3 ms·
Any kind of meaningful coverage for shoplifting can't be dependent on having police reports. Under normal circumstances it is the shoplifting you don't know ab
by drdec 5y ago
Any kind of meaningful coverage for shoplifting can't be dependent on having police reports. Under normal circumstances it is the shoplifting you don't know about that causes losses.
I suspect that stores do not have insurance for shoplifting, but perhaps someone with first hand knowledge could weigh in.
- jkhdigital 5y agoI don’t have first hand knowledge but I would bet all my Bitcoin that retailers do not have “shoplifting insurance”. There seems to be a common but deeply flawed belief that businesses can and do insure against literally every bad thing that could ever happen to them. Anyone with personal experience dealing with health or dental insurance should be well aware that insurance companies are in the business of covering (and paying out) as little as possible and there’s no reason to believe this dynamic is any different for a corporate customer.