Security Guard Workers' Comp for Agents: What CPR Places and What to Send
CPR Business Solutions places workers' compensation for security guard companies that standard markets decline, surcharge or non-renew: armed operations, high experience mods, fast payroll growth and contract firms moving into larger accounts. Tell us the operation, the state and roughly where the mod sits, and we reply within one business day with a yes, a no, or exactly what we would need to see. You do not need an ACORD or loss runs for that first answer.
Need this account placed? Call (714) 928-3858, email proposals@cprbrokers.com, or submit your account online — 24-hour turnaround on most submissions.
Accounts we want to see
Armed and unarmed guard operations (NCCI 7720; California 7721(2)).
Experience mods above roughly 1.25, and accounts with one bad year inside the experience period.
Contract security firms with large payroll, multiple client sites or multi-state operations.
Event security, patrol and fire watch operations.
Cancellations, non-renewals and lapsed coverage.
Growing firms whose current carrier will not follow the payroll increase.
Clean guard companies that want a better price at renewal.
How we place them
We take the account to the market that fits it. Depending on the file, that means standard or specialty non-standard markets, PEO and ASO programs, pay-as-you-go structures, or a state fund or assigned-risk placement with a plan to move the account out as the mod improves. A high-mod account with a thin file gets an instant decline; the same account with its story explained gets quoted.
What to send
Start with the three-line answer through Will We Write It. If it is a yes, send:
ACORD 130 and a description of the posts: armed vs unarmed split, patrol vehicles, site types.
Four to five years of currently valued loss runs.
The experience mod worksheet, current and prior.
Payroll by class code and state, with the armed guard headcount.
Hiring standards, background checks, firearms qualification and use-of-force training.
A list of major client contracts and any alternate employer or waiver requirements.
Return-to-work program and how post-incident reporting is handled.
Tell the story of the losses
Underwriters price the next serious injury. A shock loss three years ago with nothing since reads very differently from steady frequency, and the submission should say which one it is. Include what changed after the loss: new supervision, training, written safety procedures, and a return-to-work program that brings injured employees back on modified duty.
Reading list for your client
Security guard workers' comp guide: armed vs unarmed, class code 7720 and what carriers ask.
California security guard workers' comp: class 7721(2), the 2026 rate and placement.
Guard company with a clean loss run: what a clean history buys at renewal.
High X-mod placement: the four paths for a high-mod account.
Frequently Asked Questions
Do armed guards change the class code?
Under NCCI, armed and unarmed guards share class code 7720, and California rates guards in 7721(2) armed or not. The armed exposure shows up in appetite, minimum premium and underwriting questions rather than a separate code.
Does CPR work with retail agents?
Yes. Agents and business owners both submit to us. We are a wholesale workers' comp MGA, built to take the accounts a retail agent cannot place with their own markets.
Do you only want high-mod accounts?
No. We place hard accounts, but we also quote clean accounts with a reasonable loss history that want a better price or a better carrier. Send those too.
What states do you cover?
We place workers' comp nationwide, with a strong California focus. Monopolistic states and state-specific rules are handled case by case.
Have a security guard account that needs a home? Run it past us at Will We Write It, or send the file to proposals@cprbrokers.com. Call 714-928-3858.
