Private Investigator Insurance
Private investigator insurance describes policies which are offered to
professional investigators
to protect them from the many possible liabilities they may face while handling a client’s case work. The very nature of
private detective
work is complex and potentially dangerous, so having quality insurance coverage is not only advised… it is a necessary component of a successful
investigation
business.
Private Investigator Insurance / Bonding
Many states require that
private eyes
be
licensed and bonded.
Bonding means that the investigator holds an insurance policy which covers at least general liability issues which may occur as part of their day to day workload. While the minimum coverage is often very low to qualify for
licensure,
detectives are wise to consider upgrading their coverage to a full policy which offers better protection, for themselves, their clients and the public, at large. A full business liability policy for the
private investigation
trade will protect the
P.I.
from all sorts of claims and litigation, providing peace of mind and security in a fast paced and unpredictable line of work.
Private Investigation Insurance Details
General liability is not the only concern facing working professional investigators. There are a variety of other concerns which often come up in association with private investigation case assignments. A good insurance plan will protect against all these issues, as well as others…* First and third party dishonesty * Contractual issues * Firearms liabilities * Professional liability (errors and omissions) * Client property custody issues * Privacy infractions * Arrest for assault/battery/menacing/public nuisance * Personal injury to investigator, client or public
* Libel
and
slander
protection * Hired auto coverage
Private Investigator Insurance Advice
Litigation or arrest can be very scary and damaging to a investigation career. Once these events happen, it is too late to protect yourself with quality coverage. Take the initiative and retain a comprehensive insurance plan before you even consider taking assignments as a working professional detective. You will be happy you did, since you will be covered if an unforeseen occurrence happens and will be able to fully concentrate on your case without worry, even if you manage to stay clear from trouble your entire career…To learn more about securing a private detective insurance policy, contact a specialty coverage provider or your existing insurance carrier.
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