How to Lower Your Insurance Premiums with Surveillance Equipment

Insurance is a requirement for your business to help deal with any unforeseen circumstances that may arise. No business wants to get left short after theft, fire or any other damage or loss. While you want to choose the most affordable insurance package, you don’t want to skimp. However, there are ways to lower the cost of your insurance on your side, such as by installing surveillance equipment.

It's great for businesses to invest in CCTV installation as insurance companies offer incentives through reduced premiums for businesses that install robust surveillance systems. If you have both indoor and outdoor security systems, you may be able to benefit from lower insurance premiums due to the reduced risk of theft and property loss.

Here is why you can get lower insurance costs for CCTV installation.

CCTV deters criminal activity

One of the major benefits of surveillance equipment is that it can deter criminal activity. The use of CCTV equipment and other security measures makes people much less likely to commit crimes against your business. If they feel there is a greater chance of being caught, they are less likely to take the risk.

This is great for your insurance provider because there is a lower chance that they will need to pay out for theft or damage. Fewer insurance claims mean lower insurance premiums.



Surveillance enhances security measures

When using security services you are able to enhance your business's safety. This is because security services conduct comprehensive assessments of your business's security vulnerabilities. This helps identify weaknesses and recommend improvements to strengthen your defences against potential threats. This can help reduce your insurance premiums because your site is overall much safer.

Swift incident response

Should an incident occur on your business site, such as a break-in or fire, authorities will be alerted much faster and can respond promptly. The swift response from authorities helps to reduce damage and loss. This means you are less likely to make claims on your insurance by avoiding incidents from escalating.

If you’re in need of CCTV installation, surveillance equipment or a home security company, get in touch with Shuretech today. We can help you with a range of CCTV equipment to make your business safer and reduce the cost of your insurance premiums. Call us today to learn more.