Security guard and alarm companies have unique exposures that make these services not the typical main street type business. Because of their exposures, these must be matched to an insurance company proficient in the business so ratings must be matched to risk. Most of these companies can provide risk management tools to aid in reducing both number and severity of claims. These risks include bodily injury and property damage to others. These are the type claims filed resulting from their particular business operations.
Proper insurance evaluation of the risks involved can help in finding the best premium match to the risk, but can also avoid a security business from being under-insured when a loss does occur. Please contact your agent or talk with one of ours to find out more about this type of insurance.
Commercial Insurance.Net, LLC Advisor is not an attorney, accountant or certified financial planner and makes no representations or warranties to that effect. Always check with your chosen professional as to statements made in this blog for your particular situation.