Maintaining a secure environment is essential when running a business. Being proactive in security is the best strategy as opposed to relying on the insurance safety net.
Statistics show that U.S. businesses lose more than $50 billion a year due to theft. Regardless of what your business sells, keep your products, files, and employees safe with these security improvements.
#1) Lighting
Securing your business begins with illuminating the exterior. Burglars typically target businesses and buildings that are poorly lit because it conceals their activities. To prevent this, install high-powered, motion-sensing lights around the exterior, ensuring that these lights cover entry points like doors and windows. It seems like a simple deterrent but can work wonders in keeping your company safe.
#2) Cash Safe
If your business conducts cash transactions on a regular basis, a safe is a smart investment that can lower your risk of theft. Often made of thick steel and only accessible with the corresponding PIN or key, they offer a secure place to store cash and other valuables. As a side benefit, some insurance companies offer discounts on commercial insurance for businesses that have and use safes.
#3) Alarm System
Most burglars will think twice before breaking into a business that's protected by an alarm system. Although there are many types of alarm systems, they are typically designed to create a loud sound when an unauthorized individual enters the premises. Assuming your system is monitored, intrusion will also notify the alarm company as well. A worker from the company will then attempt to contact you to request the password. And if you don't respond, or if you provide an incorrect password, they'll contact the local police. Alarm and sprinkler systems are almost always a benefit in the eyes of your insurance companies. Most will offer discounts because of your proactive investments in security. Be sure to ask your insurance broker if they don't mention it.
#4) Video Surveillance
In addition to an alarm system, install a video surveillance system at your business. With a video surveillance system, you'll see exactly what's happening at any time. Some surveillance systems even support real-time video monitoring, allowing you to view footage from a remote location.
According to Pro-Vigil, there are two different types of video surveillance systems available for businesses: closed-circuit television (CCTV) and Internet Protocol (IP). The fundamental difference is that only the latter is connected to the internet. A CCTV video surveillance system may transmit footage to a locally connected monitor, or it may store footage on a local storage device. An IP video surveillance system can perform these operations, but it also supports remote viewing so that you can watch footage over the internet.
Don't let theft, vandalism, or other illegal activities hurt your business. Add these four upgrades to create a stronger and more secure business.
Reach out to Alliance today to review your commercial insurance coverages for risks you may not be aware of. Just need a little information to get started.