What is the minimum required coverage for personal injury per occurrence?

The correct answer is based on the regulations set forth by the Texas Department of Public Safety's Private Security Bureau, which outlines the standards for insurance coverage that private security companies must maintain. According to these regulations, the minimum required coverage for personal injury per occurrence is indeed set at $50,000. This amount is intended to ensure that individuals have adequate financial protection in the event of personal injury claims arising from the activities of the security firm.

Having this level of coverage is crucial for safeguarding both the business and the individuals they serve, as it provides a necessary safety net that can help cover medical expenses, lost wages, and other costs associated with personal injuries. Understanding these requirements is essential for anyone involved in the management or operation of a private security business in Texas, ensuring stringent adherence to legal and industry standards for liability protection.