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Articles Loss Control

Loss Control

Principal Author / Publisher:Safetyhow Admin
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What is Loss Control?
Loss Control is an organized and usually continuous effort to help decrease the possibility of unforeseen losses and the impact of those that do occur. Loss control can be applied to all kinds of losses such as those caused by fires, electrical surges, burglary, car crashes, hurricanes, or just about anything that causes unexpected harm, injuries or damage.
Why is Loss Control Important?
Running your organization in today's demanding environment is tough. As part of your organization, you probably face many daily challenges while trying to keep customers satisfied. The last thing you probably want to worry about is all the trouble that comes from an unexpected loss, especially one that could have been prevented.
You should understand that while an unexpected loss may be covered by insurance, there are consequences that go far beyond the dollars and cents. There will be claim forms to complete and repair quotes to secure. You may need to work around repair contractors or need to set up temporary offices in a new location. If your employees are injured as a result of a loss, you may end up conducting business with a new temporary staff.
These are just a few examples to help you understand just how important loss control can be to your business.
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