How Construction Site Security Affects Your Business Insurance

March 26th, 2024 in Commercial Security
How Construction Site Security Affects Your Business Insurance

Adding comprehensive security coverage to your construction site provides much-needed fortification and lowers insurance costs.

By incorporating equipment such as security cameras, access controls, and alarms, you ensure your construction site remains protected at all times, and it unlocks a few financial benefits.

Lower Insurance Costs

Security systems vary in coverage, but the more construction businesses invest in their security systems, the more they can reduce their insurance payments.

The reason is that insurance providers reward those who take a proactive approach to security. Businesses utilizing top-of-the-line equipment and working with experienced security system providers, such as Roger's Security, often pay anywhere between 10-25% less in insurance payments.

Stronger Credibility When Filing Claims

Security systems do their best to protect your construction site but cannot prevent crime. That's not to say they are not valuable though, as recorded video and audio can significantly enhance your credibility when filing claims.

Think about it this way - if two construction sites were to file an insurance claim over stolen materials, but only one has video evidence of it, which claim process do you think will go faster and pay out more?

Construction site security impacts security and insurance on multiple levels. First, it adds an extra layer of defense that protects employees, equipment, and infrastructure.

Beyond this, adding security systems to a construction site lowers the insurance payments and helps with the claim process if anything goes wrong.

These benefits make security systems a prudent investment for construction sites across Southern Ontario.

Roger's Security® Systems is an authorized Honeywell dealer and has been providing both residential and commercial security services and video surveillance equipment for over 20 years to homes and businesses in Ontario.

If you have any questions about this article or would like to talk to us about your security needs, please call us on our toll-free number, (800) 823-8635 or email us at info@rogers-security.com.

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