components of many different vehicle compounds can start to break down, in doing so they can corrode the metal surfaces and engine parts they come in contact with. To avoid this, experts recommend that owners drain the existing fluids from the vehicle and replace those fluids with fresh clean ones before long term vehicle storage.  Start by draining all the engine oil, transmission fluids and gasoline. Experts recommend draining the fluids while the car is still warm when possible which will allow the warm liquids to pick up and emulsify contaminants and particle. Fuel takes should be free of any old gasoline which can spoil and cause problems during storage. Professionals suggest that owners fill the vehicle’s fuel tank 95% full with new fuel and add stabilizer which can help keep the fuel for up to a year.
  • Get greasy: During long term storage latches, joints and other movable parts have a higher likelihood of rusting or sticking due to inactivity. To avoid this, all hood latches, joint locks, wheel bearing, and other hinged components should be greased and lubricated prior to storage, to avoid corrosion, sticking and other lubricated as well to avoid rotting and detonation.
  • Protect your battery: Leaving the battery in the vehicle stored vehicle will not only allow the battery to die out, but it could also lead to corrosion. It is best to remove the battery from your vehicle and store it carefully in a dry, non-concrete place.

Protecting classic cars is no easy task. It takes a great deal of experience and expertise, especially when finding the right insurance coverage to protect your prized collectables from damage, theft and other losses. At Newman Crane, one of our areas of expertise is finding comprehensive coverage for classic vehicles. We have offered Orlando Classic Car insurance to owners throughout Central Florida for many years. As such, our Orlando classic car insurance specialists are devoted to protecting the passion and detail classic car lovers and collectors put into their investments. We can help motor enthusiasts find the best Orlando classic car insurance Orlando FL has to offer. Give us a call today at (407) 859-3691 to learn more.

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