How to Reduce Insurance Premiums with Security and Fire Alarms
Equipping your business with a robust fire and security alarm system is a great way to make it safer and more secure. But in addition to protecting your property, installing an alarm system may help lower your insurance rates. Here’s why.
The higher the risk of a break-in or other event that would result in an insurance claim, the higher your insurance premiums will be. Given this, installing a reliable alarm system is a good way to lower your payments, but it’s important to make sure it works for you. Simply buying a more complex system may be detrimental, especially if it’s much too elaborate for your needs.
It’s also important to understand that, in addition to selecting and installing the right system, you need to be able to use it correctly. To that end, using a monitoring service is often a good idea.
Additionally, you should consider purchasing a scalable system so that you can add features as you need them. Since you’d only be adding another layer on top of a system that you and your staff know well, you’re more likely to find an insurer who’ll be receptive to the value of the increased security.
Fire alarms are installed in all commercial buildings, but it’s important to make sure yours is working properly, and that it’s suited to your needs and those of your business. If you store dangerous or flammable materials, for instance, you may need to invest in a more sensitive or feature-rich system. Adding sprinklers, smoke detectors, and fire panels is another good way to convince insurers that your business is less likely to result in insurance claims for fire damage.
Another important step is to use a monitoring service. It’s not always possible to keep an eye on your business, and having a dedicated service that can distinguish false alarms from real emergencies can go a long way toward keeping your property safe. A monitoring service can lower your risk of filing insurance claims and thus your insurance premiums.
Commercial Security Products and Services in Alberta
If you want to improve your fire alarm system or upgrade your security devices, Guardian Security Solutions is here to help. We offer fire monitoring, commercial surveillance and access control systems to help keep your business secure. Contact us today to learn more about our products and services.