Our Expert Talks About Security Guard Insurance Tips And Tricks

[@Joshuaclanton23]

I have worked as a Unarmed Security Guard for 10 years Unarmed and 2 years Armed and I have worked Part-time shifts and Full time Shifts.

[@user-pz1xo4ho1s]

Very helpful information. I’ve been in the security industry 25 years. I ventured out to start my own security company about 5.5 years ago. Insurance has been one of my biggest frustrations. My target customer base is low risk, I avoid anything I deem high risk. We’re the absolute definition of “observe and report” and we’re 100% unarmed. I’ve had zero claims yet premiums have increased year over year. It’s renewal time and my premium increased 10% for the upcoming year.

[@Officerreports]

We are hearing that pretty consistently across all services. Maybe we should raise our prices...;-)

[@blaarforce]

Great interview- Fred is a very knowledgeable and trustworthy source to the industry.

[@Officerreports]

Coming from someone with your insurance background, that's a heck of a compliment. Would love to get you in front of a camera sometime soon. :-)

[@tru9884]

Wow just want to say thank you sir for bringing this content to us I just started my security company and this is the information that I was looking for so I just want to say thank you that God is very knowledgeable and this information is going to help move my business ahead instead of hindering me so thank you

[@Officerreports]

Best of luck!

[@commanderhall848]

Very helpful video, thanks so much

[@Officerreports]

I'm glad it was helpful!

[@cullen2106]

Ohh wow Man That's great thank you so very much for letting me know about that.!'

[@MrJackTR]

Trying to find standard cost in state of Florida for unarmed security with about 8-10 guards. Anybody know ball park how much down and how much monthly?

[@GuardProInsurance]

Excellent interview! Lots of valuable insurance information. Keep up the great work.

[@Officerreports]

Thanks!

[@sirbenjaminbennettseminars8621]

Thank you so much

[@Officerreports]

You're most welcome

[@dbraxton4music1]

Hi. I’m starting a company, when should I get in insurance, should you get it before the contracts come or wait until the contracts come?

[@Officerreports]

That really depends on your location. In some states you have to have your license before you can start searching for contracts which means you need your insurance first. So it just depends...

[@rashadbenjamintrapdaddy1366]

How about licensing in the state of Illinois Can you do how to start up video titled with specific states And compare and contrast the difference between each states

[@Officerreports]

It's "generally" the same for most states. Get into contact with IDFPR and the can give you the specific requirements. Good luck!

[@Ptalbert]

Very important information thank you

[@Officerreports]

Most welcome

[@jerrybarnes8258]

Very important information

[@Officerreports]

Hopefully it's helpful!

[@jamesclemons3844]

Thank you!

[@dexstar2006]

Great interview

[@cullen2106]

Ohh wow that's awesome Man.!'

[@daddyknowsbest2341]

I am looking into starting a Security company, and am trying to come up with a business plan. However, I can not find a ball park idea on how much insurance will be for start up. Can anybody help me with this? The company would be in FL, both armed and unarmed, and vehicle patrol.

[@Officerreports]

Contact www.fdacs.gov/ I think they can inform you what the statutory limits are. Or you can contact dfainsure.com/index.html for help.

[@dexstar2006]

What's good insurance company nyc ?

[@Officerreports]

Contact Fred Gardenour at DFA Insurance, he'll get you set up.

[@KudossMusic]

just was asking this questions😂

[@Officerreports]

I'm glad we could help!

[@williambryant5467]

What happened to the guy watching the camera?

[@rampage_45]

Wow, you're just going to delete my earlier comment because I didn't agree with your boy Fred? Thats some superficial stuff. UNSUSCRIBED!! I just received a RIDICULOUS quote from them btw. I just wanted to perform side jobs while still keeping my full-time day security position. I cannot use my DCJS license for self-employed work without having my own LLC & General Liability insurance. I only wanted to work 2 Saturdays a month if that. I will not have any employees, nor am I working bars, nightclubs, nor bail enforcement. They hit me off with a $900 down payment and almost $400 monthly payment for a year. Straight CROOKS!!!! The ROI (return-on-investment) isnt even worth it. I would be in debt at the end of the fiscal year if I took that deal. No worries, plenty of other insurance carriers out there.

[@Officerreports]

Whether or not you agree with Fred, doesn't really concern me so I doubt that was the reason it was deleted. I don't usually delete comments unless they are disrespectful, so I'm not sure what you said that would have gotten your comment deleted. Either way, did you ask him what you could do to get that quote down? Generally speaking, it sounds like you would have to do more business to justify the the annual premium. I'm not sure why you think anyone is a crook because their quote is higher than what you wanted. Can you give me some insight into why you'd think that?

[@ezekill100]

Hey I sent you an insta DM with a question if you don’t mind answering it. Thank you in advance

[@user-pz1xo4ho1s]

Very helpful information. I’ve been in the security industry 25 years. I ventured out to start my own security company about 5.5 years ago. Insurance has been one of my biggest frustrations. My target customer base is low risk, I avoid anything I deem high risk. We’re the absolute definition of “observe and report” and we’re 100% unarmed. I’ve had zero claims yet premiums have increased year over year. It’s renewal time and my premium increased 10% for the upcoming year.

[@Officerreports]

GL Insurance and Unemployement Taxes are profitability killers for sure. Have you talked with Fred Gardenour from DFA Insurance?