Armored Car Service Companies

What Does GL Code 91160 Cover?

ISO GL class code 91160 covers companies providing armored car services, which involves the secure transportation of cash, valuables, and sensitive documents for banks, retailers, and other businesses. This class specifically addresses the unique general liability exposures associated with armed guards, high-value cargo, and the risks inherent in transit operations.

Who Uses This Class Code?

Businesses that fall under this code include armored transport companies, cash-in-transit services, security firms specializing in high-value asset movement, and couriers handling secure financial or sensitive materials.

Common GL Claims for This Class

Common GL claims for armored car services include third-party bodily injury or property damage arising from vehicle accidents during transit, premises liability claims at client locations, and claims related to the actions of armed guards, such as accidental discharge of firearms or wrongful detention.

Coverage Tips for Code 91160

• Ensure your policy includes adequate coverage for 'care, custody, or control' (CCC) as armored car services are directly responsible for client assets.
• Verify that your general liability policy does not have exclusions for armed guards or the use of firearms, which are central to armored car operations.
• Implement robust employee screening and training programs, as negligent hiring or supervision claims can be significant for this class.
• Review your contractual agreements with clients to understand indemnification clauses and ensure your insurance coverage aligns with your assumed liabilities.