Insurance coverage for a monitoring center is vastly important. Having the proper insurance coverage can save your company from paying a fortune out of pocket for bodily harm, property damage, advertising damages, and false warranties and guarantees. So, what coverage does monitoring center need in order to be properly covered?
In order to be properly covered to monitor residential customers, your central station alarm company needs to have, at a minimum, general liability insurance coverage and a professional liability policy.
This protects a central station alarm company from the following:
Professional liability is equally as important as general liability, but often times, central station alarm companies don’t have this coverage. This policy protects against:
The two main insurance policies that your alarm monitoring center needs are general liability and professional liability, but there are additional policies that can further protect you from potential damages.
AvantGuard keeps the proper insurance, and continues to excel with their outstanding dealer care and monitoring services. If you want more information on how AvantGuard is the right choice for your third-party monitoring needs, you can reach out here.
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AvantGuard Monitoring Centers, LLC. | P.O. Box 15022 | Ogden, UT 84415 | Office: (877) 206-9141 | Fax: (801) 781-6133