| Security Guard and Security Service Company | | | | coverage you should have on your security |
| Insurance - Covering Your Business with Business | | | | business is Liability. This will help protect you and |
| Liability Insurance Is Essential | | | | your company from loss associated with |
| Pretty much no matter what we do, we are told | | | | accidents that occur in company cars or accidents |
| we should have insurance to coincide with it. This | | | | that might happen on your property or, more |
| is very true for our health, homes, cars, life, and | | | | importantly, on the property of others. |
| businesses. The Security Industry, including | | | | You will need to know the risks associated with |
| security guard companies, alarm companies, | | | | your business or occupation to make sure you |
| private investigator firms or individuals, polygraph | | | | receive adequate coverage. Other coverage is |
| services and personal security services, is one of | | | | available for your business on top of liability, but |
| the most closely regulated industries. However, | | | | you will need to figure out with your insurance |
| the coverage requirements for such businesses is | | | | broker what is the right type for you business so |
| less specific, leaving the options to the insured. | | | | you are completely covered. For example, does |
| Due to the many additional hazards associated | | | | the policy cover assault and battery, care |
| with companies and individuals serving in the | | | | custody and control, errors and omissions |
| security industry, it is important to understand | | | | (including financial loss), punitive damages, false |
| what is covered and what is not. | | | | arrest, canines, libel and slander, and firearms? |
| Specialized coverages by agents and carriers who | | | | You will, or course, have to carry workers |
| understand the risks and provide comprehensive | | | | compensation insurance if you have any |
| protection should be your first choice. Often, | | | | employees and if you offer health benefits to |
| uninformed or inexperienced agents or agencies | | | | them. |
| overlook the special insurance needs of members | | | | If you are the chief executive or the owner, |
| of the security services industry. The process of | | | | what about insurance for yourself, so in the event |
| making a claim is not the time to find out your | | | | of your death, the benefits would be given to the |
| were not protected. Standard business insurance | | | | company in order for the company to switch |
| is different from this type of coverage. When | | | | hands within the family or to make it free and |
| dealing with business insurance, it is meant to | | | | clear from debt. |
| protect you and your business partners from | | | | Your security services business is your |
| dealings with others and with loss associated from | | | | investment into your future and your loved ones |
| fire, theft, or natural disasters. Good | | | | futures. Protecting it with adequate insurance is |
| security-related insurance goes far beyond, and | | | | one way to ensure it stays in business to |
| the best products and providers keep premiums | | | | continue to provide the security services you |
| low. | | | | began. |
| The first and probably most important type of | | | | |