Commercial General Liability (CGL) class code 91130 is for Alarms--Security Systems--Monitoring. This code covers businesses that monitor burglar and fire alarms, security systems, and other types of alarms. The code includes the following activities:
- Monitoring burglar and fire alarms
- Monitoring security systems
- Monitoring other types of alarms
CGL insurance provides coverage for bodily injury, property damage, and advertising injury claims arising out of the insured's business activities. Class code 91130 is a general liability code, so it does not cover all of the risks associated with monitoring alarms. For example, this code does not cover the following risks:
- Damage to alarms caused by improper monitoring
- Damage to property caused by burglaries or fires
- Bodily injury or property damage caused by electrical shock
- Bodily injury or property damage caused by explosions or fires
Businesses that monitor alarms should carefully consider their insurance needs and purchase an appropriate policy. Here are some of the things to consider when purchasing CGL insurance for an alarm monitoring company:
- The size and type of alarms the company monitors
- The locations where the company monitors alarms
- The types of materials the company uses to monitor alarms
- The company's safety record
- The company's financial stability
By carefully considering these factors, businesses in the alarm monitoring industry can purchase CGL insurance that meets their needs and provides the protection they need.