Loss control is a risk management practice that seeks to reduce the possibility that a loss will occur and lessen the severity of a loss if one occurs. This technique is also known as risk control or safety.

Employee training programs are loss control measures designed to reduce the likelihood of accidents or injuries occurring. Sprinkler systems are loss control devices that may minimize the extent of a loss by fire.

Loss control measures should address specific risk exposures without introducing new hazards or increasing the likelihood of other losses. For example, the presence of a guard dog on your business premises may reduce the possibility of theft or vandalism, but may significantly increase your liability loss exposure. Alternatives could include:

• Installing motion detectors, video surveillance cameras or a central alarm system
• Trimming landscaping to prevent unseen activity on the business premises
• Hiring a security company

For your convenience, valuable loss control information is available on our website. Learn more about reducing risk, get practical safety tips, or download free information to help you design a loss control program specific to your business. Providing solutions that keep your business moving forward is just one way we make insurance simple.

To learn more about Farm Bureau’s Risk Management and Loss Control Services contact your local Farm Bureau Agent.