Alarm Contractors Business Insurance

Running an alarm installation business involves more than just setting up security systems. At Baldon Insurance Group, we understand the unique risks you face and offer comprehensive alarm contractors business insurance that’s thoughtfully crafted for you. Our goal is to ensure you have the right coverage to keep your business protected and thriving.

Alarm-Related Businesses Face Significant Risks

Alarm-related businesses, including installers, alarm monitoring stations, and closed circuit television installers, face many significant risks. Injury to workers, property damage, and lawsuits can significantly impact an alarm contracting business’s operations and bottom line. Our comprehensive insurance solutions help businesses reduce risks and prevail through crises and unexpected events.

Recommended Coverage for Alarm Contractors

General Liability Coverage

General liability insurance helps protect the assets of an alarm installation company if it is sued for claims of negligence, personal injury, errors, omissions, and more. This protection includes:

• An aggregate limit that applies per project, rather than to all projects as a group.
• Automatic additional insured status for your work, including products-completed operations, when required by written contract.
• Waiver of subrogation when contractually required in writing.

Property Coverage

Property insurance helps protect the property an alarm contracting business owns and leases, including items such as computers, equipment, inventory, and furniture. Property coverage offers extensions and specialized industry options such as:

• Contractors Tools and Equipment
• Employees Personal Property
• Contract Penalties coverage

Workers’ Compensation Insurance

Workers’ compensation insurance provides pay-as-you-go premium payments based on actual monthly payroll figures to help better manage cash flow fluctuations and minimize audit adjustments. This coverage helps protect your employees and business from work-related injuries and illnesses.

Commercial Auto Coverage

Commercial auto insurance covers the vehicles that an alarm business owns, leases, rents, or borrows, both on the road and off. This coverage includes protection for electronic equipment in vehicles and lease and loan gaps.

Professional Liability Insurance

Professional liability insurance provides coverage for an insured who is held legally liable for the economic consequences arising from an error or omission in the professional alarm contracting services provided.

Umbrella and Excess Liability Coverage

Umbrella and excess liability coverage helps alarm contractors survive a significant liability claim that exceeds the limits of primary coverage.

Additional Solutions for Alarm Contractors

Additional coverage can include:

• Property in Transit
• Inland Marine Coverage
• Theft of Client Property / Third-party Crime Coverage
• Data Breach Coverage
• Cyber Security Coverage
• Representations and Warranties Coverage (R&W)
• Computer-Based Crimes or Cyber-Extortion Insurance
• Business Income Coverage
• Business Income for Off-Premises Utility Services
• Accounts Receivable Coverage
• Risk Engineering
• Multinational Coverage