FRIDAY, NOVEMBER 13, 2020
Reduce Theft Risks in Your Retail Business
Are your business insurance costs on the rise? In some cases, this may be due to numerous claims. If you are experiencing a number of claims or incidents of theft, it is time to look for ways to reduce them. Today, it is very easy for companies to improve security at a retail establishment. You do not have to invest in much to gain the security you need. What steps can you take?
In a retail establishment, your goal is to protect your assets. For this reason, you want to follow a few key rules.
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Always ensure the structure is secure. Most types of easy theft occur when there is no one at the location. Be sure you have secured locks and ample lights outside of the space near the doors.
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Be mindful of who is in your location and what they are doing. Be sure that someone is thinking about theft prevention throughout the opening hours.
Securing your structure is important. Yet, theft can still occur. There are a few other things you can do to minimize these risks.
Consider a Basic Security System
While it used to be that commercial alarm systems were very large and expensive components, this is no longer the case. A wide range of security systems can apply to the retail sector.
For example, you may find security systems with large lights and high decibel alarms you can sound. Many allow for video cameras that connect to your smartphone. That means you can be at home and be able to see when someone approaches your location. These products are typically less expensive than commercially-designed options. Yet, they function in the same way.
When Is It Time to Get More Help?
If theft is an ongoing problem, it is important to think about hiring a professional security company. This applies in situations where the theft is significant, or the assets are high risk. You may want to have a professional on staff to limit these risks. They can often remain on the premises during and after hours.
No matter what steps you take, let your business insurance company know about them. They can help you if a claim occurs. However, they might also be able to help you save money on your policy by having a security solution present.
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