Every person licensed as a private security services business, certified as a private security services training school or registered as a Special Conservator of the Peace must have insurance or a surety bond.
Insurance - Surety Bond
Insurance may be obtained from any surety company authorized to do business in the Commonwealth of Virginia.
No, but you must use a company authorized to do business in the Commonwealth.
Private Security Services Businesses and Training Schools require:
- A surety bond in the amount of $100,000 executed by a surety company authorized to do business in Virginia, or
- A certificate of insurance reflecting the department as a certificate holder, showing a policy of comprehensive general liability insurance with a minimum coverage of $100,000 per individual occurrence and $300,000 general aggregate issued by an insurance company authorized to do business in Virginia
Special Conservators of the Peace require:
- A surety bond or cash bond in the amount not to be less than $10,000 executed by a surety company authorized to do business in Virginia, or
- A certificate of insurance reflecting the department as a certificate holder, showing a policy of comprehensive general liability insurance with a minimum coverage of $10,000 issued by an insurance company authorized to do business in Virginia.
The license, registration or certification is immediately null and void. The business, school or Special Conservator of the Peace will have to complete an initial application and meet all initial application requirements.
No, the Code of Virginia states that a surety bond or general liability insurance is a requirement for licensure and that the bond or insurance must be maintained as long as the business is licensed by DCJS.
No, the Code of Virginia states that a surety bond or general liability insurance is a requirement to be registered as a Special Conservator of the Peace and that the bond or insurance must be maintained as long and the Special Conservator of the Peace is registered by DCJS.
No, the Code of Virginia states that a surety bond or general liability insurance is a requirement to be certified as a training school and that the bond or insurance must be maintained as long as the school is certified by DCJS.
Submit a Certificate of Insurance, reflecting the Department of Criminal Justice Services as Certificate Holder and in the prescribed amount. This information must be submitted when applying for an initial or renewal license or school certification. The licensed business or training school is required to maintain the liability in the prescribed amount at all times.
The license or school certification immediately becomes null and void and the business or school may not provide regulated services without the required liability coverage. Each day of uninsured activity would be construed as an individual violation of the requirement to maintain current liability coverage and could result in sanctions to include monetary fines up to $2500.00 per day or suspension or revocation of the license or certification.
Special Conservator of the Peace Registrations immediately become null and void and the Special Conservator may not provide regulated services.
Yes, the insurance or bond must be secured, in an amount fixed by DCJS, before the license or certification will be operative. The liability or surety bond must be maintained as long as the licensee or certificate holder is licensed or certified by DCJS.
No, this is not always true. The fact that DCJS is a Certificate Holder should insure that notice is given if the policy is cancelled for any reason, but does not necessarily mean that the insurance company will send a certificate of insurance to DCJS each time the policy is renewed.
