CCTV – Enhanced security equals lower premiums

As the quality of CCTV improves we are finding that more insurers are taking into consideration the installation of CCTV as a rating factor when calculating business insurance premiums.

You can use CCTV to protect your property but you must follow the legislation under the Data Protection Act.

You must:

  • put up a sign to let people know CCTV is being used and why
  • be able to provide images within 40 days to anyone you’ve recorded (you can charge up to £10 for this)
  • share images with the authorities, eg the police, if they ask for them
  • keep images only as long as your business needs them

For more Information Commissioner’s Office (ICO) has guidance on how to use CCTV cameras and storing images.

For insurance advice about how enhanced security measures can result in a more competitive premium, contact Tony Gibbs on 0118 9165 485

*Information correct as of 1st May 2016

Author: Tony Gibbs | October 14th, 2013

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Tony Gibbs
Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767