Colonial General Insurance can now provide our clients with access to coverage solutions for their security company categorized risks.
Overview of the Program From Colonial General Insurance
This Security Company Insurance program is designed for independent agents and brokers who place general liability and commercial auto-related risk for private security firms, unarmed guard services, and security support operations. Colonial General Insurance acts as a managing general agency and excess & surplus lines broker, giving you access to flexible non-admitted markets and some admitted options depending on state and risk profile.
Ideal Accounts and Appetite
- Unarmed guard firms providing mobile patrols, event security, residential/retail patrols, concierge/door staff, and alarm response (depending on scope).
- Small-to-mid sized operations with clear hiring, training, and background screening procedures.
- Clients with mixed exposures—liability, hired/non-owned auto exposure, and optional physical damage for company vehicles—are a good fit.
Accounts that typically do not fit this program include companies that rely primarily on armed guards (see commercial auto limitation), high-frequency use of heavy armored transport, or clients with a poor loss history or lacking basic risk controls.
Coverage Highlights and Advantages
- General liability limits up to $1,000,000 CSL to cover third-party bodily injury and property damage.
- Physical damage options (comprehensive and collision) with a range of deductible selections to match client budgets and tolerances.
- Radius extensions up to 500 miles for eligible mobile patrol and transport exposures—helpful for multi-site or regional operations.
- Access to both admitted (where available) and excess & surplus capacity through Colonial General’s market relationships.
Underwriting Notes and Minimum Premiums
Underwriting considers claims history, employee screening and training, supervision, vehicle fleets and usage, contract wording, and client site exposures. Because markets and available terms vary by state and carrier, minimum premiums and specific binding authority are determined at submission. Provide complete applications, driver lists, vehicle schedules, and current loss runs to accelerate review.
Example Scenarios
- You might have a small security company that provides unarmed mobile patrols for retail centers with a fleet of three vehicles and routine alarm response—this program can provide GL and physical damage with a tailored deductible and a radius extension.
- A concierge-style security provider for a residential community with background-checked staff and formal training programs could qualify for admitted or non-admitted appetite depending on state placement and loss history.
Territories and Availability
Available in: AZ, CA, CO, ID, NV, NM, UT, WY. Placement will depend on admitted availability in the state and the specific carrier appetite; Colonial General manages placement across both admitted (where offered) and excess & surplus markets. The program currently lists "Some Available Markets" for admitted capacity and works with varying carriers.
Why Work With Colonial General Insurance on This Business
Colonial General offers focused distribution for security company risks through MGA and E&S broking expertise. Agents benefit from flexible deductible options, competitive radius terms for mobile operations, and access to markets that understand the unique exposures security firms present. Submissions with clear documentation and well-defined risk controls receive faster consideration and more favorable placement options.
Frequently Asked Questions
What types of security companies are a good fit for this program?
Unarmed guard firms, mobile patrol providers, concierge/door staff, and similar operations with documented hiring and training practices are the primary targets. High-risk armed guard operations are generally not eligible for commercial auto through this program.
Can I place accounts with armed guards?
The program’s Commercial Auto department does not currently accept security companies that employ armed guards. Liability-only options may be explored on a case-by-case basis, but expect stricter underwriting and limited market capacity.
How does the radius extension work and when is it useful?
Radius options up to 500 miles can be added for eligible mobile patrol and transport operations to extend coverage territory for scheduled vehicles or services. This is useful for clients servicing multiple sites across a region—underwriting will evaluate distance, travel patterns, and controls.
What submission materials speed up underwriting?
Provide a completed application, current loss runs (typically 3–5 years), driver lists and MVRs for vehicle exposures, vehicle schedules, client contracts, and written hiring/training policies. Clear documentation helps Colonial General identify the best market quickly.
Need help placing an account? Connect with a market specialist.