Entities of all sizes and industries are vulnerable to business-related crime, even with security measures in place. Commercial crime insurance can provide essential coverage for these events.
The team at Bone Robertson & McBride in Alamo, California, can help you analyze your commercial insurance needs and assist you in building a comprehensive portfolio that suits your business. Contact don@brmins.com today for details.
What Is Commercial Crime Insurance?
Commercial crime insurance can provide financial assistance if employees or third parties engage in unlawful acts that affect your business. It can provide vital financial assistance after a covered incident occurs.
Commercial property insurance or other standard business insurance policies may not offer complete coverage for business-related crimes, and commercial crime insurance can help fill that gap.
What Does Commercial Crime Insurance Cover?
Commercial crime insurance may cover business-related crimes that employees or other third parties commit that create losses for your operations, including:
- Employee theft of money or property
- Embezzlement
- Forgery and alteration
- Robbery
- Burglary
- Funds transfer fraud
- Computer fraud
- Good faith acceptance of counterfeit money orders or counterfeit currency
- Destruction of money or securities
Coverage for other unlawful or dishonest acts and for crimes committed by volunteers, temporary employees or others may be available through other policies or endorsements.
Additionally, commercial crime insurance may provide coverage at your place of business, when your employees conduct business off-site and when your goods are in transit. Your agent can provide additional information on options, limits and exclusions.
How Much Commercial Crime Insurance Do I Need for My Business?
Each business has a unique risk profile, and a risk assessment can help you accurately determine the amount of coverage you need. Additionally, Bone Robertson & McBride can provide guidance on which policies can help you adequately address your exposures. Please contact don@brmins.com for more information.
How Much Does Commercial Crime Insurance Cost?
Costs of commercial crime insurance depend on multiple factors, such as your business’s location, size, industry and claims history. Your selected coverages and limits and the security measures you have in place can also affect premiums. Reach out to us today for a quote at don@brmins.com.
Contact Us to Get Commercial Crime Insurance
Commercial crime insurance can help your business recover after unlawful acts impact your operations.
The knowledgeable professionals at Bone Robertson & McBride can discuss your needs and help you get the right policies for your business. Contact us today to get started via Email at don@brmins.com or call us at (800) 510-1095 Extension 103.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.