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Theft Prevention—You Hold the Keys

[Source: Federated Mutual Insurance Company, 2006; R-2013 | Keywords: Business, Operations, Theft] Equipment dealers hold the keys to reducing thefts and costs associated with thefts. Knowing how to use available resources to combat theft will help you reduce the possibility of theft at your dealership. Theft prevention begins with two basic keys— building security and lot security. Building Security Check the elements of exterior doors: the door (heavy construction, high quality, and solid); locks (good quality); hinges (located inside the building or attached with welded pins; and the door frame (filled to avoid spreading in rigid steel buildings). Overhead doors… Read More »

What to do When a Theft Occurs at Your Business

[2006; R-2013 | Keywords: Business, Operations, Theft] A piece of equipment is stolen from your business. Who should you contact first? What happens once you file a report? Should you contact anyone else? Here’s a brief look at who to contact and what should happen once a theft is reported. Reporting a Theft Local Authorities First and foremost, members are encouraged to contact their local law enforcement agencies to report a theft. The police officer will file a report and assign a case number documenting the theft. (You will need this case number for insurance purposes.) In addition, the officer… Read More »