General Liability Insurance: General liability insurance provides coverage for bodily injury and property damage that may occur while security personnel are performing their duties. It protects against claims from clients, customers, or third parties who suffer injuries or property damage as a result of security activities. Professional Liability Insurance (Errors & Omissions): Professional liability insurance, also known as errors and omissions (E&O) insurance, is essential for security professionals. It provides coverage for claims of negligence, errors, or omissions in the security services provided to clients. This coverage protects against legal fees, settlements, and damages if a client alleges that the security personnel's actions or advice caused financial harm or dissatisfaction. Worker's Compensation Insurance: Worker's compensation insurance is crucial for security companies with employees. It provides coverage for medical expenses, lost wages, and disability benefits if security personnel are injured or become ill while performing their job duties. This coverage ensures that employees are fairly compensated for work-related injuries or illnesses and helps protect employers from potential lawsuits. Business Property Insurance: Business property insurance safeguards the physical assets of the security company, including security equipment, vehicles, and office equipment, against damage or loss due to events such as fire, theft, vandalism, or natural disasters. Cyber Liability Insurance: Cyber liability insurance protects against data breaches, cyberattacks, and other cyber risks that could compromise sensitive client information stored electronically. This coverage may be relevant for security companies that handle client data or use electronic security systems. Commercial Auto Insurance: If security personnel use vehicles for patrol or transportation purposes, commercial auto insurance is necessary. This coverage provides protection for liability, property damage, and injuries resulting from accidents involving company vehicles. Employment Practices Liability Insurance (EPLI): EPLI protects the security company against claims of employment-related misconduct, such as discrimination, harassment, wrongful termination, or wage disputes. This coverage is essential for mitigating the legal and financial risks associated with employee lawsuits.