Alarm Contractors Insurance

Continuous Coverage, Built to Complement your Business

Texas Risk Solutions provides insurance to Alarm Contractors in New Braunfels, San Antonio, Kerrville, Boerne, Floresville, Austin, and surrounding areas.

As an alarm contractor, clients regularly entrust your business to protect important and valuable property. This level of responsibility creates significant risks and exposures, as even a single accident or error could lead to devastating losses. With that in mind, your business must protect its finances and future with alarm contractors insurance.  

What Is Alarm Contractors Insurance? 

As its name suggests, alarm contractors insurance refers to coverage suitable for alarm contractors. Although some insurers may sell prearranged insurance packages suitable for your business, you may need to compile your own alarm contractors insurance portfolio by assembling several coverages. Regardless of how you acquire your insurance, doing so can secure the resources you may need to manage the aftermath of a covered incident. 

What Does Alarm Contractors Insurance Cover? 

Alarm contractors must account for many risks and perils amid even their most routine tasks. While specific coverage needs may vary depending on your unique circumstances, the following coverages are generally recommended for alarm contractors: 

• General liability insurance—This coverage can insulate your business from third-party losses for which you were responsible, such as the following:
• Bodily injury
• Property damage
• Personal and advertising injury (e.g., slander, libel, wrongful imprisonment, false advertising)

• Commercial property insurance—This coverage can help pay for losses related to physical property used to operate your business, including the following:
• Buildings
• Electronics
• Equipment
• Inventory

• Business interruption insurance—If a covered event affects your normal operations, this coverage can help pay for the following costs:
• Rent/mortgage payments
• Lost income
• Payroll
• Tax/loan payments

• Workers’ compensation insurance—If an employee is injured on the job or develops a work-related illness, your insurance can provide financial assistance for the following:
• Medical bills
• Lost or reduced earnings
• Vocational rehabilitation
• Disability/death benefits
• Employer legal costs

• Commercial auto insurance—If your business accrues losses from incidents involving its vehicles, this coverage can help pay for the following costs:
• Bodily injury liability
• Property damage liability
• Repair or replacement costs
• Medical bills

• Professional liability insurance—This coverage can insulate your business from financial losses if a client files a lawsuit alleging the following:
• Negligence
• Misrepresentation
• Inaccurate advice

Your business should also assess its operations to identify additional insurance needs. Depending on your circumstances, it may also be advisable to consider augmenting your alarm contractors insurance portfolio with the following coverages: 

• Commercial umbrella insurance

• Cyber liability insurance

• Employment practices liability insurance

• Inland marine insurance

How Much Does Alarm Contractors Insurance Cost? 

Like most businesses, alarm contractors’ insurance costs may vary significantly. As your insurer assesses your coverage needs, the following factors may influence your premiums: 

• Location

• Operations

• Assets and revenue

• Number of employees

• Claims history

• Coverage details (e.g., limits, deductibles)

Get the Right Coverage 

We’re here to help. At Texas Risk Solutions, our agents have the knowledge, experience and drive to ensure alarm contractors in San Antonio and throughout Texas have optimal insurance packages. Contact us today to get started.