What to do after a business robbery and ideas to keep criminals from coming back

 December 9, 2020     UFG Insurance    Business  Read Time: 3 min
Technician installing security camera

Being robbed is a terrible experience for any small business to go through. The sense of violation runs deep no matter if a ghost-like cybercriminal ransacked your data, a brazen robber stole from you in broad daylight or a sly thief broke in during the night.
When everyone is safe and the police interviews are over, where can you begin to recover from this loss? How can you deter thieves in the future?

1. File an insurance claim. to help you put the pieces back together.

Many businessowners policies, also known as a BOP, include commercial crime insurance. This coverage might help with property damages caused by the robbery, fraudulent activity on your professional bank accounts and a lot more to help you get back to business as usual.

Criminals are sneaky and even the most well-prepared business can fall victim if a weak spot is found. It’s a good idea to talk to your insurance agent sooner rather than later to make sure you’re as protected as can be against all types of crime. File an insurance claim to help you put the pieces back together.

Another interesting read: the basics of cybersecurity insurance coverage for businesses

2. Don’t keep extra cash at the office.

Avoid keeping more money than needed in cash registers or unsecured spots. It’s hard to think about dishonesty, especially if it comes from an employee you trust and depend on, but remember sticky fingers can be easily tempted so it’s important to play it safe with money.

Keep in mind that the right BOP coverage may also help if an employee steals from you or a customer.

 3. Lights, camera, stop the action. 

Motion-activated lights, an alarm and a good surveillance camera can go a long way to making a thief think twice about preying on your company. At the very least, a security system may catch the bandit’s face and bring that person to justice. Think of elements like these as an investment in security and consider making them part of a beefed-up safety plan. 

 4. Nail down a closing routine.

Humans are creatures of habit, so make sure your closing routines are second nature. Technology shut down? Check. Security system set? Check. Office lights off? Check.
Be sure to put solid, by-the-book measures in place that both you and employees can follow at the end of each business day. Developing good end-of-day habits can help make sure a criminal can’t slide in through a forgotten door.

Think it’s time to step up your coverage in the interest of security? A UFG agent near you can talk you through options.


The information provided is for informational purposes only. Every attempt is made to ensure that the information is accurate; however, it is not intended to replace professional advice. For more information, see Disclaimers & Other Legal Documents.