What is workplace violence insurance coverage for small businesses?
Workplace Violence insurance coverage helps small businesses recover from a violent event. Covering a broad range of incidents, this coverage goes beyond typical General Liability and Workers’ Compensation coverage.
While that’s good, it’s not near enough to cover the realities of these events. Coterie’s Workplace Violence coverage, in partnership with Berkley Re Solutions, also offers small businesses with needed help with education and risk management when an event happens.
Key Workplace Violence coverages include:
- Business Interruption
- Crisis Management Expert
- Public Relations Consultant
- Mental Health Counselling
- Site Security Services
- Bio-Hazard Clean-up Expenses
- Burial Expenses
- Reward Expenses
- Temporary Expenses: Location & Employees
- Travel Expenses
Learn more about Workplace Violence Coverage
Small businesses need the right coverage.
Is Workplace Violence coverage the right for you?
Securing small businesses with Workplace Violence Coverage
Did you know?
One out of every five occupational fatalities is attributed to workplace violence.
Workplace violence can strike anywhere, and no one is immune. Workers at increased risk include those who exchange money with the public; deliver passengers, goods, or services; or work alone or in small groups, during late night or early morning hours, in high-crime areas, or in community settings and homes where they have extensive contact with the public.
The average loss to all US businesses each year from workplace violence totals between $250B – $350B.
Protect your hard work with the right coverage from Coterie.
Who needs Workplace Violence insurance coverage?
Don’t wait for the unthinkable to happen to have coverage in place. Workplace Violence insurance coverage is there for you and your business during extremely difficult events. The coverage also provides education including tools, tips, and training.
Small business insurance made easy.
Interested in obtaining Workplace Violence coverage? Connect with an agent today.
Common Questions about Workplace Violence Insurance
Workplace Violence coverage provides peace of mind if the unimaginable occurs.
Let’s break down some of the common questions about Workplace Violence Insurance.
Workplace violence coverage helps protect a company’s liability in the event of an act of violence taking place on company premises.
Acts of violence include any intentional and unlawful use of deadly force by a natural person with the intent to harm which directly or indirectly results in serious bodily injury or death to anyone on or within 100 feet of the premises for a lawful purpose.
A Workplace violence event is any intentional and unlawful use of deadly force with the intent to harm which results in serious bodily injury or death to an insured person.
The insured person includes any employee, owner, manager, directors
and officers, or any customer or guest of the named insured on the
premises for a legal purpose.
No, the Workplace Violence Coverage endorsement does not specify or limit coverage to specific weapons. A perpetrator could use any object or means to cause serious bodily injury.
Small businesses desperately need help when a violent event occurs and the proper response to such events requires real-time expertise. Workplace Violence coverage provides Crisis Management, Mental Health Counseling, Security Services, and Public Relations expertise when an Event occurs and coverage for such expenses is included in the Workplace Violence endorsement.
In addition, the typical Business Interruption policy requires physical damage to the premises for coverage to respond but the Workplace Violence endorsement only requires the actual and necessary suspension of business due to a covered event for this coverage to respond. Other available coverages in the Program are designed to respond to specific expenses including Biohazard Clean-up, Burial, Reward, Temporary (location and employees), and Travel expenses
We provide you with an educational portal where you can explore a variety of risk mitigation and educational tools. We vet and manage a host of expert vendors for the very specific needs of these type of events.
Coterie offers workplace violence coverage as an endorsement on BOP and GL policies. Agents and brokers can add this coverage under the endorsement tab in Dashboard.
In general, no. Our Workplace Violence coverage is much broader than “Active Shooter” and does not specify or limit coverage to specific weapons.
First, report the claim to Coterie. In the unfortunate event of a workplace violent event, our specialty-trained partner who has experience with violent events will handle the claim and guide you through the recovery process.
