Security Services / Investigators Professional Liability Insurance Coverage
Security Services Professional Liability Insurance (also known as Security Services Errors & Omissions Insurance, or Security E&O) protects security providers if a client alleges that you were professionally negligent or failed to perform professional duties, or in the case of the failure of your work to perform as promised in your contract.
Security Services E&O Insurance is available for all types of security service providers, including:
- Alarm Monitoring Services
- Bodyguards
- Guards
- Investigators, including Private Investigation Firms
- Surveillance and Search Services
- VIP Protection Services
Security Services Professional Liability Insurance Protects Your Business
The high cost of a legal defense could put your security services firm out of business. Your company's survival and your personal financial security depend upon protecting yourself against the impact of a lawsuit.
Almost any firm or individual that improperly performs services can cause a client to suffer an economic loss - and mounting a defense is expensive. The impact of even a baseless claim can be devastating. Would your company have the resources and expertise to defend against such a claim? Worse, could you pay restitution if you're found at fault?
Request a QuoteWhy Do I Need Security Services E&O Insurance?
An Errors & Omissions Policy helps protect the valued relationships you have developed by protecting both your client and your own financial security.
Mistakes Happen. As a security professional, you know even a small mistake can have serious consequences. Even the most skilled professionals are likely to make an error at some point. From catastrophic equipment failures to human oversights that result in personal injury, many incidents can result in a lawsuit.
You Can't Be All Places At Once. As your security firm becomes more successful, you may not be able to personally handle every aspect of each engineering project. Errors & Omissions coverage insures not only your mistakes, but also the mistakes of the employees and independent contractors you hire. Request a Quote
If you make a mistake and your client gets sued, your client wants to be sure you have the financial resources to compensate the company for its loss. Request a Quote
What Is Covered by Security Services Errors and Omissions Insurance?
Security Services Professional Liability Insurance includes legal defense costs - no matter how baseless the allegations. It will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Doesn't My General Liability Insurance Provide the Same Protection?
Errors and Omissions insurance coverage is not provided by a
Commercial General Liability policy. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Security professionals who have General Liability without Professional Liability (Errors & Omissions) coverage are taking a serious risk. It's like a doctor practicing medicine without Malpractice Insurance.
Request a Quote Selecting the Right Private Investigator Professional Liability Policy
Investigators and other security service professionals provide a wide range of services that vary from project to project. One project may involve particular technology risks, while another could create a personal injury liability. Therefore, it is important to buy an Security Services Professional Liability Insurance policy that provides coverage for diverse risks.
Brunswick Companies' professional liability specialists have the experience to help you compare policies from different insurance carriers to select the policy that best fits your firm's exposures.
Customized Security Services Professional Liability Insurance Coverage
Your Professional Liability Insurance policy can be customized to include:
- a business owners package that includes general liability insurance and property insurance
- options including coverage of Personal Injury claims
- defense costs outside the limits of liability
- deductibles beginning at $0
Contact Brunswick Companies today to
request an security services professional liability insurance quote.
We also offer general liability insurance and outsourced insurance risk management services.
