Insurance Program Highlights
Your operation may offer the following services:
- Alarm System Installation, Servicing and Repair
- Security Systems Monitoring – monitoring company must be installer
- CCTV
- Fire Alarm Access Control
- Locksmiths – No more than 25% of total payroll
- Low-Voltage Wiring – Entertainment systems, central vacuum systems
We offer an alarm installation and monitoring insurance program that provides the comprehensive coverage you need at an affordable price.
Property & Casualty Coverage
- General Liability
- Professional Liability – Errors & Omission
- Products/Completed Operations
- Property Entrusted
- Employment Practices Liability
- Property
- Inland Marine
- Crime
- Umbrella
- Commercial Auto
- Workman’s Compensation
- Loss of Income/Business Interruption
- Bonds
Liability Coverage may include:
- Limits up to $1 million per occurrence/$3 million aggregate
- Professional Liability – Errors & Omission (E&O)security system installation insurance
- Premises and Completed Operations
- Employees as Additional Insureds
- Employment Practices Liability (claims-made coverage)
- Fire Legal Liability – $100,000 (higher limits available)
- Medical Expenses – $5,000
- Personal and Advertising Injury
- Newly acquired organization – 90 days
- Employee benefits (claims-made coverage)
- Contractual Coverage
- Plus Pak liability endorsement
Property Coverage may include:
- Building Coverage
- Contents Coverage
- Equipment breakdown on building and contents
- Plus Pak property endorsement
- Blanket insurance
- Business income (with extra expense and 0 hour waiting)
- Utility service – direct damage
- Utility service – time element
Other Insurance Options and Coverage may include:
- Umbrella – limits up to $10,000,000
- Electronic media and business interruption coverage
- Crime – Employee Dishonesty
- Mobile Equipment
- EDP Coverage
- Installation Floaters
- Equipment and Tool Floaters
- Auto
Bonds
- License and Permit Bonds
- Business Service Bonds
- ERISA Bonds
Requirements for this program:
- Applicant must have specific training and experience in the business of installation, monitoring, and/or servicing.
- Installed systems cannot be monitored by anyone other than the applicant
- A customer contract limiting damages is required for security installation and monitoring.
- A $500 property damage deductible per claim is required.
- Vehicle alarms are ineligible for this program.
Flexible Payment Terms — Pay as little as monthly
Choose the payment option that fits your budget. Because sometimes a smaller payment is easier on you.
- Annual
- Semi-annual
- Quarterly
- Down payment plus 9 equal payments (10 payments)
- Monthly (12 payments)