Here at InsuranceHub, we supply affordable:
- Landscaping insurance
- Lawn care insurance
You have worked hard at building up your lawn business and you have many spent years in the trenches to become an expert. You are rightly concerned about protecting yourself from liability. After all, your clients rely on your advice and to take care of he landscaping. That is why you can be sued for negligence in performance of your duties. The scary thing is that many landscapers and lawn mowing services run their business without liability insurance.
What would you do if you were hit with a liability suit for more than your current security system monitoring insurance covered?
Thankfully, here at InsuranceHub, we have experience helping:
- Residential security system installers
- Commercial and industrial burglar alarm contractors
- Security alarm monitoring companies
- Video camera installers
We understand what goes on behind the scenes to retro-install a security system in someone's home. We know it involves crawling in attics and crawlspaces. We know it involves fishing wires behind walls and under molding and carpeting. Our agents recognize that you will be installing motion sensors, door contacts, window contacts, control panels, keypads and wireless remotes. We also understand the responsibility that goes along with monitoring someone's system.
Types of exposure that security alarm installers and monitoring companies need protection from:
Property exposures: This is big if you are doing any monitoring of these systems. Make sure that you have power backup systems in place in case of power outage. It also makes sense to have backup equipment so that you have spares if the equipment fails. Make sure that you take the time to test and maintain all the equipment so that it will work around the clock every day of the year. Finally, make sure that all wiring is done by licensed and insured contractors.
Extra expense exposures: This can be expensive if you are providing monitoring services. Clients count on their system being monitored 24/7. You need a contingency plan in case your location is shut down because of a storm or fire damage.
Equipment breakdown exposures: What happens if you suffer a breakdown of computers and monitoring equipment, electrical control panels, and other equipment? Talk to your agent about an equipment breakdown policy.
Crime exposure: This comes from your employees. You will be having installers working in their homes and businesses. Take the time to check back grounds on all employees.
Inland marine exposures include:
- accounts receivable
- valuable papers and records
Your biggest concerns can come from power failure, power surges and fire, water and smoke damage.
Keep copies of all records off site.
Premises liability exposures: This is probably limited at your office since your installers go to people's homes.
However, your liability is high on the job sites since you have employees working in people's homes and businesses. You have concerns about damaging your client's property during installation. You also have concerns with employee theft at your client's location. Remember to do background checks on all employees.
Automobile exposures: Do you have trucks that your service techs and installers use? Do motor vehicle background checks on all drivers. Sign your drivers up for defensive driving classes.
Workers compensation exposures: You have office exposures with computer operators. Make sure all computer users are using ergonomically designed workstations.
On-site workers face problems carrying and climbing ladders. teach them safe lifting techniques to avoid back injuries.
Here is the minimum recommended burglar alarm contractor insurance coverage:
- Business Personal Property
- Extra Expense
- Equipment Breakdown
- Employee Dishonesty
- Accounts Receivable
- Valuable Papers and Records
- General Liability
- Employee Benefits Liability
- Umbrella Liability
- Hired and Nonownership Auto Liability
- Workers Compensation
Other security system contractor insurance coverage to consider:
- Employment-related Practices Liability
- Automobile Liability and Physical Damage