One of the biggest roadblocks for hiring a bodyguard service is cost. Even VIPs shy away from hiring private security out of budget concerns. Much like insurance, people will avoid hiring personal protection because they have not yet faced a security threat. Unfortunately, that can change in an instant. As a VIP, risk management is simply part of your life and career. Ideally, you want someone to handle the responsibility of protection so that you can stay focused on a rewarding life and career. you can book your private bodyguard. We are one call away.
No two individuals or estates will have the same safety or security needs. As a result, the cost of private security can vary significantly, making the average price of personal security challenging to pinpoint. To put it simply, the cost to hire personal protection ranges widely depending on your unique use case for a bodyguard. Here are a few factors that we consider when building a security plan.
No matter if it is executive protection, event security, discreet travel escort services. Your requirements will directly determine which resources are necessary like duration, threat level, travel itinerary. We work closely with each client to assess these variables for a perfect security plan that not only fulfills its purpose effectively but is within budget constraints and logistics considerations.
Factors That Influence Pricing:
The cost of hiring personal security services is based on various individual factors. From discreet executive protection to full-scale security detail services, the understanding of how pricing factors can help you plan more accurately for a security solution. Below are the main elements influencing its cost:
1. Scope and Duration of Services:
Do You Need Security Coverage for an Upcoming High-Profile Event or Long-term Protective Detail? For short-term assignments with high-intensity planning requirements, such as short deployment with ease. Longer engagements often include rotating shifts with ongoing threat analysis, as well as operational support services. However, more resources are necessary depending on its duration and scope.
2. Security Personnel Needed:
Your number of security agents required depends on your risk profile, location and daily activities. A private residence may only require one guard per shift while high-risk individuals with multiple sites to guard may require multiple bodyguards operating simultaneously across multiple sites. The costs increase proportionately with personnel needs and logistics requirements.
3. Primary Locations and Geographic Risk:
Security challenges vary depending on where they’re being faced, from urban environments and remote estates, international destinations, and politically unstable regions presenting different threats. Protective services offered for high crime areas or politically volatile zones require agents with advanced training as well as risk mitigation strategies. These factors ultimately affect pricing.
4. Travel Itineraries and Mobility
Travel, especially international travel, presents many security challenges. This involves advanced reconnaissance, coordination with local authorities, transportation logistics management, as well as adapting to unfamiliar environments. As your trip becomes more extensive and high-risk, more manpower and planning resources will be necessary, increasing overall costs directly.
5. Lifestyle and Exposure Level
Your public visibility, social media presence, and daily interactions could expose you to various forms of threats. Executives, celebrities, public officials and ultra-high net-worth individuals (UHNWIs) often require customized security plans that accommodate for unpredictable movements such as paparazzi presence or targeted threats; more exposed lifestyles typically incur higher pricing due to increased risks involved and needed discretion.
6. Asset Protection Requirements
When protecting valuable assets like fine art, jewelry, sensitive documents, or luxury vehicles requiring special consideration, such as fine art collections, valuable documents or luxury cars it may require special measures, including surveillance systems, armored transport and secure storage facilities with trained agents who specialize in asset defens.
7. Agent Training and Experience
Agent quality and expertise have an outsized effect on cost. Basic guards may suffice in low-risk environments; for executive protection in high-risk environments or executive-level security roles, however, elite professionals from military special forces, law enforcement or federal protective services often come at a premium cost but deliver unrivaled competence, discretion, and preparedness.
8. Technological and Logistical Enhancements
Utilizing advanced technology–such as drone surveillance, real-time GPS tracking, biometric access controls or armored vehicles–can increase operational effectiveness but also total costs. Furthermore, custom logistical planning services, communication systems or intelligence analysis may further augment service levels.
Ballpark Costs for Bodyguards
- Average hourly costs associated with hiring an experienced, military-trained armed guard range between $60-$100.
- That puts monthly security detail costs between $43,200/mo – $72,000/mo for such one-guard protection details working shifts.
- Annually, this brings the annual cost for 24/7 protection to between $518,400/year – $864,000/year.
- Its Short term contracts usually consist of between six hours (360$-600$ for an experienced agent) to six months in duration with clients being thoroughly vetted prior to beginning.
- Temporary or part-time rates typically depend on how long an assignment will be needed and tend to have higher hourly rates compared with long-term contracts.
Are Bodyguards Expensive? A Few Things to Consider
Keep in mind that quality agents are trained professionals with police, military or martial arts backgrounds who are willing to put their lives on the line for their clients.
Rates typically include expensive private security insurance, licensing, firearm permits, training, local and federal taxes as well as maintaining excellent physical condition. Hourly rates often decrease with longer commitment to security – for instance yearly contracts tend to have lower hourly rates than 1-off events so buying in bulk makes an impactful statement about what matters to you most!
When searching for private security, the best approach is to search out security firms with experience serving individuals with similar needs to yourself. Take the time to speak to each prospective security firm about your unique requirements – don’t be shy about discussing budget constraints right away – then develop rapport and ask for their plan, rationale and pricing information so that once satisfied you can select a private security firm that best meets them.
Fast Guard Security Vs Mall Cops
The quality of private security varies greatly between companies. Fast Guards are typically elite bodyguards and have reached a very high level of Mixed Martial Arts training. Our specialty is protecting high-net-worth individuals, celebrities, and public figures that face consistently high threat levels or other individuals who are in the middle of a specific situation. For a detailed list of reasons you may want to hire a company. Contact us for more information.
Fast Guard Services is a premier private security firm based in Florida and serving all over USA. We primarily serve high net-worth individuals, executives, or public figures and their families and estates. Discretion is part of our DNA, and we understand the unique security challenges facing our clients. We have grown organically by meeting their needs and protecting their lives, assets, and privacy. You can contact us anytime to talk about your security needs. We are here to help.