Damage prevention refers to measures you can take to prevent or reduce damage. This can range from smoke detectors in your home to extra security against theft or preventive health checks to avoid medical expenses.
Many insurance companies encourage loss prevention and may even offer discounts or better terms when you take demonstrable measures. Thus, prevention not only helps reduce risk, but can also be financially beneficial.
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Disclaimer
This page is part of a lexicon and does not provide product information or contractual details on insurance services. For specific information, please refer to the official documentation or contact your insurance agent.
