05/06/2021
Lower Liability Policy Premiums when you hire security guard? Yes!
Many insurance companies will charge a lower premium on liability policies after you hire security guards, particularly if you operate in the brick-and-mortar retail sector. The savings on commercial liability premiums can be significant, particularly if the insurance company considers that your business is located in an area where robberies and other incidents have been averted thanks to the presence and actions of security guards. Keep in mind this consideration will not apply in all situations. For example, insurers that provide coverage to condominium associations prefer unarmed security guards who are trained in basic life support.