Sometimes the best defense is a good offense. The security industry provides this offense for their customers, so Veracity provides a good offense for the security industry. With our comprehensive GL and Professional options, our markets can't be beat. With Veracity's Security Services Liability Insurance program, your clients know they are getting the coverage they need.
Overview of the Program from Veracity Insurance Solutions, LLC
Veracity Insurance Solutions offers a focused Security Services Insurance program designed for agents who place risks for security contractors, alarm and access control installers, patrol agencies, and related classes. We deliver General Liability and Professional Liability (Errors & Omissions) solutions through our MGA and Excess & Surplus lines broking capabilities, pairing flexible policy forms with access to exclusive underwriters and markets.
Coverage Highlights
- E&O included with many package options to protect against professional exposures
- Lost key coverage and Care, Custody & Control available for covered property exposures
- Vicarious liability wording to address subcontractor and employee-related claims
- Firearms coverage available with AM Best "A" rated carrier for qualified accounts
- All lines available except Workers Compensation
- Exclusive underwriters and varied carrier access to place difficult or niche risks
Target Classes and Ideal Accounts
Veracity’s appetite focuses on the core security and security-adjacent trades. Typical target classes include:
- Security guard services (armed and unarmed, with underwriting review for armed operations)
- Patrol agencies and mobile patrol services
- Fire and burglar alarm installation and service contractors
- CCTV, access control systems, and related low-voltage installation
- Home theater and home automation installers when bundled with security systems
- Other technology integrators performing monitoring, installation, or service work
What This Program Helps Manage
This program is designed to address the common exposures for security service providers: bodily injury and property damage from on-site operations, claims arising from negligent monitoring or system failures, lost keys or unauthorized access, theft or damage to customer property in care/custody/control, and allegations of improper performance (E&O).
Underwriting Notes and Minimum Premiums
- Minimum premium: $1,200.
- Workers Compensation is not provided through this program; place WC separately per state requirements.
- Armed guard operations, high-value contracts, and accounts with significant subcontractor use require detailed underwriting. Firearms coverage is available but underwriter approval is required.
- Appetite is broad, but accounts with known criminal histories, repeated claims, or operations outside standard security services should be submitted with full loss runs and detailed risk controls.
Territories and Availability
Veracity places business nationwide. This program is available in:
AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Admitted status: All available markets (admitted and non-admitted placements may be used depending on state and account characteristics).
Why Work with Veracity on Security Services
- Specialized underwriting for security trades—placed by an MGA and E&S broker experienced with these classes.
- Access to exclusive underwriters and AM Best "A" rated options for select coverages.
- Program wording that includes key endorsements agents commonly need, such as E&O and lost key coverage.
- Flexible state availability and the ability to place admitted or non-admitted paper as required.
- Underwriting support for complex risks and guidance on risk management expectations to improve placement success.
Example Accounts You Might Place
- A regional alarm installation company that performs design, installation, and monitoring for residential and small commercial accounts. They need General Liability with E&O and lost key coverage — a good fit for package placement through Veracity.
- A mobile patrol agency seeking liability and firearms coverage for a small fleet of armed guards. With full staffing records, training documentation, and prior loss history, Veracity can submit to carriers that underwrite firearms exposure.
Frequently Asked Questions
What types of accounts are a good fit for Veracity’s Security Services program?
Typical fits include security guard services, patrol agencies, alarm/CCTV/access control installers, and home automation or home theater installers that provide or service security systems. Accounts should have documented risk controls and standard contract provisions for security services.
Is Errors & Omissions (E&O) included?
Yes—E&O is included with many of the program’s package options. Exact terms and limits depend on the submission and underwriting approval.
Are firearms exposures covered?
Firearms coverage is available with select carriers (including AM Best "A" rated markets) but requires detailed underwriting. Provide staffing, training, weapon handling policies, and loss history when you submit armed operations.
What is the minimum premium and are there placement restrictions?
The program’s minimum premium is $1,200. Workers Compensation is not available through this program and must be placed separately. High-risk operations or accounts with adverse loss history may be referred or require specific underwriting conditions.
Which states do you write in?
Veracity can place risks in all listed states and DC across admitted and non-admitted markets as appropriate. State-specific rules may affect placement options; submit details and we’ll advise on the best market.
Need help placing an account? Connect with a market specialist.