Commercial Insurance Tips for Logan Ohio

Hocking County, Ohio, encompassing Logan and the Hocking Hills, is renowned for its scenic beauty and rolling foothills. However, the county also has a history of industry. We are proud to offer commercial business insurance to the owners and entrepreneurs of Hocking County, as well as those throughout Southeast Ohio.

Hocking County’s Economy Leans on These Industries

• Tourism: Hocking County is renowned for its beautiful natural scenery, particularly the Hocking Hills region and Old Man’s Cave. This makes tourism a major driver of the local economy. Visitors come for hiking, camping, exploring caves, and enjoying the scenic beauty. This supports a wide range of businesses, including lodging, restaurants, attractions, and retail.
• Healthcare: As mentioned before, healthcare is a significant industry in most communities, and Hocking County is no exception. Hocking Valley Community Hospital is a major employer, and there are likely other healthcare providers and related businesses in the county.
• Manufacturing: While perhaps not as dominant as it once was, manufacturing still plays a role in Hocking County’s economy. Smead Manufacturing, which produces office supplies, is a major employer in the area. There may be other manufacturing businesses operating in the county as well.

It’s worth noting that other sectors also contribute to the local economy:

• Education: The Logan-Hocking School District and other educational institutions provide employment and services.
• Agriculture: While perhaps not as prominent as in some other rural areas, agriculture still has a presence in Hocking County.
• Retail: Retail businesses serve the local population and tourists.

Commercial Insurance Tips for Logan Ohio

We’ve been providing commercial insurance for our clients for decades, which commonly include people in the real estate industry, as well as travel and tourism, and of course restaurant owners.

Travel and Tourism:

• Specific Risks: This industry faces unique risks like accidents during tours, injuries at accommodations booked through them, and even liability for the actions of third-party providers they partner with (e.g., transportation companies). They might also face risks related to trip cancellations or interruptions due to unforeseen events.
• Professional Liability (Errors & Omissions): Crucial for travel agents and tour operators. Covers mistakes in booking, inaccurate information provided to clients, or failing to deliver promised services.
• General Liability: Covers common accidents like slips and falls in their offices or during guided tours.
• Travel Agent Errors and Omissions: This specialized coverage is designed to protect against claims arising from mistakes in travel arrangements, such as incorrect flight bookings, visa issues, or hotel reservation problems.
• Contingent Liability: If you recommend or book third-party services (like a local tour or activity), you could be held liable for their actions.
• Adventure Tourism: If the business involves adventure activities (hiking, rafting, kayak insurance, etc.), specialized liability coverage is absolutely essential due to the increased risk of accidents.
• Force Majeure: Understand how your policy addresses cancellations or interruptions due to events outside your control (natural disasters, political unrest, etc.).
• Client Waivers: While waivers are helpful, they aren’t a foolproof defense. Insurance is still necessary.
• International Travel: If you book international travel, ensure your policy covers incidents that may occur abroad.

Restaurant Owners:

• Slip and Fall Accidents: A major risk in restaurants. Good general liability coverage is essential.
• Food Poisoning: Product liability insurance is crucial to protect against claims related to foodborne illnesses.
• Liquor Liability: If you serve alcohol, liquor liability insurance is usually required. It covers damages caused by intoxicated patrons.
• Kitchen Fires: Property insurance is essential to cover damage to the restaurant from fires or other events.
• Employee Injuries: Workers’ compensation insurance is typically mandatory and covers injuries to your staff.
• Food Spoilage: Consider coverage for losses due to power outages or equipment malfunctions that cause food to spoil.
• Business Interruption: If a fire or other event forces you to close, business interruption insurance can cover lost income.
• Contamination: Coverage for contamination of food, whether accidental or malicious.

Rental Agents (Real Estate):

• Errors and Omissions (E&O): Vital for rental agents. Covers mistakes in paperwork, misrepresentation of properties, or failing to disclose important information.
• Fair Housing Violations: Coverage for claims of discrimination in housing practices.
• Property Management Liability: If you manage rental properties, you need coverage for issues related to property maintenance, tenant disputes, and other management responsibilities.
• General Liability: Covers accidents that may occur on properties you manage (if you have that responsibility).
• Data Breach: If you handle sensitive tenant data, cyber liability insurance is important.
• Key Control: If you hold keys to properties, consider coverage for losses or damages related to lost or stolen keys.

General Tips for Business Insurance:

• Regularly Review and Update: Think about how much your job has changed and evolved over the years. These industries are dynamic. Review your policies annually (or more frequently) to ensure they still meet your needs.
• Communicate with Your Insurer: Keep your insurer informed of any changes in your business operations. Ask for an account rep and talk with them twice a year. Ask “what if” questions.
• Consider Bundling: Business Owner’s Policies (BOPs) can often bundle essential coverages at a lower cost.
• Don’t Underestimate Coverage Needs: It’s better to have slightly more coverage than you think you need than to be underinsured when a claim arises.

To get a more detailed picture of the industries in Hocking County, you could check out these resources:

• Hocking County Economic Development: This organization may have data on the key industries in the county.
• OhioSE Economic Development: This regional economic development organization may have information on Hocking County’s industries.
• Data USA: This website provides data on various aspects of communities, including industry and employment.
• Ohio Labor Market Information: This website provides data on employment by industry in Ohio.

Big Law Firms play a numbers game and their attacks can be jarring and very, very unsettling. Faceless insurance companies can be frustrating to communicate with, if they even communicate at all. That is why you need a middle man like licensed agent Brent Hartman to sit with you and assess your needs, and manage your account in a proactive manner moving forward.

The people of Logan, Ohio, and Southeast Ohio in general have a unique set of needs and challenges, and Brent has lived here all his life, and knows the lay of the land. Contact Us today to setup a meeting!