Crime insurance is a type of specialty coverage for dishonesty in the workplace. Unfortunately, crime and employee dishonesty can happen to any business owner. It can sometimes be impossible to know if the people you hire are a good fit for the job, and by the time you discover the truth, the damage is already done.
Crime insurance protects your business if an employee decides to rob you of your inventory or cash. Working through these losses can take time and money, but your commercial theft insurance policy will be there to protect you.
Business crime insurance addresses many common fidelity threats, including credit card forgery, the disappearance of property and employee dishonesty. You can also customize your policy to give you greater protection.
Your policy will cover you up to the limit for damages caused by dishonest acts of your employees, including damage to business personal property and the theft of money or securities.
Your commercial crime insurance will protect you for the loss of money, securities or other property that is related to the use of a computer to fraudulently steal or transfer these items.
Your policy will provide coverage for losses caused by the forgery or alteration of checks or credit cards.
Your crime insurance policy covers you for the loss of money and securities used in your business at the premises, your home or your bank, which includes theft and disappearance.
You will also be covered if an employee steals your client's money, securities or property at their premises.
As much as you would like to believe that your employees would never steal from you, it happens to business owners every day. Protect yourself against fraud, theft and dishonest employees with affordable commercial crime insurance. Call Pipeline Insurance Services today for a free business insurance quote.