Risk Management in Central Virginia
BCLS Snow and Ice Management of Central Virginia
Property managers have a lot to contend with when it comes to the day-to-day running of a property or community. Whether it be a commercial office space, a multi-family community, apartment complex, hospital, institution, or big-box store. While each of these facilities have their own unique vulnerabilities and concerns, careful attention to injury prevention is essential for risk management.
Your biggest risks does not come from Mother Nature, your biggest risk comes from how you manage your snow and ice services and how your contractor manages your risk.
When it comes to keeping employees, customers, and visitor’s safe, there are many risks that property managers need to be aware of, including today’s threats posed by terrorism, active shooters, fires, building collapse, and other catastrophic events.
But during wintertime, simple slip and fall injuries due to snow and ice pose a significant threat, and preventing these mishaps needs to become a major priority. A review of some shocking slip and fall statistics demonstrates that insufficient attention to these risks can have huge consequences.
Falls are a leading cause of injury in general…
The National Center for Injury Prevention and Control, a division of the Centers for Disease Control and Prevention (CDC), keeps yearly statistics on injuries. The most recent data available indicates that unintentional falling is the leading cause of nonfatal injury across all age groups except 10-24. For ages 10-24, unintentional fall is the second leading cause of nonfatal injury.
When evaluating these statistics, it’s important for organizations to consider how vulnerable they are to this specific injury. In large facilities, it’s a particular concern, especially if pedestrian traffic tends to be frequent or rushed.
For example, people rarely walk leisurely into a supermarket. More often, they are hurried, which puts them at great risk for falling on snow or ice. The same can be said for a busy office building or institution. Cold conditions tend to not slow people down, but rather, make them move faster. And naturally, the busier your organization, the more often these injuries are likely to occur as people try to conduct their business quickly and get in and out.
A lucky person who slips and falls on ice gets up and walks away. But many are not so lucky. Each year, more than 800,000 people are hospitalized due to a fall injury. The most common reason for hospitalization is either a hip fracture or a head injury. In fact, the majority of traumatic brain injuries are caused by falls.
The high cost of a simple misstep…
CDC statistics indicate that the medical cost for these fall injuries top out at $34 billion every year, with hospital costs amounting to two thirds of the total. Adding in the costs for medication, physical therapy, and durable medical equipment, and it’s easy to see why just one slip and fall injury can be a huge financial burden for the person injured, as well as those responsible.
A hefty insurance claim…
Your liability or workers compensation insurance will shoulder a good portion of these costs, but the claim for a single incident may be much higher than you’d expect. The Snow and Ice Management Association presents some interesting statistics provided by the Maine Department of Labor and leading insurance companies. A study performed on a recent winter season indicated that the average claim for a snow- or ice-related slip and fall injury is $33,000. A worker’s compensation claim for the same injury averages $48,000.
Rising costs of workers comp…
If your business or organization employs people who spend a good part of their workday outdoors, workers compensation claims during wintertime can be a frequent occurrence. The Insurance Information Institute reports that Accident Fund Insurance Company of America and United Heartland, two specialists in workers compensation insurance, estimate that slip and fall injuries comprise 29 percent of all workers compensation claims.
There is good reason to be concerned about this, as Business Insurance magazine reports that employers renewing their policies are likely to see increases in their policy prices. In addition, the economic loss caused by business disruption and the cost of hiring replacement workers make employee injuries due to falls on snow and ice a hazard that must be avoided.
Prevention doesn’t have to be expensive…
Plowing and salting of parking lots is a necessary expense in winter climates, and in climates such as Central VA, a cost that is hard to budget for due to the variations of our winters. At BCLS Snow & Ice Management we have a simple saying, “Quality snow and ice control is not paid for in price, it’s paid for in unparralled service”. Nevertheless snow and ice control in Central Virginia is a yearly expense that can’t be avoided.
Interested in learning more about our BCLS, LLC Snow & Ice Management Services?
Contact us at (804) 752-0052 or visit us online at BCSL Snow and Ice Management LLC.
We offer comprehensive risk management
for HOA’s, Apartment Homes and Multi-Family communities throughout all of Central Virginia