When it comes to hiring a bodyguard or private security, answering the question “how much does private security cost?” is a strategic and comprehensive process. The initial goal for any professional private security agency should be to thoroughly assess the client’s precise needs based on a number of factors. While some for-hire guard companies may simply pair you with a bodyguard for a standard rate based on length of service and type of security needs, at Global Risk Solutions, we use a much more compressive process to recommend our specialized services. We’ll discuss many of the aspects that factor in to answering “How Much Does Private Security Cost?” and provide some ballpark numbers as well, including 24-hour security guard cost.
The initial and most important factor in determining the cost is based on the type of security you need. Each type of security requires specific skill-sets, experience, and advanced tools to be as effective as possible.
How much does a security guard cost? First, it’s important to differentiate between the types of security. The cost of a security guard can refer to anything from a uniformed, unarmed retail security guard to an Executive Protection agent operating under the umbrella of a professional security firm (e.g., Global Risk Solutions).
Security tailored towards VIPs such as high-profile CEOs, celebrities, politicians, and athletes must be assessed based on their unique level of exposure.
It can cost you anywhere from $85/hour (low end of armed Executive Protection) to $125/hour (Bay Area rate) to hire a single and experienced bodyguard with a military background or the equivalent.
The scope of home security (or private estate security) can vastly range based on a number of factors. No two situations are the same for this type of security. And while the average resident will make due with DIY or big-box security surveillance systems, GRS’s approach is aimed at providing the most comprehensive security coverage based on your unique living situations.
Each type of security requires a threat assessment that is unique to that location, the situation, and a number of other variables.
Event Security entails a large scope of surveillance with the support of technology and guards on the ground.
A longer contract will usually mean a lower hourly rate overall.
GRS is equipped and experienced for additional specific security needs including the following:
Determining a timeline for security coverage is important to supporting higher risks at certain times of the year and times of the day. Some situations may only require temporary security coverage based on an imminent threat, while other situations may need ongoing 24-hour coverage. After conducting a comprehensive threat assessment, GRS will determine a recommended length of coverage.
Each type of security requires a threat assessment that is unique to that location, the situation, and a number of other variables. Upon completion of this assessment, GRS will present its findings and recommendations to the customer
While some big-box security firms may have a blanket approach to security, GRS’s proudly consists of a tailored solution to best fit your exact needs. This can actually help keep costs efficient and accurate to the specific threat level we’re protecting against. In addition, GRS prides itself on the following…
Global Risk Solutions is laser-focused on each and every individual’s unique situation to provide the best possible security solution.
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Hopefully, you come away from the article learning more about how security companies price their services. “What is the 24-hour security guard cost?” may seem like a simple question, but it is highly dependent on important variables to your well-being. The goal is not to build a one-size-fits-all package, but rather it is to keep each client safe!
While there are many options for security services, GRS is laser-focused on each and every individual’s unique situation to provide the best possible security solution. This attention to the individual and the situations surrounding them gives us a huge advantage over other routine and big-box security services.
The best way to know how much private security costs is to receive a custom quote based on a complimentary threat assessment. You can either call us directly or send us a note below to get started. You can also read more about hiring Global Risk Solutions.
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