With caravan and camper-trailer sales at an all-time high, now's the time to make sure your insurance policy is suited to your increase in production and business operations.
After 18 months of rolling lockdowns and closed international borders, the coronavirus pandemic has created a shift in the age of people interested in buying caravans and campervans. As a result, Australian caravan and camper trailer production is now booming with sales hitting a 30-year high.
Even though the increase in production and sales is great news for local manufacturers, it inevitably brings about a greater risk for workplace mistakes and accidents - and this risk can increase by as much as 37%.
So to help you manage and minimise your risk during this production boom, here are some tips to consider:
Review your workplace safety procedures
Are your staff properly trained on using certain equipment? Are they working long shifts or a lot of overtime? Have you identified all of the hazards in your workplace? Are you processes well-communicated and is proper signage being used?
Review your insurance policy
Make sure your level of cover is suited to your increase in production and business operations. This may mean a small increase to your premium, but it will make sure that your business is properly covered should you need to make a claim.
Midland Insurance Brokers specialise in providing insurance for the Caravan and Camper Trailer industries. This includes manufacturers, wholesalers, retailers, dealers, suppliers and repairers.
Also, you can learn more about Midland Insurance Brokers
Sources: hbr.org, Inc.com, abc.net.au, caravanindustry.com.au
With caravan and camper-trailer sales at an all-time high, now's the time to make sure your insurance policy is suited to your increase in production and business operations.
After 18 months of rolling lockdowns and closed international borders, the coronavirus pandemic has created a shift in the age of people interested in buying caravans and campervans. As a result, Australian caravan and camper trailer production is now booming with sales hitting a 30-year high.
Even though the increase in production and sales is great news for local manufacturers, it inevitably brings about a greater risk for workplace mistakes and accidents - and this risk can increase by as much as 37%.
So to help you manage and minimise your risk during this production boom, here are some tips to consider:
Review your workplace safety procedures
Are your staff properly trained on using certain equipment? Are they working long shifts or a lot of overtime? Have you identified all of the hazards in your workplace? Are you processes well-communicated and is proper signage being used?
Review your insurance policy
Make sure your level of cover is suited to your increase in production and business operations. This may mean a small increase to your premium, but it will make sure that your business is properly covered should you need to make a claim.
Midland Insurance Brokers specialise in providing insurance for the Caravan and Camper Trailer industries. This includes manufacturers, wholesalers, retailers, dealers, suppliers and repairers.
Also, you can learn more about Midland Insurance Brokers
Sources: hbr.org, Inc.com, abc.net.au, caravanindustry.com.au
