Commercial Crime Insurance in Fort Worth, TX
In today’s business environment, safeguarding against theft is crucial for maintaining financial stability and trust. Business insurance can offer a range of financial protections, including coverage for theft, to help companies mitigate the risks associated with criminal activities. Understanding the nuances of these policies helps to ensure that businesses are well-prepared to handle potential losses and continue operating smoothly despite unforeseen challenges.
What Is Commercial Crime Insurance?
Commercial crime insurance is a type of insurance policy designed to protect businesses from financial losses due to various criminal activities. Commercial crime insurance may help if the following situations occur: 
- Employee dishonesty
- Forgery or alteration
- Theft of money and securities
- Burglary or robbery
- Computer fraud
Does Business Insurance Cover Theft?
Business insurance can cover theft, but the specifics depend on the type of policy you have. The following are some common types of business insurance that may include theft coverage:
- Commercial property insurance—This can help cover the financial impact of theft of physical assets like equipment, inventory and office supplies. It also often covers damage caused by theft, such as broken windows or doors.
- Commercial crime insurance—This can offer broader coverage for various types of theft, including employee theft, forgery and fraud. It can cover both tangible assets (like money and inventory) and intangible assets (like electronic funds transfers).
- Cyber insurance—This can help cover the financial impact of thefts related to cyber crimes, such as hacking, data breaches and ransomware attacks.
Learn More
Contact Cornerstone Independent Insurance Agency LLC to discuss your business insurance portfolio.