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Most business owners take insurance issues into account. After all, things like theft, fire, and property damage can have a devastating impact on one's business, and an owner needs to protect his or her interests. But there are other insurance matters that are less frequently considered, and yet they are no less important. Attorney David Schmidt of Woodlawn Lawn Offices has been a small business and corporate lawyer in the O'Fallon, Missouri, area for over 25 years. Here, he shares three vital but overlooked areas in which insurance coverage is key to looking after your business.

  • Customer Injury: When a customer sustains an injury in your place of business, you could very well be held legally accountable for that customer's injuries. This means high payouts for medical bills, lost wages, and pain and suffering. Insurance can go a long way in safeguarding your business from these types of legal situations. Similarly, if an employee is injured in your workplace, you'll want to have workers' comp insurance in place.
  • Product Liability: If you create a product that turns out to be dangerous to the public, you could receive a call from a personal injury lawyer and be slapped with a lawsuit. In cases where your product has injured many consumers, you might even face a class-action suit. In both of these instances, insurance can give you a certain level of security. Woodlawn Law Offices is here to represent your interests should you have to deal with a product liability lawsuit.

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  • Reputation Damage: Insurance for your reputation? Yes, it's very real in our hyper-connected modern world. Your brand, image, and respectability are all critical elements of your reputation, and they should be taken seriously. If your reputation has been damaged, let lawyer David Schmidt help you hold the responsible parties accountable.

Call Attorney Schmidt at Woodlawn Law Offices today at (636) 240-6667 to arrange a consultation. As a competent, honest, and experienced small business and corporate lawyer, workers' comp attorney, and personal injury lawyer, he is well-versed in several critical legal areas and understands how to best protect your business. You can also visit the firm online to learn more about Attorney Schmidt and his services.

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