☰ ˟
Auto Insurance Discounters
 
Call Us!
866.288.6545 Get A Quote
Español
  • Home
  • Coverage
    • Automobile
    • Auto Liability
    • Boat
    • Business & Commercial
    • Business Interruption
    • Business Owners Policy (BOP)
    • Collision
    • Commercial Auto
    • Commercial Property
    • Commercial Umbrella
    • Comprehensive
    • Cyber Liability
    • Employment Practices Liability
    • Errors & Omissions
    • General Liability
    • Homeowners
    • Identity Theft Insurance
    • Landlord
    • Manufactured Home
    • Motorcycle
    • Non-Owned Car
    • Non-standard Auto
    • Personal Umbrella
    • Professional Liability
    • Recreational Vehicle
    • Rental Property
    • Renters
    • Rental Car
    • Classic Car
    • Towing Insurance
    • SR-22
    • Uninsured/Underinsured Motorist
    • Workers Compensation
  • Quotes
    • Automobile
    • Boat
    • Business Owners Policy
    • Commercial Auto
    • Commercial Property
    • Cyber Liability
    • Errors & Omissions Quote
    • Homeowners
    • Landlord
    • Motorcycle
    • Non-Owned Auto
    • Professional Liability
    • Rental Property
    • Renters
    • SR-22
    • Non-standard Auto Quote
  • Service
    • Customer Service
    • ResourcesImage of right arrow
      • Frequently Asked Questions
      • Important Links
      • Insurance Glossary
      • Refer a Friend
      • Testimonials
  • Claims
    • Automobile
    • Boat
    • Business
    • Motorcycle
  • Blog
  • Payments
  • About
    • About Auto Insurance Discounters
    • About Independent Agents
    • Our Locations
    • Partners
    • Community Corner
    • Employment
    • Privacy Policy
    • Areas We ServeImage of right arrow
      • Bonner Springs
      • Lee's Summit
      • Liberty
      • Kansas City
      • Olathe
      • Overland Park
      • Oklahoma
      • Oklahoma City
      • Raytown, MO
      • San Antonio
      • St. Louis
      • Springfield
      • Texas
      • Houston, TX
      • Austin, TX
      • Topeka
      • Wichita
  • Contact
    • Contact Us
    • Customer Service
    • Join our Newsletter
Stop Paying Too Much for Insurance
Get Started
Home > Blog > Minimizing Identity Theft to Reduce Business Insurance Claims
SUNDAY, MAY 12, 2024

Minimizing Identity Theft to Reduce Business Insurance Claims

Identity theft is a growing threat to today's business owners. Small companies and large corporations face a change that identity theft will occur. Much of this comes from threats to employees and from employees.

Most businesses need employees. It is not an option to stop hiring people. So, what can employers do to minimize the risk of identity theft occurring?

man showing photo of him

Understand the Risk

Identity theft can occur in several ways. A bad employee can steal personal information from a customer. A management professional may access the personal information of an employee. In both situations, the business is at risk. And, in both situations, business insurance may help cut the losses to the business.

How to Protect Employees

The first step for the business is to ensure employees are safe. It is the responsibility of the business to protect an employee's personal data. There are numerous ways to do so:

  • Limit access to sensitive information to those who have a true reason to use it. Even then, make sure it has password protection.
  • Ensure sensitive information is never visible on login screens or through personnel files.
  • Be sure any software used to manage this data tracks who is accessing it at all times. This can pinpoint exactly who could be at fault.

Creating a confidential method for protecting employee data is a very big component of providing a safe work environment. Update systems routinely to ensure safety.

Protecting Customer Data

It is just as important to protect sensitive customer data. Employees can cause this type of identity theft risk. To do so, consider options such as the following:

  • Minimize access to personal information. Control which employees can access this information at any time.
  • Allow the customer a way to enter information privately. This is important for social security numbers or credit card numbers. Don't allow employees to watch them enter this information.
  • Routinely check procedures to ensure employees follow them. Update equipment to allow for tracking of access to sensitive information.

Identity theft is a big risk for all business owners. Comprehensive business insurance can help to minimize many of the financial risks here. However, these claims can be large and costly. They can also damage the employer's reputation. Take steps to minimize this risk and be vigilant at monitoring for it.

Need Identity Theft Coverage? Call Auto Insurance Discounters at (866) 288-6545 today. We can help you get a fast, free policy quote.

Posted 10:31 AM

Tags: identity theft coverage
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

  • auto insurance(163)
  • insurance(146)
  • kansas city(99)
  • missouri(97)
  • auto insurance discounters(96)
  • tips(96)
  • safety(87)
  • kansas(84)
  • coverage(70)
  • car insurance(59)
  • sr-22 insurance(53)
  • commercial auto insurance(48)
  • motorcycle insurance(41)
  • savings(34)
  • business insurance(34)
  • boat insurance(19)
  • protection(15)
  • sr22 insurance(15)
  • costs(8)
  • home insurance(8)
  • driving(8)
  • maintenance(6)
  • rates(6)
  • business auto insurance(5)
  • liability(4)
  • commercial auto(3)
  • policy(3)
  • sr-22(3)
  • hillcrest transitional housing(3)
  • summer(3)
  • requirements(3)
  • weather(3)
  • motorcycle(2)
  • covid-19(2)
  • commercial insurance(2)
  • driving record(2)
  • collision(2)
  • christmas(2)
  • location(2)
  • new drivers(2)
  • advice(2)
  • comprehensive(2)
  • road trips(2)
  • assistance(2)
  • help(1)
  • recreational vehicle insurance(1)
  • older car(1)
  • santa claus(1)
  • storage(1)
  • st. paul's church lee's summit(1)

View Mobile Version
  • Hartford
  • Traders

  • Dairyland
  • Progressive
  • Travelers
  • Key Insurance
  • Cornerstone Group
  • GuideOne
  • Nationwide
Our Locations
Home About Us Get A Quote Refer A Friend Contact Us
Independence, MO
1312 South Noland Rd. | Independence, MO 64055 | 816.252.2255
Kansas City, MO
1151 Cleaver II Blvd. | Kansas City, MO 64110 | 816.822.7722
Kansas City, KS
4038 State Ave. | Kansas City, KS 66102 | 913.371.2255
Facebook Twitter LinkedIn Google Maps YouTube TrustedChoice
❯