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EPLI Insurance / EPLI Coverage 2016-11-04T19:14:32+00:00

EPLI Insurance – EPLI Coverage

No company – regardless of size – is immune to employment practices lawsuits. It doesn’t matter how well trained your managers and employees are in how they handle human resources at your facility. The truth is, your company, like any other, can fall victim to employee litigation. That’s why you need Employment Practices Liability Insurance, or EPLI Insurance for short.

The number of lawsuits filed by employees continues to rise in this country. Lawsuits for discrimination – the most common form by the way – totaled 93,727 in 2013 alone, according to the U.S. Equal Employment Opportunity Commission. Other common types of employee litigation include:

  • Workplace harassment/sexual harassment
  • Retaliation
  • Discriminatory discharge
  • Wrongful termination
  • Failure to promote
  • Negligent evaluation

Without EPLI Insurance – You are a Target…

Whether you’re a small business with a few employees or a large corporation with thousands of employees, you could be the target of litigation, which may or may not be determined to be your fault. You’ll still have to pay for a legal defense, reputation management, and lost productivity in addition to any settlements or judgments. Can you take that kind of hit? We didn’t think so.

Here at The Kerr Agency, we cater to a variety of clientele in a variety of industries, including:

  • Auto dealerships
  • Staffing organizations
  • Banks
  • Healthcare organizations
  • Hotels
  • Law Firms
  • Municipalities
  • Professional Employment Organizations (PEOs)
  • Retailers
  • Restaurants
  • Grocery stores

When you call us, one of our knowledgeable agents will discuss your options in full with you so you can make the most educated decision about which EPLI insurance or EPLI coverage is best for your individual needs. Employment Practices Liability Insurance protects you against the associated risks of running your business, covering anything from wrongful termination and sexual harassment to contract violations and wage and hour law violations.

Unfortunately for you as a business owner, the court system tends to rule in favor of employees in these types of cases. You can’t afford to lose the business you took so much care to build. Just one claim can mean the difference between flourishing in your industry and having to close your doors. With the average employee award clocking in at $325,000 and 40 percent of claims being brought against companies with under 100 employees, you could have a very real problem on your hands if you’re not prepared.

Sure, you could keep a legal team on retainer for these types of occurrences, but it’s far more affordable just to take out an EPLI Insurance policy instead. The Kerr Agency, as your professional commercial lines property and casualty insurance broker, specializes in connecting clients with cost-effective, comprehensive, customized insurance solutions. Call us today at 732-383-5865 to speak with a skilled representative about your Employment Practices Liability Insurance needs.