The need for crime coverages arose from exclusions found in commercial property coverage. Commercial property policies cover most risks of physical loss including theft of merchandise and business personal property by persons other than the employee. Theft of money, computer fraud and employee dishonesty are not usually covered except in minimal amounts. Crime coverage policies fill in the gaps.
Black Bear will assist you in learning about the various types of crime policies and will provide premium indications to let you know if the coverage will fit your budget needs and is a good value for your business. The types of crime policies include:
- Employee Theft
- Forgery or Alteration
- Theft of Money and Securities - Inside/Outside premises
- Robbery or Safe Burglary of other Property - Inside/Outside premises
- Money Orders and Counterfeit Money
- Computer Fraud
- Funds Transfer Fraud
Black Bear Insurance Agency is proud to be a part of the following organizations for independent insurance agencies.