Loss control is a management priority whether a fleet is large or small. A Fleet Loss Prevention Program can decrease insurance claims and help mitigate the frequency and severity of future losses. Often the other tangible and intangible benefits of these types of programs can be overlooked, but are just as valuable to your company!
Next to controls, the single most effective way to prevent fraud is to create an environment that is fraud-resistant. It is possible to limit opportunities for fraud before they impact your organization by identifying unacceptable practices and advocating stringent consequences for offenders.
Crime prevention within municipal operations can be an important way to mitigate related risk. Steps towards crime prevention can include securing premises, implementing financial management systems, preventing theft of special equipment, marketing all valuable property, and assigning costs associated with possible theft scenarios.
The most tempting targets for thieves include:
- Cash and other items of considerable value
- Special machines, equipment, vehicles, etc.
- Items that can be resold
- Confidential materials
- Computers and electronics