Installers of burglar alarms, fire alarms, and central monitoring systems face daily challenges—from stiff competition to rapidly changing technology. With Novatae Risk Group’s Alarm Installation Workers Compensation Insurance program, you can place your alarm contractor accounts with confidence and pass reliable coverage and competitive pricing along to your clients.
Novatae Risk Group works with multiple markets to deliver a focused Workers Compensation solution for alarm installation contractors. Our program is structured to simplify placement for agents while addressing the specific exposures of the trade.
Please contact us at 800-758-8113 to speak to our experienced brokers about your Alarm Installation Workers Compensation Insurance accounts.
Program Features:
- Only $7,500 Minimum Premium
Program Highlights:
- 10% commission
- Fast turnaround for quotes with completed application
- Coverage available in over 20 states
Submissions:
- Acord 130
- 3 Years Loss Runs
- Supplemental Questionnaire
- Details on Large Losses
Overview of the Program From Novatae Risk Group
This program is designed specifically for contractors who install, service, and monitor alarm systems. Novatae Risk Group, acting as a managing general underwriter and excess & surplus lines broker, places these accounts with carriers that understand the trade’s unique exposures—field work, ladder and rooftop access, small-contractor payrolls, and installation-related risks.
Ideal Accounts and Appetite
- Small to mid-sized alarm installation contractors and low-volatility service firms
- Companies performing burglar alarm, fire alarm, CCTV, access control, and central station monitoring installation and service
- Accounts with organized safety programs and documented loss history
Typically not a fit: contractors with recent large or catastrophic losses, significant payroll outside the stated classes, or high-risk specialty contracting unrelated to alarms.
Coverage Highlights and Advantages
- Program tailored to alarm trade exposures with flexible market access (carriers vary)
- Fast quote turnaround when submission requirements are complete
- Competitive terms for well-documented accounts and risk-managed operations
Underwriting Notes and Minimum Premiums
Underwriting requires a completed Acord 130, three years of loss runs, and the supplemental questionnaire. Provide details on any large losses to avoid delays. The program carries a minimum premium of $7,500; specific terms and pricing depend on the carrier selected.
Territories and Availability
Available in the following states: AL, AK, AZ, AR, CA, CO, CT, FL, GA, IL, KY, LA, MS, MO, NV, NJ, NM, NY, NC, PA, SC, TN, TX, UT, VA, WV. Placement may be admitted or non-admitted depending on state and carrier—please confirm on a per-submission basis.
Why Work With Novatae Risk Group on Alarm Installation Workers Comp
- Specialized program focus that helps match alarm contractors with appropriate markets
- Quick response for complete submissions and access to multiple carriers (carriers vary)
- Experienced underwriting that understands installation exposures and can evaluate complex loss histories
Example account: You might have a three-person alarm installation and service firm with steady payroll, a clean three-year loss run, and routine ladder/roof work—this program can offer market options with competitive terms and prompt quoting.
Do you need a Workers Compensation Insurance Quote for your Alarm Installation client?
Send an email to [email protected] with your coverage needs or call 800-758-8113 to speak to an underwriter immediately.
Frequently Asked Questions
What types of alarm contractors are a good fit for this program?
Small to mid-sized firms that install and service burglar alarms, fire alarms, access control, CCTV, and central monitoring systems are ideal—especially those with organized safety practices and three years of loss history.
What submission materials are required to get a fast quote?
Provide a completed Acord 130, three years of loss runs, the supplemental questionnaire, and details on any large losses. Complete submissions receive the quickest turnaround.
Is this program admitted or non-admitted?
Availability depends on the state and the carrier selected. Novatae Risk Group places business in both admitted and excess & surplus markets as appropriate for the account.
What is the minimum premium for this program?
The program has a minimum premium of $7,500. Final pricing and terms depend on the carrier and underwriting review.
Who should I contact to start a submission?
Send the required submission materials via email to the program mailbox or call the listed phone number to reach an underwriter; include payroll and loss run details to speed processing.
Need help placing an account? Connect with a market specialist.