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 (Not available in Michigan)

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)

Areas Served

areas served

Contact

morency insurance


Kevin Morency
Morency & Associates, Inc
1194 Long Hollow Pike
Gallatin, TN 37066

615-451-4887    (Phone)
877-244-9090    (Toll-Free)
630-240-4299    (Mobile)
615-452-6580    (Fax)
Kevin Morency  (Email)