Starting a security guard company?

Starting a security guard company?
January 3, 2013 GuardPro

If you have recently taken that first step on the path to starting your own security or private investigation company, it is time to begin thinking about some of the most important choices that will keep you, your business, your assets, and your employees protected in the event of an accident or legal battle.  Unlike many  other industries, those that work as security guards or private investigators will be presented with their own unique challenges, and this means comprehensive insurance is an important step in the process of creating a healthy and profitable company. is ready to guide you through the process of finding a robust policy for your offices, vehicles, employees, and more.

General liability policies are essential as they will allow your company to defend itself against a long list of potentially time-consuming and expensive legal battles.  These types of policies will assist your company in the event of damage to property or any injuries that take place during the course of business.  These policies may also cover any business assets that are lost, stolen, or damage depending on the form of coverage that is purchased.

Currently, every state throughout the country also requires businesses to maintain financial responsibility or workers’ compensation insurance in the event that an employee is injured while on the job.  This is another consideration that must be made as quickly as possible to reduce the risk of any permanent financial damage to the company if a civil trial or out of court mediation must take place.  For these policies, our agents work with a number of leading carriers that boast an A+ XV rating or better by AM Best.  This includes coverage for both armed and unarmed guards that are working at remote sites or injured during transportation.

If your company owns or hires vehicles, basic auto coverage will not be enough in the event of an accident that leads to damaged property, injuries, or even death.  Even minor automobile accidents could pose a huge risk to a company’s assets, and an auto insurance policy will provide the coverage that is needed for compensation ranging from medical expenses to punitive damages.

When it comes time to protect your company, nothing should be left up to chance.  Starting a new security business can be a daunting task, and BSGI is here to help you find the policies that you need in order to keep your company running as smoothly as possible.  As a division of Venture Pacific Insurance Services, you can rest assured that you will have access to all of the leading carriers throughout the country that can provide comprehensive policies for your company or affordable options for supplemental insurance.

Whether you are looking to start a smaller PI firm located in a single state or branching out with international security services, finding the appropriate insurance is one of the first steps that should be taken.   Contact BSGI today online or over the phone and we will help you begin the process of finding an affordable and inclusive policy for your company.

Here are some useful forms and documents.

Application Process Overview (Word Doc)

Application (Word Doc)

Interviews (Word Doc)

Summary at-will employment acceptance (Word Doc)

Useful links and resources

Bureau of Security and Investigative Services

Accredited Business Directory Security Guard Patrol Service

SecurityInfoWatch Forums – Discussions for the Security Professional