Commercial general liability
Commercial general liability for premises and operations exposures of qualifying security and investigative companies.
Security Guard Insurance
Commercial Package SolutionsFor Security Operations
Greenwood General gives retail agents and brokers wholesale market access to General Liability, Commercial Property, Errors & Omissions, Assault or Battery, and specialty package solutions for eligible security guards, private investigators, and alarm companies, subject to underwriting.
Wholesale Security Insurance
Security-industry markets built for
specialized liability exposures
Coverage options may include commercial general liability, commercial property, Errors & Omissions, and Assault or Battery, with blanket additional insured options for qualifying accounts. Availability depends on armed versus unarmed operations, contractual responsibilities, client types, and loss history. Explore all of our wholesale commercial insurance markets.
✓Unarmed security guards
✓Armed security guards
✓Private investigators
✓Alarm installation and monitoring
✓Additional package markets available
✓A-rated, non-admitted carrier options
Available Coverages
Liability and property coverage for security companies
Build the placement around the insured's operations, contracts, personnel, property, and professional responsibilities.
Errors & omissions
Professional liability protection for allegations involving security services, monitoring, or investigative work.
Assault or battery
Coverage options for qualifying assault or battery exposures arising from security operations.
Commercial property
Commercial property for eligible office, monitoring, and alarm-company locations up to applicable TIV limits.
Key & lock replacement
Coverage for eligible key, lock, and access-control replacement expenses following covered incidents.
Additional package coverages
Other liability and property enhancements, including excess liability, may be available based on the insured's operation and underwriting.
Target Operations
Security risks considered by operation type
The correct market depends heavily on whether guards are armed, the types of premises protected, contractual obligations, and the services performed — subject to underwriting.
Security guards & private investigators
Liability-focused- Unarmed security guards
- Armed security guards
- Mobile patrol, executive protection, and event security
- Private investigators and investigative services
- General Liability, E&O, and specialty coverages considered
Alarm & security systems
Package eligible- Alarm installation and security system contractors
- Alarm and security-system monitoring
- General Liability and Property
- Property capacity up to $5M TIV
- $3,500 package minimum premium
Underwriting Guidelines
What underwriting reviews on a security submission
Complete operational details help route the account correctly and reduce follow-up questions.
Armed versus unarmed operations
Clearly separate armed and unarmed payroll, personnel counts, and revenue.
Client and venue types
Identify retail, residential, industrial, hospitality, event, governmental, or other protected premises.
Contracts and indemnification
Provide sample contracts and explain hold-harmless, indemnification, and additional-insured requirements.
Training and licensing
Include licensing status, guard training, firearm procedures, background checks, and supervision controls.
Loss history
Attach currently valued loss runs and a narrative for any assault, battery, theft, or professional claims.
Alarm and monitoring services
Describe installation work, monitoring responsibilities, subcontracting, and emergency-response procedures.
Submission Requirements
How to submit a security guard risk
Send a complete file so underwriting can evaluate guard type, contracts, professional exposures, property, and loss history.
Complete the ACORD forms
Include ACORD 125, 126, 140 when property is requested, and all applicable supplemental applications.
Provide operational details
Break out armed and unarmed operations, payroll, revenue, contracts, clients, and services performed.
Attach loss runs and contracts
Include currently valued loss runs, sample contracts, training procedures, and licensing information.
Submit for underwriting
Send the complete file through Greenwood General's online submission portal for market review.
Broker FAQs
Security guard insurance FAQs
Answers to common questions brokers ask before submitting a security or investigative account.
Are unarmed security guards eligible?
Yes. Unarmed security guard companies are a target class for qualifying liability and package placements, subject to underwriting.
Are armed security guards eligible?
Armed guard operations may be considered for General Liability, subject to the insured's contracts, training, licensing, clients, firearm procedures, and loss history.
Can mobile patrol and executive protection firms be considered?
Mobile patrol companies, executive protection firms, and related security operations may be considered, subject to the services performed, contracts, client types, and underwriting review.
Are private investigators eligible?
Private investigators may be considered, with coverage depending on the services performed, surveillance activities, contracts, and professional liability exposure, subject to underwriting.
Can alarm installation and monitoring companies qualify?
Alarm installation, alarm monitoring, and security-system operations may qualify for General Liability and Property on eligible package accounts, subject to underwriting.
Is Professional Liability or Errors & Omissions available?
Errors & Omissions may be available for allegations involving security services, monitoring, or investigative work, subject to operations and underwriting review.
Is Assault or Battery coverage available?
Assault or Battery coverage may be available for qualifying accounts, subject to class, operations, client types, and underwriting review.
Is Commercial Property available?
Property may be included for eligible package accounts, including qualifying alarm and monitoring operations, with capacity up to $5M TIV, subject to underwriting.
Is Excess Liability available?
Excess Liability may be available for qualifying security accounts over eligible underlying coverage, subject to underwriting.
What is the minimum premium?
Commercial package minimum premiums may start at $3,500. Final minimums vary by operation, state, coverage, and underwriting.
How should payroll be broken out?
Provide a clear split between armed and unarmed operations, including separate payroll, personnel counts, and revenue, which helps route the account to the correct market.
What should a broker submit for a security guard quote?
A complete submission typically includes ACORD 125, 126, and 140 when property is requested, applicable supplemental applications, a breakout of armed and unarmed operations and payroll, sample contracts, licensing and training details, and currently valued loss runs.
Built for Brokers
Have a security account ready to place?
Send the submission to Greenwood General for access to liability, property, professional, and specialty insurance options for qualifying security operations — or contact underwriting to confirm eligibility.