Business security solutions are necessary in many communities. About 2.5 million cases of burglary occur every year in the United States. While there are many human solutions that can be taken to secure a business or rental property, such as security guards or security patrols, it should be kept in mind that video monitoring systems have many benefits beyond security. Here are five benefits to video monitoring cameras:
Insurance companies know that, statistically, video monitoring systems reduce the likelihood that a business will file a claim for loss. As a result, many insurance companies offer a discount when a business or landlord installs video monitoring cameras. There are three primary reasons for this.
First, video monitoring cameras, particularly in combination with warning signs, can deter a would-be burglar from breaking into a property being monitored. Fewer burglaries mean fewer insurance claims, and fewer insurance claims mean more profits for insurance companies.
Second, when a burglary occurs, the video recording can assist police in tracking down the stolen property. When the property (or even a portion of the property) is recovered undamaged, no insurance claim will be filed for that recovered property, thereby saving the insurance company money.
Third, video monitoring systems can detect false claims. Video monitoring can establish the exact sequence of events during a burglary or robbery, including establishing whether the event was staged by employees or tenants or never even occurred. In either case, the insurance company saves the money that otherwise would have been paid out.
Unfortunately, many losses occur due to inside jobs by employees or tenants rather than break-ins. Video monitoring services can differentiate between theft by outsiders and embezzlement by employees. Similarly, video monitoring can see and record whether damage to a rental property was caused by a vandal or a tenant. More importantly, when employees and tenants know that the property is being monitored, they would be deterred from attempting to pull an inside job.
For example, casinos are monitored extensively by video monitoring systems. These systems are in place because of the high temptation by employees to steal or cheat. With video monitoring cameras recording everything, employees are deterred from stealing or colluding with guests to cheat.
Video cameras can monitor the people and vehicles that have entered or left a monitored area. In addition to having a deterrent effect on those who might commit criminal acts, video monitoring also differentiates between those who have a reason to be there, such as the FedEx or pizza delivery person, customers, and guests, from those who have no reason to be there. In the event that a criminal act does occur, video footage can be used to determine the identity of the person who committed the act. This footage can also be used as evidence by police and in later court proceedings. In video service systems, the footage is stored in the cloud, ensuring that it is safe from tampering and erasure until it is needed by investigators and prosecutors.
Video monitoring systems can not only capture footage of criminal acts, but also other harmful acts, such as harassment and bullying. Again, the purpose of having video cameras may be to deter harassment but also to provide video footage that can prove, or disprove, the acts claimed to constitute harassment or bullying as well as identify the perpetrator.
When accidents occur, video recordings can sometimes make the difference between a business being held liable in a negligence case or being able to shift the blame elsewhere. For example, video footage of a slip and fall accident may disprove negligence if it shows that the business took reasonable measures to prevent, mitigate against, or warn about a potential hazard, such as a slippery floor. Video recordings may also establish whether the victim was also negligent, such as by not watching where he or she was going or knowingly bypassing safety barriers around a potential hazard.
In sum, video monitoring systems can have many benefits beyond security against outside threats. Video monitoring systems can reduce insurance costs, monitor the people and vehicles entering an area, deter inside jobs, and provide video footage of accidents, harassment, and bullying.