According to the U.S. Chamber of Commerce, crime, from burglary and shoplifting to fraud and embezzlement, plays a role in up to 30% of business failures. To help protect your company (and keep your insurance costs under control), use this checklist:


  • Do background checks on all applicants
  • Train employees on safe opening and closing procedures
  • Instruct them on what to do in case of robbery, make it clear that they should never endanger themselves by trying to protect money, property, or other valuable items.


  • Keep the amount of onsite cash to a minimum. Make bank deposits daily and vary your time and routes to and from the bank
  • Skim cash drawers throughout the day to ensure that large amounts of cash are not kept in the registers
  • Check cash register receipts against your deposits daily to reduce the threat of employee dishonesty
  • Immediately mark any checks received as “For Deposit Only.”


  • Make sure that all doors are locked during non-business hours
  • Keep rear doors locked from the outside at all times by installing panic locks. Do not use padlocks
  • Keep the interior and exterior well lit during non-business hours
  • Have a safe on site to store small amounts of cash, important documents, or other valuable items. Change the safe’s combination periodically
  • Install security cameras throughout the property, with all entranceways and cashier areas under surveillance
  • Set up a perimeter security system with appropriate signage to warn would-be criminals that the property is protected.

Our experts stand ready to review your security procedures at any time. Just give us a call.

Need insurance for You, Your Family or Your Business?
We can match you to a qualified, local insurance expert!
Further Reading
Every company has one or more "key employees" (whether it's an outstanding manager, a superstar salesperson, or a technological whiz) whose contributions are essential to the business. If one of these key people were to die, the impact on your operat...
In any traffic accident, two entities can be held liable for damages: the at-fault driver and the vehicle owner. Insurance companies generally view the vehicle's insurance to be primarily liable with the driver as secondary. Let's assume you're...
You spend much time together, and share the burden of difficult decision making. But it's not your spouse - it's your business partner. Your business partner is a tremendous asset to your company. So, how do you protect your business in the event of ...
Most new business owners are concerned that everything is favorable for the success and safety of their business, which includes obtaining the protection of business insurance. However, longevity and success can cause complacency. Let's say you star...
Small business owners who have previously borrowed money can attest that actually being capable of repaying the loan is the core of credit worthiness. They can also attest that the approval process significantly hinges on how risky the applicant appe...