As security experts since 1968, El Dorado Insurance Agency, Inc. is well known for creating customized insurance for security companies to meet the special requirements each company needs. Every business offers a slightly different type of security and that means the insurance they need can vary widely as well.
Some security guards may sit behind a desk, while others may patrol in vehicles that also need to be insured with commercial insurance. Some security guards deal regularly with the public, while others work in private installations that aren’t open to the public.
All of these tasks carry different types of liability, which require different types of insurance.
We offer a wide range of programs that allow us to tailor make a package to meet the specific needs of your individual business. In addition, we work hard to ensure you have all the coverage you need without carrying additional coverage that you don’t.
When building custom packages, we carefully scrutinize all of your policies to ensure you are getting the very best coverage at the most competitive pricing available.
General Liability Premiums
These types of policies and premiums can vary widely, making it difficult to provide an average estimate. A small security company may pay $3,000 to $4,000 per year for a good General Liability policy, but there are several factors that help us provide the best price and coverage. Key considerations may include:
Operations – What type of clients does your firm work for and where are you providing those services?
Contractual Obligations – Are you having your clients sign your own contract or do you sign their form? What language is included in these forms?
Loss History – Has your firm experienced any losses in the past? Were there any factors that could help an underwriter understand these losses more clearly?
Management Experience – How much experience does management have in the security industry? How long has the firm itself been in business?
Rely on the Security Guard Insurance Experts
El Dorado Insurance Agency, Inc. is celebrating 50+ years as a reliable leader in the security industry. Call us today at 800-221-3386 to receive a free quote or visit our Application Center to apply for security guard insurance coverage.