What is public liability insurance for security industry*?
If you are a self-employed security guard, or operate a company in the security industry, you may need business and public liability insurance to protect your business from your security service risks.
Wherever you are in Australia you face risks by operating in the security industry.
Whether you provide patrol services, traffic control or cash in transit service there are potential risks, and you may be responsible if things go wrong.
As you may be aware, by offering security services the risks are greater than most occupations so it’s important to obtain suitable and affordable public liability and business cover.
What type of security companies can be covered with business insurance*?
Some of the types of security companies we may be able to help cover with business insurance include:
- Alarm response
- Alarm installation and CCTV installation
- ATM response
- Cash in ATM
- Cash in transit
- Crowd control
- Debt collectors
- Guard dogs
- Security consultants
- Security system installation
- Traffic control
Security Industry Insurance Quotes from SMART team of Brokers*
Where possible our friendly insurance brokers will obtain quotes on suitable business insurance policies for your security industry company from leading insurance companies or from a specialist security industry underwriter.
Limit of indemnity up to $50 million
Errors and omissions up to $1 million
Loss of keys available up to $300,000
Comprehensive cash in transit available up to $300,000
Comprehensive cash in safe available up to $100,000
Comprehensive cash in ATM available up to $100,000
Automatic care, custody & control limit of $100,000
Automatic medical malpractice extension for first aid.
Some of security company risks or services that we can not help cover* :
- Personal Injury to Employees
- Airport Security
- Inadequate Monitoring Equipment
- Batons & Handcuffs
- Persons, Vehicles & Goods under Escort
- Some licensed premises
- Participant to Participant (Personal Injury to any other Participant or Property Damage to any Participant’s property, whilst engaged in self-defence training activities operated by You.
- Nightclub operators
- Criminal Assault
How much does security industry business insurance cost?
The cost of security industry business insurance will vary depending on the type of security activity, size of the security business and claims history.
For more information on security industry insurance, including what business interruption insurance can cover, TALK to a SMART Insurance broker on 1300 542 573 for SMART insurance cover for your business.
1300 542 573
TALK to a SMART Business Insurance adviser
Monday – Friday 8.45 am - 6.00 pm AEST
*Important: Cover may be available subject to meeting insurers underwriting criteria. Some of the covers listed may or may not be available or may have limitations or exclusions. Cover inclusions vary significantly from insurer to insurer. DO NOT rely upon the above. Check your policy schedule carefully for inclusions and exclusions and limitations .Talk to a SMART business insurance broker on 1300 542 573 for more information.