Crime Insurance

Among the many risks and exposures you must account for when you own a business, criminal acts loom particularly large as significant threats. Unfortunately, regardless of security measures or constant vigilance, criminals may eventually succeed in breaching your defenses. With this in mind, establishing appropriate loss control measures, including commercial crime insurance, is essential.

What Is Commercial Crime Insurance?

Commercial crime insurance is an integral part of many companies’ coverage portfolios. These policies can establish robust financial protection from a wide variety of potential criminal acts that might otherwise inflict devastating fiscal consequences. Fortunately, this type of coverage, also known as business crime insurance, establishes a contractual agreement between you and your insurance company. In exchange for your premiums, you retain the right to file a claim for financial aid following covered incidents. If approved, your insurer may provide a payout to help limit out-of-pocket losses.

How Does Commercial Crime Insurance Work?

Commercial crime insurance can fill a vulnerable gap in many businesses’ loss control measures, as commercial property insurance may often not include criminal acts as covered incidents. Fortunately, commercial crime insurance can help policyholders recoup losses arising from various criminal acts, such as the following:

• Burglary
• Theft
• Robbery
• Forgery
• Fraud
• Embezzlement

Commercial crime insurance typically includes multifaceted coverage that encompasses acts committed by both outside parties, such as intruders and customers, as well as inside jobs perpetrated by dishonest or disgruntled employees.

Learn More

With over 50 years of experience serving businesses and individuals, the dedicated team at Bradley Insurance Agency has the knowledge and resources to help your company secure appropriate commercial crime policy coverage. Contact us today to learn more.