If your phone rings and the voice on the other end states he/she is a representative of your commercial insurance carrier and would like to schedule an insurance loss control survey and inspection at your North Carolina business, the best thing you can do is open the door to your business wide open.

What is a Loss Control Survey? 

A loss control survey and inspection is an individual assessment at your business to evaluate possible hazards (fire hazards, water leaks, etc.) that may negatively impact your business operations or harm your employees. The overall goal of this inspection is to create a safe working environment and prevent future losses from happening. Your North Carolina commercial insurance carrier will send somebody to your operation to tour, take measurements, and discuss any concerns they may have regarding safety.

Investigate and Survey

The consultant may ask many questions regarding the type of business, sales volume, square footage of the building, construction class and building value to name a few. They also may inspect your fleet of vehicles, analyze your cash flow and review your hiring process. Furthermore, the inspector will look at factors such as roof age, fire suppression system (sprinklers), heating systems, and security methods.

Safety First!

Your assigned consultant will make sure your N.C. business is implementing safety standards such as:

  • NFPA Fire Codes (National Fire Protection Association)
  • OSHA (Occupational Safety and Health Administration)
  • CPSC Guidelines (Consumer Product Safety Commission)

Survey Completion

As soon as your survey is complete, your N.C. commercial insurance representative will share his/her findings with you so there will be no surprises when you receive the formal correspondence. Remember that the consultants are here to help you identify hazards, correct any situations that endanger the business, and implement loss prevention methods.

This is a perfect time for you to ask questions while the inspector is there. Everyone has their own grand idea on how to build a successful loss control program and your consultant can help implement these great ideas.

Information Shared

All the information gathered during the survey and recommendations on improvements is then forwarded to your commercial insurance carrier’s underwriting department who will, in turn, review your policy to make sure your business needs are being met. All business operations carry potential risks regardless of the size, location or type of industry.

A routine analysis of your business will allow for a safer working environment. To learn more about the N.C. loss control survey and inspection, contact your N.C. independent insurance agent.

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