What is the minimum liability insurance requirement for a firearm-carrying PPO?

The minimum liability insurance requirement for a firearm-carrying Private Patrol Operator (PPO) is set at $1 million. This standard reflects the heightened risks associated with carrying firearms while performing security duties. It ensures that the PPO has sufficient financial resources to cover potential damages or claims arising from incidents that may occur while they are on duty, such as accidental discharge of a weapon or harm caused to individuals or property.

This level of insurance aims to protect both the PPO and the public, establishing a significant financial backing in case of legal actions or claims resulting from the PPO's operations. Having this level of coverage not only enhances the professionalism of the security services industry but also instills a greater sense of trust and safety among the clients and the communities they serve.

Other options listed do not meet the established legal requirements, as they fall below the necessary threshold for ensuring adequate financial protection in the context of firearm-related activities in private security.