A business owner’s policy, or BOP, provides companies with numerous protections. This business insurance helps minimize risks such as theft and liability. It wraps the most common insurance policies into one plan. This also helps you to save money.
Many BOP plans are very affordable. Yet, any company can benefit from reducing costs further. Technology can help you do this.
Investing in Security
A good place to start is with a security system. All types of businesses should have a basic security system. They should protect windows and entrances. Use them for high-risk areas as well. This may include areas where you store inventory.
Security inside and outside of the building is important. Be sure to let your business insurance agent know about your new system. The cost of it will pay for itself over the first few years.
Smart Systems Can Help
Smart systems provide access to a property even when you are away from it. Set up a smart system at your office. If someone approaches the door during closed hours, you’ll get a message. You can then respond directly or call the police if they break in.
Smart systems can also make it seem like someone is always at the property. They can adjust lights and sounds from within to make it seem occupied. This can reduce the risk someone will try to break in. Some insurers offer discounts for smart systems like this. Some even help subsidize the cost.
Consider Remote Monitoring
Remote monitoring works much like a smart system. This can help to keep your product safe. Perhaps you own a convenience store or restaurant. A remote monitoring system can send you an alert when an incident occurs. The power goes out. The temperature in the cooler is too high. If your location has a high-risk concern, remote monitoring is beneficial.
What steps do you take to help reduce risk at your business? With a BOP, you might pay less overall. However, updating security and enhancing functions at your location can reduce your risks further. Your business insurance agent may offer guidance to you about reducing those risks further. Technology is a simple way to achieve this goal. Most companies can use it. It also provides you with peace of mind. You know your business is safe and secure. You do not have to worry about break-ins or thefts.
Porter-Brandenburg Agency, Inc has your coverage needs in mind. Call us at 972.234.5588 to discuss your Dallas business insurance options.