What is one aspect of lot planning to reduce uninsured loss?

Conducting regular walk-arounds is an effective aspect of lot planning to reduce uninsured loss because it allows for ongoing visual inspections of the area. These inspections can help identify potential safety hazards, maintenance issues, or security vulnerabilities that may lead to theft, damage, or accidents.

By making this a regular practice, any signs of trouble can be addressed promptly, and overall situational awareness is heightened for both staff and customers. Regular walk-arounds also foster accountability among employees, as they know they are being monitored and may take extra care in how they manage the lot. This proactive approach can significantly decrease the likelihood of events that could lead to uninsured losses.

Improving signage might help inform staff and customers about procedures or safety rules, but it does not directly engage with the physical conditions of the property. Working solo does not enhance monitoring or security and can actually lead to oversight. Leaving vehicles unattended can increase the risk of theft or damage, contributing to potential uninsured losses.