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Insurance Protection for the Security Industry — Exclusively for NBFAA Members

Insurance Protection for the Security Industry — Exclusively for NBFAA Members.

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Insurance Protection for the Security Industry — Exclusively for NBFAA Members

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  1. Insurance Protection for the Security Industry — Exclusively for NBFAA Members

  2. Security America Risk Retention Group was created by the National Burglar & Fire Alarm Association (NBFAA) to provide affordable and stable insurance — including general liability and errors & omissions — specifically tailored to the electronic life safety, security, and systems industry. This unique insurance is available exclusively to members of NBFAA.

  3. DoYouHaveGeneral Liability or Errors and Omissions Exposures? General liability policies provide coverage for bodily injury and property damage. Errors and omissions (E&O) policies provide coverage for liability resulting from economic loss. Exposure to losses may include claims of inadequate or improper installation; negligent maintenance, servicing, or inspection of systems and equipment; or negligent monitoring in the central station. Considering these potential exposures to loss, you have a substantial stake in protecting yourself and your business from these types of claims.

  4. General Liability/E&O Coverage Our policy is based on industry standard forms, parts of which are modified to accommodate the needs of the security industry. Deductibles: The standard deductible is $1,000. Optional deductibles of $2,500, $5,000 or $25,000 are also available. Limits: Each Occurrence: $1,000,000 Personal and Advertising Injury: $1,000,000 Products-Completed Operations Aggregate: $2,000,000 Professional Liability: $1,000,000 General Aggregate: $2,000,000 Fire Damage: $50,000 any one fire Medical Payments: $10,000

  5. Why Should YouChooseSecurity America? Security America is the only insurance program created exclusively for the security industry. We offer: • Tailored and specific industry coverage • Consistent premium pricing • Fast and efficient claims handling • Reinsured by Swiss Re, an A.M. Best “A+” rated company • Purchase availability through your local broker • Insurer safety and stability • Fully regulated by all states • Adequacy of loss funds assessed in annual audits and actuarial analysis

  6. Excess Liability $6MM General liability and errors & omissions – ONE policy with limits up to $6 million per occurrence/$6 million aggregate $5MM $4MM Limits $3MM Swiss Re America $500,000 up to $6 million per loss limit $2MM $1MM $500,000 Security America Defense costs are in addition to limits.

  7. Umbrella Liability $6MM General liability and errors & omissions – TWO policies with limits up to $6 million per occurrence/$7 million aggregate $5MM $4MM Swiss Re America Limits $3MM Separate umbrella policy with limits of $5 million per occurrence/$5 million aggregate $2MM $1MM Primary policy with limits of $1 million per occurrence/$2 million aggregate Swiss Re America $500,000 Security America Defense costs are in addition to limits.

  8. Why Many of Your Colleagues Have ChosenSecurity America “Security America saved me $3,700 — I wish I had contacted them sooner!” Marshall Marinace Marshall Alarm Systems Corporation “My commercial liability policy was due to increase by $16,000. I had been with my provider since 1989 and had no claims. Security America actually decreased my premium by $1,800. My experience with Security America has been excellent. I would highly recommend them to anyone in the security business.” John A. Sperraza Advanced Alarm, Inc. “Using my local agent to sign up was easy and convenient. Best of all, I’m saving about $7,000 a year.” George Gunning USA Alarm Systems, Inc.

  9. Security America Risk Retention Group Protecting Those Who Protect Our Homes and Businesses

  10. Contact Us for More Information Or for a No-obligation Quote • Visit our web site: www.securityamericarrg.com • Call us: (866) 315-3838 • E-mail us: info@securityamericarrg.com We look forward to hearing from you!

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