The ONE Mistake That Could Bankrupt Your Company Overnight (And How to Stop It)

In this conversation, Michael James Johnson HVAC Tech discusses essential strategies for protecting a company from liabilities associated with employees driving vehicles and managing property damage. He emphasizes the importance of having proper documentation, insurance information, and relationships with service providers like tow companies. Additionally, he highlights the significance of using technology, such as dash cams and documentation apps, to safeguard against potential claims and liabilities.takeawaysYou need to protect yourself from vehicle liabilities.Have a folder in the vehicle with essential documents.Include a copy of your insurance in the vehicle folder.Create a checklist for employees in case of an accident.Establish a relationship with a reliable tow company.Dash cams can provide crucial evidence in accidents.Document everything with photos, signatures, and recorded calls.Liability for property damage can last up to 10 years.Always write down what was not done on invoices.Using technology can help protect your company and employees.