When you think of theft, you think of expensive or rare items. For us, we take extra precaution for our gadgets like phones, laptops, and tablets. We do the same for our wallets and handbags. But have you ever thought of safeguarding items like detergent and Nutella? It may sound funny to you, but there is an increasing instance of theft for seemingly common items.
DID I MISPLACE IT?
At first, you may think these items are negligible and are low in value. But if you look deep, they are common items that are on the expensive side. The reason for an increase in theft of these items are due to increasing prices and increase in demand.
OH NO, YOU DID NOT!
Other items that are also in danger of being stolen are items that may contain something valuable as a raw material. Utility hole covers are increasingly being stolen due to the rise in iron and metal prices. The stolen covers are then sold as scrap metal at a good price. Not only does this add-on to costs for the city, but exposed utility holes are a hazard and danger.
WATCH OUT FOR YOUR STUFF!
Due to this trend, business is increasingly cautious of stocks and inventory. It is no longer a question of how valuable an item is. It is now more on how easy are these items to steal? If it is easy to steal, you know it will get stolen. For retail stores, this means items that can be kept in pockets should be positioned near the staff. Display items and other peripherals may also be at risk.
There are many ways that can help thwart these actions. Security mirrors and CCTV cameras can be utilized. Options like hiring security and alarm systems are also available. Employee training and the right systems in production are a must. Putting the same consideration and effort even for less expensive items may be necessary to minimize theft.
Of course, you can always minimize the risk, but you cannot control everything. There will always be a chance that something still goes wrong. The best protection you can get is the right insurance coverage. The right fit policy is where the important aspects of your business are covered. Ensure you have the best for your business by consulting with a specialist. Talk to one now. At Mauser & Tobin Co., Inc., we take pride in making sure that our clients are well-protected at prices they can afford. To learn more about how we can help you, please contact our agency at (516) 747-0171 or Click Here to request a free quote.