Business Insurance for Office Building Security Companies
- Nate Jones, CPCU, ARM, CLCS, AU
- Sep 25
- 2 min read
Updated: Sep 29
Security companies that protect office buildings and warehouses play a vital role in safeguarding property, assets, and personnel. These environments often involve high-value equipment, sensitive data, and constant foot traffic - making them prime targets for theft, vandalism, and liability claims.
Whether your firm provides 24/7 patrols, access control, or surveillance monitoring, having the right insurance coverage is essential. At Wexford Insurance, we specialize in providing tailored business insurance solutions for security guard companies across the United States, including those serving office buildings and warehouses.
General Liability Insurance
This is the cornerstone of protection for any security firm. General liability insurance covers third-party bodily injury, property damage, and legal defense costs.
Example:
If a guard accidentally damages a tenant’s property or a visitor slips and falls in a lobby during a patrol, general liability insurance helps cover medical bills and legal fees.
Typical Coverage:
$1M–$2M per occurrence, with premiums ranging from $2,750 to $3,500 annually for low-risk operations1.
Professional Liability Insurance (Errors & Omissions)
Professional liability insurance protects your business from claims of negligence or failure to perform duties.
Example:
If a warehouse client alleges your team failed to respond to a break-in or didn’t follow protocol, this coverage helps with legal defense and settlements.
Typical Coverage:
$1M–$2M per occurrence, with premiums between $2,500 and $3,000 annually1.
Workers’ Compensation Insurance
Security guards face physical risks daily. Workers’ comp covers medical expenses and lost wages if an employee is injured on the job.
Example:
A guard strains their back while inspecting a loading dock. Workers’ comp pays for treatment and recovery time.
Cost Estimate:
Between $0.75–$2.74 per $100 of payroll, depending on location and claims history2turn5search50.
Commercial Auto Insurance
If your company uses vehicles for patrol or site visits, commercial auto insurance is essential. Personal auto policies won’t cover business use.
Example:
A guard gets into an accident while driving between warehouse locations—commercial auto insurance covers vehicle damage and liability.
Typical Premiums:
$1,200–$2,000 per vehicle annually1turn5search60.
Commercial Property Insurance
Security firms often operate from offices or store surveillance equipment. Commercial property insurance protects against fire, theft, and vandalism.
Example:
If a fire damages your monitoring equipment or office space, this insurance helps cover replacement costs.
Estimated Cost:
$550–$800 annually for basic coverage1.
Final Thoughts
Office buildings and warehouses present unique security challenges—from high-value assets to constant activity. Without proper insurance, a single incident could result in costly lawsuits or operational downtime.
Whether you're a startup or an established firm, Wexford Insurance helps you stay protected and compliant. Contact us today to get a quote and secure your business.
