Security Science Quiz

INSURANCE
1. Carefully review your insurance policy and all exclusions. To the extent that you do not understand any part of your insurance policy, get expert assistance.

2.    Only utilize an insurance broker that specializes in the alarm industry.

3.    Make sure that the full scope of your operations is disclosed to your insurance company.

4.    Make sure that you have adequate coverage and an umbrella policy in the event of a catastrophic claim.  Adequate coverage should be based on the amount of subscribers you have, and the type of risks you are electronically protecting.

5.    Have your alarm contracts and all alarm company paperwork reviewed annually by a lawyer who specializes in the alarm industry. This should include all versions of the contracts you have utilized over the years.

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About the Author

Contact:

Jeffrey D. Zwirn, CPP, CFPS, CFE, FACFEI, CHS-IV, SET, CCI, FASI&T, MBAT, writes Security Sales & Integration’s “Security Science” column. He is also president of IDS Research and Development, an alarm and security consultation, expert witness and training authority providing nationwide services on all issues related to alarm and security matters. He can be reached at (201) 287-0900.

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