Security services insurance

Premier insurance solutions and risk minimization services

SECURITY SERVICES INSURANCE

Premier insurance solutions and risk minimization services

SECURITY SERVICES RISK EXPERTISE

Security service operations including security guards, investigation, security system installation, and monitoring services have unique risks associated with their business.  These operations serve as emergency responders and prevent crimes at their clients’ locations.  Though a lot of security services daily duties are routine, staying alert and ready to respond to an emergency is the priority.  We have protected numerous security businesses protect themselves from loss.

FAQ

Do Security Services need insurance?

 Yes, security operations have a lot to protect.  They need insurance to protect their property, equipment, employees, vehicles, as well as third party liabilities.

What are some notable risks facing Wholesale Distribution businesses?

  • Employee Injury: Stress-related illnesses may arise due to the serious nature of the work. Guards that work alone in dark areas may be targeted by burglars.  While responding to alarms, employees may be injured in auto accidents, threatened, or physically attacked by intruders.  Proper training is necessary with regards to use of autos, firearms, and general procedures.
  • Property in Transit: Equipment transported to job sites may be at risk of theft.  Surveillance equipment can be highly sophisticated and a target.  All equipment should be secured and locked up when not in use.    
  • Professional Liability: The protection offered to clients for safety and security create risk if the security operation fails in its professional duty to the client. The commitments and promises made by the security company should be review and evaluated.
  • Automobile: All drivers must be licensed with acceptable MVRs. If the service responds to alarms, the warranties and guarantees provided to clients concerning response time should enable employees to respond without having to break or disobey any traffic laws.  If company vehicles are provided to employees, written procedures should be in place regarding personal use.

Which insurance coverages are needed for Security services?

Insurance coverages needed for security services include (but not limited to) Property, Inland Marine, Crime, General Liability, Professional Liability, Auto including Hired and Non-Owned, Workers Compensation, and Umbrella.

How much does insurance cost for Security services?

Insurance premiums for security services will vary based upon several factors.  Each policy is rated on different exposures which may include payroll, revenue, property value, location, driving record, claims history, among others.

How do I purchase Security Services insurance?

Biscayne Risk & Insurance Group can help guide you through the insurance buying process.  Contact us at 561.571.1001, quotes@biscaynerisk.com, or via the contact form below.

GET STARTED

Phone
561-571-1001

Email
hello@biscaynerisk.com

SECURITY SERVICES

RISK EXPERTISE

Security service operations including security guards, investigation, security system installation, and monitoring services have unique risks associated with their business.  These operations serve as emergency responders and prevent crimes at their clients’ locations.  Though a lot of security services daily duties are routine, staying alert and ready to respond to an emergency is the priority.  We have protected numerous security businesses protect themselves from loss.

FAQ

Do Security Services need insurance?

 Yes, security operations have a lot to protect.  They need insurance to protect their property, equipment, employees, vehicles, as well as third party liabilities.

What are some notable risks facing Security Services?

  • Employee Injury: Stress-related illnesses may arise due to the serious nature of the work. Guards that work alone in dark areas may be targeted by burglars.  While responding to alarms, employees may be injured in auto accidents, threatened, or physically attacked by intruders.  Proper training is necessary with regards to use of autos, firearms, and general procedures.
  • Property in Transit: Equipment transported to job sites may be at risk of theft.  Surveillance equipment can be highly sophisticated and a target.  All equipment should be secured and locked up when not in use.    
  • Professional Liability: The protection offered to clients for safety and security create risk if the security operation fails in its professional duty to the client. The commitments and promises made by the security company should be review and evaluated.
  • Automobile: All drivers must be licensed with acceptable MVRs. If the service responds to alarms, the warranties and guarantees provided to clients concerning response time should enable employees to respond without having to break or disobey any traffic laws.  If company vehicles are provided to employees, written procedures should be in place regarding personal use.

Which insurance coverages are needed for Security Services?

Insurance coverages needed for security services include (but not limited to) Property, Inland Marine, Crime, General Liability, Professional Liability, Auto including Hired and Non-Owned, Workers Compensation, and Umbrella.

How much does insurance cost for Security Services?

Insurance premiums for security services will vary based upon several factors.  Each policy is rated on different exposures which may include payroll, revenue, property value, location, driving record, claims history, among others.

How do I purchase Security Services insurance?

Biscayne Risk & Insurance Group can help guide you through the insurance buying process.  Contact us at 561.571.1001, quotes@biscaynerisk.com, or via the contact form below.

 

COMMON COVERAGES

Business Auto Insurance

Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business.

Commercial Property Insurance

Commercial property insurance protects your assets in the event they are stolen, damaged or destroyed in a fire or natural disaster. 

Flood Insurance

At least 25 percent of businesses that close after destructive events such as floods never reopen.

Inland Marine Insurance

Inland marine insurance is coverage that protects your business property while it’s away from your business location.

Business Onwers Insurance (BOP)

A Business Owners Policy (BOP) combines business property and liability insurance into one convenient policy.

Directors & Officers Liability Insurance

Covers directors and officers for claims made against them while serving on a board of directors and/or as an officer. 

General Liability Insurance

Coverage that protects your business in the event a non-employee is injured or property you do not own is damaged.

Workers' Compensation

Coverage for employees who are injured on the job or contract work-related illnesses. Workers’ Compensation is usually mandated by state law.

OUR EXPERTISE

  • Private Security Guards
  • Armed Guards
  • Investigation Services
  • Alarm System Installation
  • Alarm System Monitoring

GET STARTED

HOW CAN WE SERVE YOU?

CALL | 561-571-1001

EMAIL | hello@biscaynerisk.com

HOW CAN WE SERVE YOU?

CALL | 561-571-1001

EMAIL | hello@biscaynerisk.com