In 2023, three-quarters of surveyed small business retailers in the United States said they were unsure or unwilling to report theft to their insurance, due to the value of the items stolen perhaps not being worth filing a claim for. Just over half of small business owners indicated that they would not report the crime because they would not want their insurance rates to go up.
Leading reasons small business retailers would not report theft to their insurance in the United States in 2023
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Share of business owners
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Forbes. (December 22, 2023). Leading reasons small business retailers would not report theft to their insurance in the United States in 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1454763/reasons-not-to-report-theft-to-insurance-among-small-businesses-usa/
Forbes. "Leading reasons small business retailers would not report theft to their insurance in the United States in 2023." Chart. December 22, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1454763/reasons-not-to-report-theft-to-insurance-among-small-businesses-usa/
Forbes. (2023). Leading reasons small business retailers would not report theft to their insurance in the United States in 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1454763/reasons-not-to-report-theft-to-insurance-among-small-businesses-usa/
Forbes. "Leading Reasons Small Business Retailers Would Not Report Theft to Their Insurance in The United States in 2023." Statista, Statista Inc., 22 Dec 2023, https://www.statista.com/statistics/1454763/reasons-not-to-report-theft-to-insurance-among-small-businesses-usa/
Forbes, Leading reasons small business retailers would not report theft to their insurance in the United States in 2023 Statista, https://www.statista.com/statistics/1454763/reasons-not-to-report-theft-to-insurance-among-small-businesses-usa/ (last visited August 25, 2024)
Leading reasons small business retailers would not report theft to their insurance in the United States in 2023 [Graph], Forbes, December 22, 2023. [Online]. Available: https://www.statista.com/statistics/1454763/reasons-not-to-report-theft-to-insurance-among-small-businesses-usa/