Insurance TypesCrime Coverage Insurance

Crime Coverage Insurance

Protection against theft, burglary, and criminal activity including employee dishonesty and third-party theft.

Key Benefits

Coverage for theft and burglary

Protection against employee dishonesty

Covers robbery and criminal activity

Covers cash and securities

Third-party theft protection

Ideal For

Properties with cash on site

Properties with valuable contents

Properties with employees

High-crime area properties

Coverage Highlights

  • Theft and burglary
  • Employee dishonesty
  • Robbery coverage
  • Cash and property protection
  • Mysterious disappearance

Average Cost

$300-$1,000/year

Actual costs vary based on property details, location, claims history, and specific coverage limits.

Common Misconceptions

Property insurance covers theft (limited coverage)

Crime coverage not needed for rentals (depends on situation)

All theft is covered equally (specific policy language applies)

Coverage automatic without endorsement (must be added)

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