5 ways to reduce your retail insurance premium

It has been estimated that over the last year there have been 950,000 reports of theft from general retailers. This is an increase from 575,000 reports the year before. Though these thefts are acknowledged by the retail industry as an expense, retail insurance premiums are steadily increasing as a direct result. So what can retailers do to keep their business more secure and in turn decrease the expenses of theft and decrease their insurance premiums?

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Improving the security of your premises lowers insurance premiums

Taking these security steps can lower your insurance premiums

High level security in your workplace or your home is what every wants and needs. You want to protect those you love and you want to make sure that all of your property is preserved. In most cases, your current security measures won’t have gone under review for a while, unless something has happened to your property that has forced you to change your efforts. Old routines are hard to break, so many will slip into their old ways when trying to enforce new security measures, whether that be at home or in the office. Security against break-ins, fireproofing and protecting valuables often becomes vulnerable due to the lack of care shown by many.

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