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Loss Prevention Library
 

Loss Prevention is a sound business practice that directly affects your profitability.

Current Issues:

Premises security for dealers
Disarmed alarms provide no protection


9 Leading Causes of Loss in Vehicle Businesses
Listed below are areas that have historically generated losses for vehicle businesses. Each loss category has related Loss Prevention bulletins designed to help you develop good loss prevention practices in your business.

1)Auto Liability / Auto Collision
Don’t get personal: Advice on the coverage and use of personal autos
Driver selection: Motor Vehicle Records
Contract and non-contract drivers
Youthful drivers - is your company exposed?
Negligent entrustment
Hitting the brakes on demos
Driver safety: Preventing common vehicle collisions
Furnished autos – Who’s driving your cars?
Night driving
Winter driving safety
Employee use of company autos: Uncontrollable?
Dealers: Test drive procedures

2)Workers Compensation
Eight sure-fire ways to get an OSHA inspection
New employee safety orientation
Electrical safety
Automotive lifts
Respiratory protection
Tire explosions on the rise
Lockout / tagout: Control of hazardous energy
Wet cell batteries
Hybrid vehicles: What you need to know
Safety devices are designed to be used, not by-passed
Drug-free workplace
Use the right tool for the job
Top 10 most frequently cited OSHA standards
OSHA record keeping requirements
Emergency shower and eyewash stations ...potential sight savers
Controlling workers’ compensation costs: Part 1 of 2
Controlling workers compensation costs: Part 2 of 2

3)Theft – Inventory & Employee
Don’t lose cars to identity thieves
Right out of your own backyard: "Watch and grab" thefts
Fraud & embezzlement
Video security and surveillance cameras
Key control management
Economic downturn fuels theft in aftermarket

4)Employment-related Practices
Military reservists called to active duty
Employment-related practices
Do you really know who you are hiring?
Sexual harassment and discrimination
Investigation of harassment complaints is essential

5)Fire
Tire retreaders: Preventing chamber fires
Fire: A quick way out of business
Avoiding fire losses while servicing gasoline tanks
Fires spread quickly and burn hot. . . courtesy of flammable liquids
Safe welding and cutting
Working safely with compressed gasses

6)Products & Completed Operations
Service special - tire rotation and four-wheel brake service $1,000,000
Imported products liability
Routine vehicle maintenance – opportunity for profit...or loss
Wheel off!
Road testing customer autos
Automotive tire recalls concluded…but liability rolls on
Modifying trucks and SUVs increases liability hazard

7)Statute and Title Errors & Omissions
Regulation Z disclosures - when do you give the customer a copy?
Spot deliveries
Third Party Product Disclosures: What belongs on Line 1 ?
A spot delivery gone bad; lessons to be learned
Salvaged vehicles on your lot – can you spot them?
Statute and Title Errors & Omissions
Dealers: A deal is a deal?

8)Premises Liability
Slip and fall hazards
Playground popularity – cause for concern
Premises liability
Snow and ice loads and other winter hazards
Liability exposures: Use of subcontractors

9)Protecting Your Business
Disaster preparedness - plan to survive
Violence in the workplace, coming to a location near you?
Satellite Radio: Beware of the content
“Large cash transactions ... the IRS needs to know”
"Hot" topics in your business: service, parts, body shop
Binding arbitration - employment
Springtime thunderstorms bring dangerous lightning
OFAC compliance: Information from the US department of the Treasury
Emergency response planning for your business, Part 1
Emergency response planning – Part 2
DOT requires alcohol testing
Faxing unsolicited ads to customers?
Self-inspection: Helping yourself stay in business
Complying with the telemarketing sales rule
Vehicle maintenance
Safeguarding the privacy of your customers’ information - Your legal obligations
Protecting your assets ... don't leave it to chance


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