Crime Insurance

No matter how trustworthy your team may be, crime-related losses are a significant concern for today’s businesses and are not always covered under regular insurance. Here’s why you need crime insurance:

• Employee Theft Is More Common Than You Think: Even small losses over time can add up.
• Cybercrime Is on the Rise: Modern threats require modern protection.
• Business Reputation Matters: A crime-related incident can harm your trustworthiness with clients or partners.
• Financial Recovery Is Hard Without Coverage: The cost of recovery after a loss can be substantial.

With the right crime insurance policy, you’ll be ready to recover quickly without the full financial burden falling on your business.

While each policy can be tailored to your needs, crime insurance generally includes protection against:

• Employee Theft or Dishonesty: Coverage for losses caused by employees stealing money, property, or securities.
• Forgery or Alteration: Reimbursement for losses due to forged checks or false financial documents.
• Computer and Funds Transfer Fraud: Coverage for unauthorized electronic transfers of money or securities.
• Money and Securities: Protection for theft of cash or securities inside your business premises or while in transit.
• Counterfeit Money: Losses resulting from accepting fake currency during transactions.

Our local Arkansas agents work with you one-on-one to customize your coverage to fit your industry, operations, and risk exposure.

Crime insurance has limits, and it’s important to know what is typically not included:

• Property Damage: For example, broken windows or damaged doors due to burglary.
• Loss of Future Income: Business income losses caused by criminal activity may require additional coverage.
• Errors or Omissions: Mistakes made by employees without intent to defraud are generally not covered.
• Data Breaches: You may need separate cyber liability insurance for this.

We help you understand exactly what’s included and what additional coverage you may need.