Security Guards & Private Investigators Insurance Program from Bailey Special Risks, Inc.
Conducting investigations, background checks, and surveillance work can expose your clients to significant liability risks. Whether you're working with a one-person operation or a nationwide security firm, Bailey Special Risks, Inc. (BSR) offers tailored General and Professional Liability solutions specifically designed for security professionals. Through A.M. Best A-rated carrier First Mercury Insurance Company, BSR delivers non-admitted coverage that meets the unique needs of armed and unarmed security guards, private investigators, patrol agencies, and armored car personnel.
Ideal Accounts and Underwriting Appetite
This program is well-suited for a wide range of security-related businesses, including:
- Independent armed or unarmed security guards
- Private investigation firms
- Patrol service companies
- Armored vehicle services
- New ventures and established operations alike
You might be working with a client launching a new security patrol service or looking to place coverage for a long-standing private investigations firm with multiple field agents. BSR’s flexible underwriting approach allows you to accommodate both scenarios and everything in between.
Coverage Highlights and Advantages
The Security Guards & Private Investigators program offers comprehensive protection against the everyday exposures your clients face. Coverage options include:
- Bodily Injury and Property Damage
- Personal Injury and Theft
- Assault & Battery – critical for high-risk security work
- Errors & Omissions – protects against professional mistakes
- Punitive Damages – where insurable by law
- Lost Key Coverage
- Blanket Additional Insureds and Waiver of Subrogation options
BSR also provides a full range of deductible or Self-Insured Retention (SIR) choices, giving agents flexibility to match policy structures with client risk tolerance and budget.
Program Features and Minimums
There is no minimum account size—BSR can accommodate everything from individual operators to national security firms. Whether placing new business or moving an established account with claims history, BSR is equipped to provide competitive solutions.
Territories and Availability
This program is available on a non-admitted basis in the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, MO, NV, NJ, NY, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, and WY.
Why Work With Bailey Special Risks, Inc.?
BSR is a seasoned wholesale broker with deep experience in placing coverage for niche and high-risk classes. Their specialized focus on security-related risks means you get knowledgeable underwriting, responsive service, and access to strong markets like First Mercury. Whether you're placing a simple guard policy or a complex risk with multiple exposures, BSR helps you deliver tailored solutions quickly and effectively.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for armed and unarmed security guards, private investigators, patrol services, and armored car personnel, from solo operators to national firms.
Can I place new ventures or startups through this program?
Yes, BSR accepts new businesses as well as established operations. Startups with solid business plans are welcome.
Is Assault & Battery coverage included?
Yes, Assault & Battery is included, which is especially important for clients working in higher-risk environments.
Are there deductible or SIR options available?
Yes, the program offers a full spectrum of deductible and Self-Insured Retention (SIR) options to suit your client’s needs.
In which states is this program available?
The program is available in over 40 states, including CA, TX, FL, NY, and others. Please refer to the full list above for all eligible states.
Need help placing an account? Connect with a market specialist.