Family entertainment centers are unique businesses and require specialized insurance policies to cover their unique risks. At Granite Insurance, we understand the importance of having an effective risk management strategy in place to protect your business. Here are four key questions you should ask about family entertainment center risk management.
What Are the Potential Safety Risks?
Family entertainment centers have a variety of safety risks that need to be managed and mitigated. From potential injury on equipment or rides to slips and falls on wet floors or uneven surfaces, it’s important to regularly inspect the facility for potential hazards — and make sure staff are properly trained in emergency protocols, including evacuation plans and first aid procedures.
Which Seasons Are Riskier for Operations?
Seasonality can play a major role in family entertainment center risk management, as certain times of year may present more potential risks than others due to increased foot traffic or weather conditions. For example, summertime typically brings more guests through the door but also increases the chance of sunburns and heat exhaustion. Winter could bring increased liability if visitors slip on the ice near the entrance.
How Can We Improve Security Measures?
Security plays an important role in reducing liability at family entertainment centers by helping protect against theft, vandalism, and other criminal activity. Installing surveillance cameras throughout the facility can help deter crime while employing security guards can provide an additional layer of protection.
What Strategies Can We Employ To Better Manage Our Insurance Costs?
Insurance costs can be kept low when adequate risk management strategies are in place at family entertainment centers. The right mix of general liability insurance, specialty insurance, and entertainment insurance will provide your business with proper coverage.
Asking these four questions about family entertainment center risk management will help ensure you have an effective strategy in place that keeps everyone safe while minimizing your costs over time. To develop a comprehensive risk management plan for your family entertainment center, contact our team at Granite Insurance today for a quote!
