How can 48 hours Cost Your Business Thousands Of Dollars
Business Insurance Tasmania isn’t just about protecting against major disasters — it’s often the small, easily dismissed incidents that create the biggest headaches later.
And more often than not… the problem isn’t the incident itself.
It’s the delay.
It Didn’t Seem Like Much at the Time
A worker slips slightly on a damp surface.
They laugh it off.
“No harm done.”
No report is made. No notes taken. No follow-up.
Business continues as usual.
Until two days later…
When Small Incidents Don’t Stay Small
The same worker wakes up sore.
By the next day, they can’t perform their duties properly.
Now it’s an injury.
Now it’s a claim.
And suddenly, the timeline matters.
The 48-Hour Gap
That gap between the incident and the report can create real complications:
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- Details become unclear or forgotten
- Witness accounts differ
- Questions arise about when and how the injury occurred
- Insurers may require additional evidence
- Delays in treatment and support can occur
What seemed like “nothing” now becomes harder — and more expensive — to manage.
It’s Not About Blame — It’s About Process
This isn’t about pointing fingers.
It’s about having a simple, consistent approach:
If something happens… record it, even if it feels minor.
Even if everyone seems fine.
Because early documentation protects:
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- Your employee
- Your business
- Your ability to manage a claim smoothly
Safe Work Australia provides national guidance on workplace safety, employer responsibilities, and incident management here.
Where Insurance Fits In
Insurance is there to support you when things go wrong.
But the smoother the process, the better the outcome.
Delays — even well-intentioned ones — can:
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- Slow down claim approvals
- Increase costs
- Add unnecessary stress
That’s why early communication matters just as much as the cover itself.
A Simple Rule That Saves a Lot of Trouble
If there’s one takeaway from this, it’s this:
Report early. Every time.
It’s a small step that can prevent a much bigger problem.
How RSM Tasmania Can Help
RSM Tasmania works with local businesses every day to make sure incidents are handled properly — from the first moment through to resolution.
If you’re unsure whether something should be reported… it probably should.
And if you’re not certain what to do next, it’s far better to ask early than fix it later.
Remember, this article is general in nature and doesn’t take into account your specific objectives, financial situation, or needs. For advice tailored to your circumstances, have a chat with us at RSM Tasmania Insurance Brokers Hobart.
Talk to Roger Hosie and stay ahead with RSM Tasmania’s insights.
Call Now! (03) 6244 7854, or email .
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For more specific information on workers compensation in Tasmania, follow this link.
