The team here at AST have worked with all sorts of clients over the last few decades, and we understand how a good security system can make you feel much safer in your business, but did you know it can also reduce your insurance costs?
Insurance companies are always looking for ways to charge more and to cover less, and if your building is not secured properly, this could be an easy way for them to get out of a claim by stating that you didn’t give due care and attention to your business’ security needs. This is why quality security matters.
How To Reduce Business Security Costs
Putting controls and measures in place will let your insurance company know you are doing everything you can to prevent issues. Issues may include break-ins, health and safety issues surrounding security, and even employee theft – you can learn more about how to protect yourself from this on our blog.
Your business insurance should cover you for most of these potential hazards, but they will only cover you (and pay up if necessary) if you can prove that you took security seriously in the first place. Here are a few ways you can reduce your security risk and potentially negotiate cheaper business insurance as a result.
1. Access Controls
By limiting who can and who can’t come and go in your business, you will be able to keep track of who is on-site and when.
The obvious benefit of this is that you can keep out unwanted visitors or intruders by having securely locked doors and entryway systems, but another benefit is that you’ll be able to know who had clocked in for each shift.
If you run a business where some of your stock requires special measures, a drug manufacturing company that handled controlled substances, for example, using an access control system will allow you to grant access to only those who have the right clearance, showing an above and beyond level of care and attention on your part.
Read Next: 5 Benefits of Security Automation
2. Surveillance Cameras
We’re all used to businesses having CCTV now, and it’s almost become a prerequisite for opening a business with premises, but what is the quality of your CCTV, and is it easy to access?
CCTV is primarily there as a deterrent (which is why we suggest having it visible), but you do need to make sure your videos are easy to see and access should you need to, and that they are at a quality level that will aid any investigations.
We supply high-quality CCTV that is 720p or above quality with infrared night vision to help keep your business safe.
Install an AST System For Maximum Protection
Speak to the team at AST today, and we’ll be happy to advise you on your next steps if you are thinking of installing a better security system in the hopes of reducing your insurance costs.