Commercial Crime Insurance
Orlando | Sarasota | West Palm Beach
As a business owner, you probably take the safety of your company and employees very personally, and you may want to consider adding commercial crime insurance to your policy.
What is Commercial Crime Insurance?
Commercial crime insurance is a type of policy designed to protect your company from losses sustained due to illegal activity. This can include any actions taken by employees or company officers, as well as specific illegal actions taken by a third party, even if that party happens to be a vendor or a competitor.
What Does Commercial Crime Insurance Include?
This type of coverage does have some overlap with other kinds of business insurance, like theft insurance and risk management insurance. Think of it as a way to bolster the coverage that more specialized policies provide. The range of coverage can provide protection when an employee steals products or intellectual property like information related to product development, as well as the theft and sale of client lists or other proprietary data by an employee. Property damage caused by vandalism is often included.
Losses from cyber crimes such as data breaches initiated by third parties are not usually covered by of this type of policy. Commercial criminal insurance does typically include protection from claims by competitors that you engaged in corporate espionage or any illegal activity designed to harm other business entities.
Talk to a specialist today for a customized quote
Leave your information and we will call you back.
Adding Commercial Crime Insurance to Your Policy
Despite frequent audits and ongoing efforts to manage your company’s reputation, you are at risk. From targeted cyber attacks to employee theft or physical damage to your place of business, it would take a lot to overcome criminal actions directed toward your company. While risk management insurance and general liability coverage is still needed, commercial criminal insurance fills in the gaps in your protection planning and can help keep your business up and running when crime strikes.
Business Crime Insurance Quotes
Since crime insurance quotes vary based on the scope of protection and what type of deductible you’re looking for, one of our agents will prepare a customized quote tailored to your specific business and its needs; factors like the number of employees, your company’s annual revenue, and the security efforts that you have in place will all be taken into consideration.
As with all types of business insurance, your hope is that you never need to file a claim, but rest assured that having to do so even once will more than justify any cost. If you don’t have commercial crime insurance, now is the time to speak with an agent.Back to Business Insurance
Commercial Crime Insurance in Longwood FL, Melbourne FL and Venice FL
Serving the Entire State of Florida