When insurance companies determine the premiums that they charge to businesses, one of the factors that they use is the cost of frivolous lawsuits. Frivolous lawsuits arise when a person claims to be injured in a place of business but in actuality were either not injured at all or injured in another location. Their idea is that they can collect from the insurance company and the business will never be harmed. Nothing could be further from the truth. Defending against a frivolous lawsuit takes time and money away from the business. A security camera installation can, through the use of the images gathered, successfully defend against the frivolous lawsuit.
Many nuisance lawsuits wind up being “he said, she said” with no actual proof of what happened on either side. The plaintiff may state that they fell and hurt their back at the business and the slip and fall were avoidable. They feel that the business should take responsibility for the accident, even if the accident is a falsehood. Without a recording of the area where the purported slip and fall occurred, the likelihood of the business getting the suit dismissed is slim.
In a factory setting, an employee may be injured on the job. The injury could be the result of neglecting to follow established safety instructions. There is the possibility that no co workers saw the injury happen and can not assist in the defense against the frivolous lawsuit. Through the use of a security camera installation, the company can utilize the footage obtained from a camera observing that area and defend against the lawsuit.
Insurance companies will often settle frivolous lawsuits out of court. They will provide a monetary settlement to the party that claims to be injured if there is no proof that the injury did not happen where they claimed it did. The cost of settling the lawsuit out of court will be apportioned to all of the businesses that utilize that insurance company in the coming years. This cost will be realized in higher premiums for insurance. A security camera installation will often cost less than the aggregate sum of the increased insurance premiums.
The “security” part of a security camera installation has many meanings. Most people take the meaning as a safeguard of property and against trespass. In reality the “security” part of a security camera installation is the security that the owner of the system feels knowing that his property is both viewed and recorded all day every day. When images of an area where a purported accident occurred are presented showing no accident happened, the nuisance lawsuit is successfully defended against and no monetary outlay is necessary. Additionally the successful defense against a nuisance lawsuit insures that insurance premiums will not be raised in the future.
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