Start the new year by securing a stronger understanding of insurance and risk management strategies for your business! Join us for a three-part training series tailored to the automotive and tire industry. Each session will dive into critical topics, from property and liability insurance to specialized coverage considerations, ensuring your business stays protected in a complex landscape. This training is ideal for shop owners, managers, and any professionals responsible for risk management decisions. Each session is from 12:00-1:00pm. The Virtual Meeting link will be sent out prior to each session. The sessions are January 8th, 15th, and 22nd. Please plan to attend all 3 sessions.
Session Details
📅 Day 1 – January 8th: Property Insurance Essentials
Explore foundational aspects of property insurance to safeguard your assets. This session will cover:
Replacement cost
Co-insurance issues
Flood protection
Business Interruption coverage
Ordinance or law considerations
Crime and Cyber security
Coverage for employee tools
Protecting other people’s property
📅 Day 2 – January 15th: Liability Coverage Insights
Learn about liability coverage specifics that address unique risks in the automotive industry. Topics include:
Hired and non-owned auto coverage
Garage keepers coverage – direct vs. legal options
Mechanics Errors & Omissions (E&O)
Pollution liability
3rd party cyber risks
Employment-related practices
Dealer operations
Towing operations
Coverage for loaners
📅 Day 3 – January 22nd: Workers’ Compensation and Beyond
Our final session will focus on workers’ compensation and related considerations for a safer, compliant workplace. Agenda highlights include:
Who needs workers’ compensation?
Employers liability and employee liability
Claims handling best practices
Rate determination factors
Experience modification, with insights from the North Carolina Rate Bureau
Job-specific class codes – Scopes manual
Payroll reporting essentials
Audit preparation and expectations
Why Attend?
Gain practical insight that can protect your business and employees, reduce liability, and ensure compliance. Our sessions led by IGO Insurance are designed to equip you with the knowledge to make informed decisions and to minimize risks in every area of your shop.
https://app.glueup.com/event/insurance-and-risk-management-training-124980/