Crime Insurance

Commercial Crime Insurance

Most commercial property policies don't pay for losses caused by your own employees, by fake invoices, or by a wire transfer that an outsider tricked your bookkeeper into sending. Crime insurance fills that gap,

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What crime insurance covers

  • Employee theft of money, securities, or property
  • Forgery and alteration of checks and drafts
  • Inside the premises losses (theft of money or securities from your business)
  • Outside the premises losses (theft while in transit or at a bank)
  • Computer fraud (cyber theft of money or securities)
  • Funds transfer fraud (a fraudulent instruction that causes your bank to send money)
  • Money orders and counterfeit money

Who needs crime insurance

  • Any business that handles cash, checks, or wire transfers
  • Companies with bookkeepers, controllers, or finance staff who can move money
  • Nonprofits and associations that handle donor funds
  • Property managers and HOAs that hold reserves
  • Businesses are required to carry an employee dishonesty bond by contract
Industrial backhoe excavator loader and bulldozer machinery on construction site

Social engineering matters

A growing share of crime losses come from social engineering, where a criminal poses as a vendor or executive to trick someone on staff into sending a payment. Coverage for social engineering is often a separate sublimit. We make sure clients know exactly what is and isn't in their policy.

Get A Quote

Call our Highland office at 219.923.2131, or request a free quote online.