As
a commercial property owner, you take on a large amount of liability
when you rent or lease space. Proper security solutions can help you
control your liability. Take a look at how liability can work for
property owners and what they can do to mitigate it.
Liability
Issues Faced by Commercial Property Owners
The
amount of liability a property owner has isn't always clear. Even if
you think you know where your responsibilities end and a tenant's
responsibilities begin, you still shouldn't take any chances.
You
should never leave everything up to others. Knowing what's occurring
on and around your property should remain a priority, no matter who
occupies or makes use of your facilities.
Property
owners often lean on the coverage provided by their insurance
coverage. Your insurance does play an important role in mitigating
your liability, but you can still do more.
Premises
liability laws don't always favor the property owner. Often,
ignorance of a situation isn't enough to save a property owner from a
lawsuit. Insurance can also become a double-edged sword. Your
insurance may cover some things, but not others, so be very careful
when tenants make use of your property.
The
tenant's insurance may not have coverage for certain things because
your insurance is supposed to fill in a particular gap. If your
insurance doesn't kick in for certain premise problems, your tenants
can have the right to sue you.
A
third party who visits your property may not have any insurance
coverage at all under the tenant's policy. If something happens to a
third-party while on the property, they can sue you as well.
Commercial
security solutions helps
to show you did your due diligence. Your security measures can:
• Mitigate potential problems
• Reveal false claims against you
• Show if unauthorized people are on the property
• Prove a tenant holds the liability for a claim
Security
solutions serve multiple roles, all of which can help you and your
business. You don't need every security measure in place, but you
certainly need something to help keep your liability to a minimum.
Security
Solutions for Commercial Property Owners to Consider
To
figure out which security solutions will work best for your needs,
consider where you have knowledge gaps concerning your property. For
example, do you know what occurs in the parking area of your
property?
A
surveillance system for the outside areas of your property can make a
great deterrent and means of capturing any unfortunate event that
might otherwise go unnoticed. Cameras at entrances to the property
can also help.
Do
you know who enters and exits the property at any given time?
Including an access control system makes an incredible amount of
sense. You will know who enters the building or specific areas of the
building at any given time.
If
an unauthorized person gains access to the property, you will have
information to help see how the person accomplished the breach. In
conjunction with a surveillance system, you can see how this all
occurs.
Monitoring
technology can also play a role in keeping your liability low and
security high. Monitoring systems can alert you or your personnel of
potential issues. Those issues can include HVAC problems, possible
fires, unauthorized entry, and various other things.
Your
security measures will protect both you and others, so you have many
reasons to add some security measures to your commercial properties.
These measures can also make your property more attractive to
potential tenants and investors.
If
you want to lessen your potential liability, work with a professional
supplier of commercial security systems. Contact All Pro Security,
Inc., today for the high-quality security solutions you need.
