How is a private security company different than proprietary security?
A proprietary private security officer or PSO is a uniformed, unarmed individual who is employed exclusively by one employer to provide security services exclusively for his or her employer. A proprietary
private security officer is not contracted to provide security to any other entity or person other than his or her employer. A private security company can provide security services to many different businesses,
entities and individuals.
If you or your business employs proprietary private security officers, consult with a commercial insurance specialist from Alliance Insurance Agency Services, Inc to be sure
you and your business are protected!
What types of insurance coverages are available to contract security companies?
There are many types of insurance coverages available to contract security companies to help adequately cover a wide variety of risks and business environments.
The risks associated with contract security include:
personal injury to employees, bystanders and clients as well as risks of accusations of slander, false arrests and even libel. Other risks all too common in the contract security business are involvement in civil and criminal trials and the costs associated with your company's defense or worst yet, expensive court judgments against your company should your company be found negligent.
The many types of coverages available to help protect your security business from these risks include:
General Liability Insurance, Professional Liability Insurance including Errors & Ommissions Insurance (E&O) and Directors & Officers Insurance (D&O), Commercial Umbrella Insurance, Crime & Fidelity Insurance, Workers' Compensation, Commercial Auto Insurance, Commercial Property Insurance, Commercial Excess, Workers' Compensation, Inland Marine Insurance and Contractors License Bonds.
A Business Insurance Specialist from Alliance Insurance Agency Services, Inc. will help you evaluate your particular risks to determine the right combination of coverages for your security company!
For businesses that are currently covered but would like to fill in gaps in their policies or increase their total coverage, contact Alliance Insurance Agency Services, Inc.
for a free consultation and evaluation of your insurance needs.