Overview — Security Alarm Program by OnPoint
OnPoint Underwriting’s Security Alarm Program provides a tailored Commercial General Liability policy combined with Professional Liability (E&O) specifically for the security, alarm, low-voltage and related electrical trades. Coverage is underwritten by the Underwriters at Lloyd’s (non-admitted, A (Excellent), FSC XV by A.M. Best) and is available across the U.S. This program is built for agents who need a specialty market with quick turnaround and industry-focused terms.
Program limits and key terms
- General Liability and Professional Liability (E&O): $1,000,000 per occurrence / $2,000,000 aggregate
- Additional limits available on request; excess/umbrella capacity up to an additional $5 million
- Minimum premium: $1,000
- Competitive rates, free certificates of insurance, and a 48-hour, no-obligation quote turnaround
Ideal accounts and appetite
This program is aimed at small to mid-sized contractors and technical service providers in the security and low-voltage space. Examples of ideal accounts:
- Systems integrators who design and install alarm or access control systems
- Alarm and monitoring contractors providing installation, repair and maintenance
- CCTV installers and access control technicians, including locksmith services tied to security systems
- Low-voltage electrical contractors who install cable TV, communications, home automation, lighting control and related systems
Accounts with clear scope of work, documented procedures, and routine client agreements are a particularly good fit.
Coverage highlights and advantages for agents
- Broadly worded GL and E&O coverage tailored to the unique exposures of security and low-voltage contractors
- Access to Lloyd’s market capacity for higher limits and excess placements
- Fast, industry-specific underwriting with a streamlined submission process and rapid certificates
- Competitive pricing for accounts that meet the program’s appetite and minimum premium
Underwriting notes and submission tips
Underwriting focuses on scope of work, revenue mix, subcontractor use, contract language and prior loss history. Include the following with submissions when possible:
- Completed application describing services and annual revenues by class
- Sample client contract or installation agreement
- Loss runs for the last 5 years (if available)
- Any relevant certifications, licensing and training for technicians
Typical declines or referred risks include work outside the program’s scope (e.g., high-voltage electrical contracting), extensive premises-based exposures unrelated to security systems, or clients with severe or frequent prior losses. Contact underwriting to clarify borderline risks.
Territories and admitted status
Available in all 50 states plus DC. Policies are issued through a non-admitted Lloyd’s facility; state availability and placement requirements should be verified per state.
Why place this business with OnPoint Underwriting
OnPoint combines focused underwriting for the security and low-voltage trades with access to Lloyd’s capacity. Agents benefit from industry experience, efficient turnarounds, and tailored GL + E&O wording designed for these exposures. For more information or a quote, call Richard Poling at 866.848.9195 or email [email protected].