Alarm Contractors Business Insurance


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. However, risk managers for alarm contractors can rest assured The Hartford is here to help businesses reduce risks and prevail through crises and unexpected events.
Recommended Coverage for Alarm Contractors
The Hartford’s General Liability Choice® helps protect the assets of an alarm installation company if it is sued for claims of negligence, personal injury, errors, omissions, false advertising, and more1. For alarm contractors, 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.
1 Must be written to qualify for program.
Property Choice® helps protect the property an alarm contracting business owns and leases, including things like computers, equipment, inventory and furniture.
 
The Hartford also offers our optional Supplemental Property Insurance Coverage Endorsement (SPICE®), which can help cover:
 
  • Contractor’s equipment
  • Lock re-keying or replacement
  • Employee theft
The Hartford is a leading provider of Workers’ Compensation Insurance. XactPAY® offers pay-as-you-go workers’ compensation premium payments based on actual monthly payroll figures to help better manage cash flow fluctuations and minimize audit adjustments. Best of all, this is offered at no extra cost.
Helps cover the vehicles that an alarm business owns, leases, rents or borrows – on the road and off. At no additional cost, commercial auto insurance helps cover electronic equipment in vehicles, along with lease and loan gaps. The Hartford provides a wide range of specialized services designed to help businesses improve their drivers’ safety.
 
Helps provide 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.
 
Helps alarm contractors survive a significant liability claim that exceeds the limits of primary coverage2.
 
2 Coverage to a maximum limit of $10 million.
Additional Solutions for Alarm Contractors
Helps cover business property damaged during shipment.
Inland Marine is a specialized type of insurance policy sometimes referred to as a “floater” because it typically covers property not covered by other policies. Our specialized underwriters have the tools and knowledge to help customize coverage for most alarm contracting businesses.
Often included within the insurance requirements section of contracts for alarm contracting businesses, this coverage specifically helps protect against theft of a client’s property by an Insured’s employee.
Helps protect against management liability risks faced by alarm contractors and their leaders. Our offering includes:
 
  • Directors, Officers and Entity Liability Coverage (D&O) – helps protect alarm contractors, their directors, officers and management team against loss that arises out of the day-to-day operations and management of the company.
  • Employment Practices Liability Coverage (EPL) – helps protect alarm contractors from damages and defense costs that arise out of employment-related disputes, including but not limited to alleged discrimination, sexual harassment, violation of the Family and Medical Leave Act, refusal to hire and wrongful termination or discipline.
  • Fiduciary Coverage – helps cover employee claims related to the design, administration and maintenance of company-sponsored retirement, health, and other employee benefit plans.
  • Crime Coverage – helps protect alarm contractors against loss from employee theft, computer fraud and other similar crimes.
  • Kidnap/Ransom & Extortion Coverage (K&R) – helps protect against financial losses due to kidnap and ransom/extortion, both in the U.S. and abroad.
Helps alarm contracting businesses comply with regulatory requirements when a data security breach occurs; provides guidance on how to prevent and handle a breach; and helps cover response and liability expenses to quickly restore confidence in the policyholder’s business.
 
Our end-to-end cybersecurity solutions protect Alarm Contractors from a broad range of potentially severe third-party liability and first party risks associated with data privacy and network security breaches, including hacking, malicious software, activities of rogue employees, hardware theft, employee error and more.
Helps alarm contractors reduce common merger and acquisition (M&A) risks.
Helps cover expenses related to computer-based extortion or other similar crimes.
Offers up to 25% of the adjusted loss from damaged covered equipment to be put towards “green” equipment that is more efficient and better for the environment.
Helps cover lost business income if the company is not able to conduct business due to a covered loss.
Helps cover lost business income if the company is not able to conduct business due to an interruption in utility services.
Helps cover the costs to recover or reconstruct accounts records that are lost or damaged by a covered event, so businesses are able to reissue invoices and collect outstanding balances.
The Hartford’s innovative Risk Engineering team strives to help companies run safer and ultimately more profitable businesses with risk engineering services that include risk exposure evaluations, consultations, and recommendations for improving businesses’ safety and security. 
 
The Hartford offers U.S. domiciled companies a spectrum of coverage that goes far and wide. Whether you need to cover employees traveling abroad or a whole overseas enterprise, The Hartford can offer the right package of protection with options ranging from The Hartford Passport Package to The Hartford’s Controlled Master Policy (CMP) with local multinational policies – in one coordinated insurance program.
 

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The Hartford® is The Hartford Financial Services Group, Inc. and its property and casualty subsidiaries, including issuing company, Hartford Fire Insurance Company. Its headquarters is in Hartford, CT.
 
Certain coverages vary by state and may not be available to all businesses. All Hartford coverages and services described on this page may be offered by one or more of the property and casualty insurance company subsidiaries of The Hartford Financial Services Group, Inc. In TX, this insurance is written by Sentinel Insurance Company, Ltd., Hartford Casualty Insurance Company, Hartford Lloyd’s Insurance Company, Property and Casualty Insurance Company of Hartford, Hartford Underwriters Insurance Company, Twin City Fire Insurance Company, Hartford Accident and Indemnity Company and Hartford Fire Insurance Company. In CA by Sentinel Insurance Company, Ltd. (CA license # 8701) and its property and casualty insurance company affiliates, One Hartford Plaza, Hartford, CT 06155.