Commercial Crime
Insurance

Why having Commercial Crime Insurance is Important

Crime Insurance protects businesses from financial losses due to criminal acts such as theft, fraud, embezzlement, or forgery. These acts may be committed by employees, customers, vendors, or unknown third parties. Standard property insurance often excludes these types of losses, making crime coverage an essential supplement.

Coverage may include employee dishonesty, robbery, burglary, computer fraud, funds transfer fraud, and alteration or forgery of financial instruments. This type of insurance is especially important for businesses that handle cash, manage inventory, or have employees in financial roles.

In addition to providing reimbursement for financial losses, crime policies may also cover investigative costs. Proactive risk management—like employee background checks and internal controls—combined with crime insurance creates a strong defense against the growing threat of internal and external theft.