Crime Insurance

Protect your company from money theft with crime insurance. This coverage defends you from employee theft, armored car robbery, and fraudulent transactions.

Who is Crime Insurance for?

Money theft hurts businesses, no matter their size or status. It happens in various ways – employees might steal money, thieves might rob armored cars, fake checks might be accepted, and wire transfers might be fraudulent. However it unfolds, money theft causes significant damage.

Crime insurance protects companies from loss due to illegal activities. It does not deal with defending against third-party lawsuits. This policy reimburses the company for its direct losses of money, securities or other tangible property.


Companies with 5+ employees face higher risk of employee theft, fraud, and forgery.


Processing large amounts of cash, checks, or card transactions increases the risk of theft.

Seasonal Workforce

Temp workers increase crime risk for businesses.

Why You Need Crime Insurance?

US businesses lose 5% of revenue to fraud. Crime insurance prevents this loss by reimbursing for money, securities, and tangible property losses.

Workplace Crime Loss

Employees stealing from their workplace is a risk for businesses, costing them around $50 billion each year in damages.

Fraud Loss

Global companies lose $3.5 trillion annually to fraud, causing significant damage to businesses of all sizes.

Lost Revenue

US businesses lose 5% of their revenue to fraud, according to the Association of Certified Fraud Examiners.

What Does Crime Insurance Cover?

Crime insurance now covers more than just employee theft. It covers traditional theft methods like robbery, burglary, and forgery. Policies also cover new kinds of theft due to technological advancements, such as social engineering and fraudulent instructions. Unfortunately, criminals can now commit these crimes from home.


Employees may unknowingly give away sensitive information through phishing emails, which could lead to unauthorized funds transfer.

Unauthorized Fund Transfer

A hacker impersonates the CEO via email to request urgent funds transfer for a secret deal.

Employee Theft

Employee introduces virus via storage device, leading to unauthorized fund transfer.

Crime Insurance Claim Examples

Here are some claim examples that illustrate what Crime Insurance covers:

Employee Dishonesty

An employee at a small business stole over $100,000 by creating fake vendor accounts and completing fraudulent transactions over two years. The embezzlement was only uncovered by chance when the employee became ill and could no longer continue the deceit. The insurer investigated the claim and paid out in full.


A Fintech company’s office was burglarized and all the computers and USB cords were stolen, totaling over $50,000 in losses.

Social Engineering

Tim worked in accounting for a tech company and was hired through his college alumni network by CEO Jill. He fell victim to a spearphishing attack after wiring $50,000 to a fraudulent account for an alumni event sponsorship.

Crime Insurance FAQ

What’s Not Covered?

How Much Does Crime Insurance Cost?

Protect your business from theft with crime insurance. Contact us for a quote based on your unique needs.

Is it a Stand Alone Policy?

Crime insurance can be its own policy or added to an existing one, as an endorsed policy.

What is the Most Common Crime Insurance Claim?

Employee dishonesty is the top cause of crime insurance claims, so businesses with staff need to safeguard against this risk.

Bad stuff happens.

Imagine a policy that actually covers it.

Shoot us your email and we’ll kick off a conversation to help get you a quote on the best coverage for your brand.