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Be a Responsible Dog Owner and Insurance

May 24, 2015 By Anna Brantley

Even normally docile dogs may bite when they are frightened or when defending their puppies, owners or food. However, the best way to protect yourself is to prevent your dog from biting anyone in the first place. The most dangerous dogs are those that fall victim to human shortcomings such as poor training, irresponsible ownership and breeding practices that foster viciousness.

“All dogs have the potential to bite, but for most, biting is a last resort,” said Victoria Stilwell, star of Animal Planet’s hit TV series It’s Me or the Dog. “If time is taken to raise, teach and socialize a dog correctly, the likelihood of a bite incident occurring is extremely low,” explained Stilwell, a passionate advocate for positive reinforcement training methods. “Confident dogs have less need to use aggressive behavior.”

National Dog Bite Prevention Week® (May 17-23, 2015), is an annual event designed to provide consumers with information on how to be responsible pet owners while increasing awareness of a serious public health issue.

Taking the following steps can reduce the chances of your dog biting someone:

  • Consult with a professional (e.g., veterinarian, animal behaviorist or responsible breeder) to learn about suitable breeds of dogs for your household and neighborhood.
  • Spend time with a dog before buying or adopting it. Use caution when bringing a dog into a home with an infant or toddler. A dog with a history of aggression is inappropriate in a household with children.
  • Be sensitive to cues that a child is fearful of or apprehensive about a dog and, if so, delay acquiring a dog. Never leave infants or young children alone with any dog.
  • Socialize your dog so it knows how to act with other animals and people.
  • Discourage children from disturbing a dog that is eating or sleeping.
  • Be cautious when exposing your dog to new situations in which you are unsure of its response.
  • Never approach a strange dog and always avoid eye contact with a dog that appears threatening.
  • Immediately seek professional advice from veterinarians, animal behaviorists or responsible breeders if your dog develops aggressive or undesirable behaviors.

The following organizations are committed to educating Americans about dog bite prevention:

  • American Academy of Pediatrics
  • American Humane Association
  • American Society for Reconstructive Microsurgery (ASRM)
  • American Veterinary Medical Association (AVMA)
  • Prevent The Bite
  • United States Postal Service (USPS)
  • Victoria Stilwell Foundation

Filed Under: Insurance News

Own a Small Business?

May 18, 2015 By Anna Brantley

The types and amount of insurance that you need for your small business are based on several factors. What type of business are you in? Where is your business located? Do you have employees?
You can evaluate your insurance needs—and start your search for insurance—by first considering the size of your business. Definitions of business sizes vary and can be based on the number of employees, total sales and earnings. The definitions below can help you determine where your business falls—and your insurance professional can provide guidance as well.
Home-Based Businesses
Many successful start-ups have often begun in a home. Typically home-based businesses consist of one or no additional employees and have relatively little revenue.
However, that doesn’t mean that the business shouldn’t be insured. Every business—including home-based businesses—should be insured against risk. According to the U.S. Small Business Administration (SBA), more than half of American businesses are based at an owner’s home—and too many fail to carry appropriate business insurance. While a home-based business is almost always by most definitions a small business, its location may require special attention to insurance coverage. Homeowners insurance alone will not necessarily cover your home-based business against business property loss or liability.
Small Businesses
Do you know all of your employees by name? Does your business make less than a few million dollars annually? If so, you’re most likely operating a small business. Some insurers consider businesses with 50 or fewer employees to be small businesses. The SBA defines a small business concern as one that is independently owned and operated, is organized for profit, and is not dominant in its field.
A common small business policy—called a BOP, for “Business Owners Policy”—is usually available only for businesses with fewer than 100 employees and revenues of up to about $5 million or less. While you can purchase customized insurance to cover your specific type of business, insurers offer standardized small business policies that enable you to affordably protect your company against the most common risks.
Medium-Sized Businesses
If your small business is succeeding and growing, you may have graduated into a medium-sized company. Again, definitions of business sizes vary, but if your company has between 50 and 1,000 employees with annual revenues between $10 million and $1 billion, you can seek insurance as a medium-sized business. Insurers have special policies designed specifically for this segment that may combine property and liability coverage. If your medium-sized business owns especially expensive equipment or has locations in more than one state, you may also want to seek special customized policies.
Large Businesses
Large businesses have at least 500 employees; revenue requirements are dependent on the type of business.
Large, complex businesses have multi-million dollar risks, and commercial insurance is customized to meet a company’s specific needs. Large companies even have employees dedicated to analyzing the potential causes of accidents or loss, recommending and implementing preventive measures, and devising plans to minimize costs and damage should a loss occur, including the purchase of insurance and managing claims. This practice is known as risk management. If you run a small business, you generally have to act as your own risk manager. Sometimes a small business will hire a risk management consultant. And an insurance professional can also help assess the risk for all business sizes. Thanks to iii.org

Filed Under: Insurance News

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Ocala, FL 34470

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