XINSURANCE is your source for a customized insurance plan that meets your unique needs. Most private investigators require general liability insurance that covers bodily injury or property damage to others stemming from their investigative work. A GL plan provides compensation to third parties up to the limits of your policy if they sue you and receive a settlement or judgment. It also covers the expenses associated with your legal defense, such as court costs and attorney fees.
Specialized coverages that apply to the private investigation profession are also available:
Invasion of privacy: A PI often must explore hidden or secret aspects of an individual’s life. Invasion of privacy coverage protects against the risks involved with these sensitive investigations.
Assault and battery: Private investigators working in security operations may become involved in a physical encounter. This coverage type protects you if an altercation results in injuries to another individual.
Errors and omissions: Also known as professional liability insurance for a private investigator, this coverage goes into effect if you make a mistake that results in injuries or damage to another party.
Firearms liability and concealed weapon insurance: If you must use your registered firearm in a self-defense situation, this insurance will provide liability and legal defense coverage.
Commercial auto (available in most states): Offers liability and physical damage protection for vehicles owned by your PI business.
XINSURANCE will cover a wide variety of activities and risks inherent to working as a PI. However, we do not provide workers’ compensation insurance.