Blog - RSCS

10 Insurance Terms Explained in Plain English

If it's your first time shopping for insurance for your business, insurance terms can be a real stumbling block. Even for old pros, a fresh perspective on a familiar topic can help you better understand what really matters. Here's a look at 10 common but confusing insurance terms explained in plain English to make your [...]

By | January 3rd, 2022|Insurance tips|Comments Off on 10 Insurance Terms Explained in Plain English

Wintertime Risk Management Checklist

The approach of cold temperatures and wintery weather can lead to an increase in certain claims. The reasons for winter claims can vary, but all ultimately relate to the unique challenges posed by wintertime. It's easy to forget about these seasonal risks when the ice thaws and the sun comes out, but a quick refresher [...]

By | December 2nd, 2021|Risk management|Comments Off on Wintertime Risk Management Checklist

3 Tips for Training Employees on Cybersecurity

Over the last few years, franchise businesses have become a favorite target of cyber criminals. Hackers have stolen password credentials, company records and customer credit card data from thousands of well-known establishments. Most franchise businesses do not consider themselves at high risk for hackers, but the consequences of a cyber attack are serious. Claims and [...]

By | November 3rd, 2021|Risk management|Comments Off on 3 Tips for Training Employees on Cybersecurity

A Guide to Switching Insurance

As your business insurance policy comes up for renewal, it's natural to wonder if you might be able to get a better deal or access better customer service. Perhaps you're reading this blog, but currently have coverage through someone else. As a business owner, switching insurance is particularly daunting. Finding coverage that protects your assets [...]

By | October 5th, 2021|Uncategorized|Comments Off on A Guide to Switching Insurance

5 Most Common Insurance Misconceptions

Lack of good information has led to plenty of misconceptions about franchise business insurance. We wanted to take the opportunity to set the record straight about the 5 most common insurance misconceptions out there. 1. All insurance is basically the same. It’s a common insurance misconception that all insurance is basically the same. The thought [...]

By | September 9th, 2021|Insurance tips|Comments Off on 5 Most Common Insurance Misconceptions

Hurricane Preparedness for Fast-Food Restaurants in an Above-Average Season

Experts recently revised this year's forecast for an above-average hurricane season with up to 20 named storms and nine named hurricanes. There have already been five named storms, with Tropical Storm Elsa causing damage and destruction from Florida to the Northeast, including dramatic flooding in New York City's subway system. In addition to the weather, [...]

By | July 28th, 2021|Risk management|Comments Off on Hurricane Preparedness for Fast-Food Restaurants in an Above-Average Season

BOPs for Fast Food Restaurants

Restaurant customers often order a combo meal, since it has everything most people need—entree, side and drink. Packaging a burger, fries and a soda into a combo meal makes a lot of sense, and it's similar to how a Business Owners Policy (BOP) works in insurance. A BOP makes it easy to get the standard [...]

By | June 29th, 2021|Risk management|Comments Off on BOPs for Fast Food Restaurants

Taking A Proactive Approach to Insurance Market Trends

There is high hope that 2021 will be a better year for restaurants than 2020, and with good reason. Some trends are now moving in the right direction and some market shifts appear close to their peak. Most importantly, many insurance carriers and restaurant owners are embracing a proactive approach to the challenges that remain, [...]

By | June 2nd, 2021|Insurance tips|Comments Off on Taking A Proactive Approach to Insurance Market Trends

Driver Safety Tips for Fast Food Restaurants

If your fast food restaurant offers food delivery or other mobile services, your business faces certain risks that others don’t. Having employees that drive for work and company vehicles that need to be serviced and maintained increases your exposure to accidents, claims and liability lawsuits. Driver safety is paramount when it comes to minimizing your [...]

By | May 3rd, 2021|Risk management|Comments Off on Driver Safety Tips for Fast Food Restaurants

Types of Employment Practices Claims

Employment practices refers to the part of your business that deals with hiring, firing and everyday workplace interactions. Employment practices liability claims alleging workplace discrimination or sexual harassment are increasingly common. In fact, the restaurant industry experiences more claims of misconduct than any other, according to the Harvard Business Review. With as many as 90% [...]

By | April 23rd, 2021|Insurance tips, Risk management|Comments Off on Types of Employment Practices Claims