When you’re thinking about reducing your business costs, you want to make sure you always get the best value for your dollar. That’s why reducing your insurance premiums in smart ways that will benefit you for the long term makes sense. Installing security cameras that suit your business size and needs is a very smart way to reduce insurance costs.
But my business is too small to be burgled, so why does it matter?
If you think because you own a small business you won’t be the target of property crimes, you might be in trouble. According to the Insurance Journal, 40% of small businesses are likely to experience a property or liability insurance claim, with the most common of those being burglary and theft.
Installing security cameras inside and outside your premises, whether it’s a large or small business, can reduce the risk associated with property and liability crimes by acting as a deterrent and by helping the police identify the offenders.
By having your security needs assessed and a camera system designed specifically for your business needs and budget, you can be in control of the cost of the system and profit in the long term from reduced crime and lower insurance costs.
But how can security cameras actually reduce insurance costs?
Whether it’s burglary, shoplifting, vandalism or workplace theft, potential perpetrators will see cameras and think twice about committing the crime. If a crime does occur, you can be alerted when it’s in progress. According to a recent Australian survey, more offenders are apprehended when security cameras are used. Recently there has been greater importance placed on the use of camera footage in criminal investigations.
Insurance companies recognise these trends and they know the value of security cameras in preventing and solving crimes. They also want to ensure responsible customers. That’s why they’re often prepared to offer business insurance at cheaper rates to customers that install a security camera system by security specialists like Advanced Security Group.
Won’t any old security camera do?
In a word…no.
Security cameras have evolved at lightning speed in the last 5 to 10 years. Also, they vary considerably. Cameras can be fixed or mobile, can transmit images in different ways (digital or analogue, via cable or wireless links, to a fixed monitor or mobile phone), and differ in the way they record the images as well.
Security camera systems now have smart features that can enhance your security level well beyond ‘any old camera’. These types of technical specifications have the potential to impact the effectiveness of the camera system as a crime prevention and detection measure.
And insurance companies know what to look for in a good security system.
How do I know which security camera system will lower my insurance costs?
This is where security professionals come in handy. Insurance companies evaluate risk, and a specialist will help you identify and evaluate problem areas in your business security protocol to reduce that risk.
At Advanced Security Group, we can suggest a security camera system designed specifically to suit your business needs and budget. We can even design a solution that could be integrated into your existing system and be scaled up or down according to your business requirements.
Our security solutions are more flexible and cost-effective than older analogue systems and will provide you with outstanding physical and virtual security.
Contact one of our security specialists to find out how we can help you save on your insurance premiums by reducing your security risk.
