Construction Site Security Guard Insurance: Coverage Essentials
- Nate Jones, CPCU, ARM, CLCS, AU
- Sep 25
- 2 min read
Updated: Sep 29
Construction sites are high-risk environments, often targeted for theft, vandalism, and unauthorized access. Security guard companies that protect these sites play a critical role in safeguarding valuable equipment, materials, and personnel. But with great responsibility comes significant liability.
Whether your firm provides armed or unarmed patrols, access control, or surveillance, 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 construction sites.
General Liability Insurance
This is the foundation of protection for any construction site security firm. It covers third-party bodily injury, property damage, and legal defense costs.
Example:
If a guard accidentally damages a contractor’s equipment or a visitor is injured while interacting with your team, general liability insurance helps cover medical bills and legal fees.
Coverage Range:
Typical limits are $1M–$2M per occurrence, with premiums starting around $500 annually for small firms.
Professional Liability Insurance (Errors & Omissions)
Professional liability insurance protects your business from claims of negligence or failure to perform duties.
Example:
If a client alleges your team failed to prevent a theft or didn’t follow protocol during an incident, this coverage helps with legal defense and settlements.
Coverage Range:
Premiums typically range from $500 to $1,800 annually, depending on risk level and services offered.
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 sprains their ankle while patrolling a construction site—workers’ comp pays for treatment and recovery time.
Cost Estimate:
$0.75–$2.74 per $100 of payroll, depending on location and claims history.
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 construction sites—commercial auto insurance covers vehicle damage and liability.
Typical Premiums:
$2,075–$2,157 annually per vehicle for construction-related businesses.
Property Insurance
Security firms often operate from offices or store surveillance equipment. 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:
$1,000–$3,000 annually depending on property value.
Final Thoughts
Construction site security companies face unique challenges—from protecting high-value assets to managing liability in dynamic environments. 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.
