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crime insurance

How to Protect Your Business Against Crime

Your small business is not immune to crime. Theft can take many forms – nowadays it’s not just a burglar breaking into your building and stealing money from a cash register. Protecting your small business against all forms of crime is important. Even though your company may not be a giant enterprise, it is still susceptible. In fact, many businesses are targeted because they smaller and may not have security measures in place. Don’t fall victim to crime. Here are some tips on how to protect your business against crime.

 

Alarms

Having alarm systems in place is one of the first lines of defense against a physical break-in. Install an alarm on your company office, store, or other building to help deter burglars from entering the property. You may want to get an alarm that contacts the authorities in the event of a break-in. The sooner that the police are notified, the greater the chance that they can respond in time to catch the intruder. Learn more about the advantage of alarms here!

 

Cyber Theft

Getting cyber insurance is one way to protect sensitive information you may have. Hackers, viruses, and other malware can find its way onto your computer and do major damage to your company. If sensitive info is compromised, then your company could be in some serious trouble. Cyber insurance can help protect you financially. You can implement other precautions to prevent a cyber attack. First, inform your employees on best practices while using the computer. You may also want to install a firewall, or even consult a cyber security expert. Check out these additional tips on how to protect your small business against a cyber attack.

 

Crime Insurance

What if one of your employees steals cash from your business? What if someone gives you a counterfeit bill? What if someone forges an important document? These situations are unfortunate, but crime insurance can help protect you financially. Typically, crime insurance protects your business against first and third party crimes. This means that if your company is accused of a crime, crime insurance may be able to help. And conversely, if a crime is committed against your business, crime insurance may also be able to help. Common issues that crime insurance deals with include:

  • Forgery and Alteration
  • Computer Fraud
  • Employee Theft
  • Funds Transfer Fraud
  • Counterfeit Money
  • Robbery inside the premises
  • Etc.

It’s not always easy to protect your small business. That’s why insurance can help. Crime can cost your business a significant amount of money. Insurance is there to help your business financially just in case something happens. Ideally, your business would never need to use insurance. But things happen outside of your control. While putting measures in place to prevent crime from happening is a great idea, it may not protect your business completely. Talk to your insurance agent about the best way to protect your small business against crime and theft. They can help you get the coverage you need to keep your business safe!

Talk to an Encharter agent today at 888.754.8299. They can help you protect your business against crime!

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