Can Security Shutters Reduce My Insurance Rates?
Whether you’re looking at domestic or commercial quotes, insurance rates are determined by a number of factors, such as the location of your property. Certain inner-city areas, for example, where more claims for theft are made are more likely to see bigger premiums.
However, security can also play a key role in a property’s risk factor, and as a result, upping security measures can make a difference to the price. Of course, it’s not as simple as “install this and the rate will be this much”, but investing in security shutters can definitely impact the cost of insurance for the better.
For Businesses
You’re probably already familiar with some of the most common security features that your business can use to lower its insurance premiums, thanks to security standards that are universally recognised by insurance providers.
The Loss Prevention Certification Board outlines a set of regulations, known as the Loss Prevention Standards (LPS), that are used to assess fire safety and security equipment across the UK and internationally. Products tested to the LPS are typically approved by insurers, so if anything is going to reduce your premiums, it’s a commercial door or security shutter that meets LPS classifications.
For Homeowners
While it’s very understandable that a lot of homeowners won’t want to fit all of their doors and windows with security shutters, there are a number of security measures that you can install that are likely to reduce your insurance premiums.
Double glazing, for example, not only provides savings on your energy bills but can also reduce your premiums - particularly if you have lockable windows.
Burglar alarms are also an obvious choice for enhancing home security, but it’s crucial that they are used in the same way you agreed they would be in your insurance agreement. So, if you said that they will be switched on overnight as well as when you’re out of the house, you won’t be able to claim if there is a break in at night and your alarm is off.
While they naturally aren’t appropriate for every entryway, roller shutter doors and windows can be a great solution for securing a garage, and window grates are commonly used for basements - particularly if they are easily accessible from a road or alleyway. If these measures are also LPS approved, it’s likely that your insurance provider will be able to factor this in when calculating your rates.
Enjoy Robust Security with Thoroughbred Industrial Doors
Whether it’s for your home or business premises, investing in security shutters or roller shutter doors from Thoroughbred Industrial Doors is a great way to improve your property’s security measures and get a more reasonable insurance rate. With our 20 years of experience as an industrial door company, we are more than qualified to provide you with high quality, seamless domestic and commercial for extremely competitive prices. Get in touch with us today for more information.
