As a business owner, you want to protect your company as best as possible. That’s why you invest in business insurance and do what you can to reduce your risk of liability every day. However, standard business insurance isn’t always enough to keep your business safe from all types of threats and crimes. To do that, you need commercial crime coverage.
What Commercial Crime Insurance Is
Commercial crime coverage is a type of supplemental insurance policy that protects your business from the most common crimes. These include the following:
- Cyber threats
- Internal theft
- Counterfeit payments
Your standard business insurance policy does cover some of these incident types, but the coverage you have may not be enough to offset the costs of repairs and damages. This makes it hard for you to maintain your bottom line and preserve your business’s profits.
It’s an Investment in Your Company’s Future
Even small gaps in insurance coverage can leave you facing hundreds or thousands of dollars in repairs. Standard commercial insurance policies only cover certain hazards. By investing in commercial crime coverage, you’ll be investing in your company’s future. If anything happens, the coverage will fill in the gaps left by your business insurance policy.
Crimes and theft happen every day. The best way to protect your business is to buy the most comprehensive insurance coverage. Make sure your plan includes commercial crime insurance and you’ll be in good shape.