The unfortunate reality is that the world is not always a safe place — no matter where you live or work. Even though U.S. crime rates have declined in recent years, according to Pew Research Center, crimes like theft and fraud remain a modern concern both at home and at the office. However, it doesn’t mean that you can’t be proactive in minimizing risk and protecting your items of value. From securing adequate insurance to investing in smart security systems, there are many ways to protect yourself from theft and fraud.
Insurance
Securing the right personal insurance and commercial insurance policies can help cover costs associated with thefts, burglaries, and fraud. Whether it’s workplace theft of equipment or supplies or a robbery at home in which your valuables are stolen, adequate insurance coverage not only protects you from costly claims, but it also delivers peace of mind ahead of unforeseen incidents.
Lock or Hide Valuables
Hiding and locking high-value assets can help prevent theft in the workplace as well as from your cars, boats, and homes. Theft prevention starts with identifying your most valuable items and ensuring that they are safely protected. Whether it’s personal and financial data or fine art and expensive jewelry, valuables should be locked away when not in use, or otherwise inaccessible to anyone who does not have rights to access them.
Access Control
Modern smart home security systems and workplace card readers are just some examples of effective access controls. It’s important that only essential personnel or occupants — and welcomed visitors — enter your home or office buildings. Additional measures such as on-site surveillance and computer monitoring deliver enhanced levels of security. Some insurance carriers also offer premium discounts for additional security protocols which can provide even more benefits!
Protecting Your Identity
It’s possible to prevent identity theft by taking precautionary measures such as creating strong passwords, checking your credit reports regularly, and safeguarding your personal information from scammers and thieves. You may also consider purchasing affordable identity theft protection coverage which helps you recover financially if you become a victim to identity theft or fraud.
At Doeren Mayhew Insurance Group, we have extensive experience in guiding individuals and business owners alike in mitigating potential risk with customized insurance solutions. Contact us today to learn more about how to prevent common crimes like theft and fraud from threatening your financial health, or to schedule a consultation today.