Estimates place over 5 million square feet of commercial space in The Villages. Experts expect that number to grow. When doing business, all commercial ventures pose liability risks to their patrons. Given the proportion of older residents in the area, local business owners must make their properties safe for all patrons. How can you do so?
The Villages is one of Florida's premier retirement communities. It's one of the few to cater almost exclusively to residents over a certain age. Still, within its business sector, there's a lot of chances for someone to sustain injuries. Start now to make your business safer for your patrons.
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Common Liability Risks in Commercial Spaces
There's always a chance a patron could get hurt when visiting your business. Among the common injuries within commercial spaces are:
- Slips and falls (and resulting injuries)
- Strains or muscle injuries from lifting objects
- Cuts, abrasions or other harm from handling stock
- Injuries in parking lots
- Food-borne illness and burn injuries (in dining establishments)
In any of these cases, the injured party's medical and personal costs could skyrocket. That could lead to significant financial strain on the part of that individual. Given the high population of older residents in The Villages, businesses who face these accidents might find them even more serious. Medical needs tend to be higher, recovery times longer and financial hardships deeper.
The injured party could request compensation or sue the business, for their losses. General liability insurance could help the company settle these claims. Make sure you receive adequate coverage for these losses. Most policies include minimum limits of $1 million.
Preventing Liability Injuries in Your Business
If you must face a liability claim, your insurance can protect you. Nevertheless, you should do what you can to prevent such accidents in the first place.
- Keep all floors and walkways clean and clear of debris. When cleaning floors, place Wet Floor signs in damp areas.
- Check risky areas, such as bathrooms or narrow aisles, for potential fall risks. Isolate and rectify these problems immediately.
- Place warning signs near risky items or locations in the business. For example, warn about potentially breakable or dangerous stock. Mark steps or blind corners.
- Inspect all furniture and appliances on the property. Repair them as needed, and remove damaged items.
At the end of the day, you should take an exhaustive risk management approach to your business. Every small problem you see, you should correct. Keeping a safe space could make the difference between a liability injury, and a smooth business day. Don’t put your customers in harm's way.
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