NLIC.org

Neil Said:

How much is a basic 2 million dollar general liability insurance policy for a security guard company?

We Answered:

OK, you need two policies - the general liability, AND the workers comp.

Pricing is determined by a combination of gross sales, gross payroll, WHICH hours they work, where they work (retail strip mall, or behind a fence at a power plant?), if they carry weapons or not, and a whole bunch of other things.

Plus, your 2mil, is that the occurrence limit, or aggregate limit?

Bottom line - you're not going to get an accurate quote here. You'll have to provide TONS more information. But plan on spending a minimum of $2500 for just the liability coverage, that's what the pricing STARTS at.

Frances Said:

Does the insurance company that offers a general liability policy care about the homeowners insurance?

We Answered:

The homeowners carrier cares about any kind of business in the home that might adversely affect their risk. But if you're only using the home as a mailing address, then neither of them will care.