Alarm Installation

Monitor your profits with this program for contractors who provide installation, service and/or monitoring of burglar, fire and other types of alarms, intercom systems and closed-circuit televisions.

About Our Agency

GREMESCO OF NEW JERSEY LLC IS A REGIONAL WHOLESALE OPERATION CONCENTRATING ON WRITING COMMERICAL SURPLUS LINES BUSINESS IN NEW YORK AND NEW JERSEY. THE STAFF AT GREMESCO OF NEW JERSEY HAS AN AVERAGE OF 20 YEARS OF INSURANCE EXPERIENCE - WHEN YOU CALL US YOU CAN REST ASSURED THAT YOU WILL TALK WITH A KNOWLEDGEABLE INSURANCE PROFESSIONAL.

Underwriting Rules

Limitation of (Liquidated) Damages: Credits may be available if the contract contains a provision limiting the amount of liability resulting from the failure of an alarm system to a specified amount (often $250). Obtain a copy of the alarm installation/service contract and the percentage of contracts containing the liquidated damages clause.

Prohibited Business

Liability:

  • Off-shore exposures - gas and oil rigs, ships
  • Installation and monitoring of alarms at chemical, fertilizer, and petro-chemical facilities
  • Monitoring for home incarceration and pretrial release
  • Hired and/or Non-Owned Auto Coverage
  • Metal, chemical or explosive detection devices at transportation facilities, federal buildings or post office mailrooms
  • Fire suppression system installation, service and repair
Effective Date: 12/07/2015