
AllBusiness:
Businesses with good loss-control measures and claim histories often pay lower insurance premiums than companies with risky procedures and poor claim histories. Take steps to prevent loss:
* Hire security personnel to prevent shoplifting;
* Install a sprinkler system to contain fires;
* Use an alarm system to protect against theft.
All of these can help control the cost of property insurance.
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[…] Virtual Entrepreneur - Business Opportunities, Links And News For Small Businesses And Entrepreneurs wrote an interesting post today on How Do I Institute A Loss-Control Policy To Lower Insurance Costs?Here’s a quick excerptHow Do I Institute A Loss-Control Policy To Lower Insurance Costs? February 18th, 2008 AllBusiness: Businesses with good loss-control measures and claim histories often pay lower insurance premiums than companies with risky procedures and poor claim histories. Take steps to prevent loss: * Hire security personnel to prevent shoplifting; * Install a sprinkler system to contain fires; * Use an alarm system to protect against theft. All of these can help control the cost of property insur […]