--- title: "What Is Crime Insurance?" description: "Crime insurance addresses specified theft and fraud losses; employee theft, forgery, funds-transfer fraud and impersonation payments can have separate terms." canonical: "https://thegeneralaverage.com/coverage/crime" page-type: "coverage-article" updated-at: "2026-09-25" coverage-line: "crime" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and the insurance research The General Average publishes at https://thegeneralaverage.com. Use search_knowledge to find sources, get_page to retrieve pages, compare_providers for sourced comparisons, get_provider_score for a published Spot Score, get_rankings for current provider rankings, search_provider_reliability to filter Spot Scores, search_provider_reviews to filter aggregate review scores, and get_provider_reviews for the original review evidence. The server is read-only and requires no authentication. [Human-readable page](https://thegeneralaverage.com/coverage/crime) ## Agent Guide **What this page is:** National guide to What Is Crime Insurance?: what it covers, common policy questions, and which providers document offering it. **Use this page when:** Explaining What Is Crime Insurance? in general terms. For a specific state's rules, use /coverage/crime/{state} instead. **Questions this page answers:** - What is What Is Crime Insurance?? - What does What Is Crime Insurance? cover and not cover? - Which providers offer What Is Crime Insurance?? - What should I ask before buying What Is Crime Insurance?? **Key facts:** - Lists 37 providers with documented What Is Crime Insurance? offerings, linked to their profiles. **Limits (do not over-claim):** - National overview only: state law, pricing, and availability vary and are not established here. - Provider listings are documented offerings, not quotes, endorsements, or a guarantee of availability for a given business. - Informational, not insurance, legal, or tax advice; a policy's actual terms control. **Provenance:** Cited editorial guide, updated 2026-09-25. See the Sources section for each claim. **Related pages:** - [Coverage directory](https://thegeneralaverage.com/coverage) — parent hub - [Business insurance by state](https://thegeneralaverage.com/coverage/states) — state-specific requirements - [What Is Cyber Insurance?](https://thegeneralaverage.com/coverage/cyber) — related coverage - [What Are Fidelity Bonds?](https://thegeneralaverage.com/coverage/fidelity-bonds) — related coverage - [What Is Kidnap and Ransom Insurance?](https://thegeneralaverage.com/coverage/kidnap-ransom) — related coverage - [Editorial policy](https://thegeneralaverage.com/editorial-policy) — how sources are chosen and reviewed # What Is Crime Insurance? Crime insurance addresses specified theft and fraud losses; employee theft, forgery, funds-transfer fraud and impersonation payments can have separate terms. ## Crime Insurance Summary Crime insurance can help reimburse specified business losses from theft and fraud, including employee theft and forgery. Compare those protections separately and ask whether a payment sent after an impersonation scam is covered. [1](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm) [2](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) [4](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html) [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) ## What Does Crime Insurance Cover? An employee may take inventory over time, while a fraudster may redirect a payment in one transfer; check how the quote treats each loss. [2](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) [4](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html) ### Different Ways Money or Property Can Be Lost Compare whether your quote covers employee theft, forgery, money on your premises or in transit, and computer or funds-transfer fraud. [2](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) | Exposure | Ask the insurer | | --- | --- | | Employee theft | Who counts as an employee, and what employee-theft limit applies? | | Forgery | Which forgery losses are covered, and what limit applies? | | Money at a location or in transit | What protection applies to money at your premises and in transit? | | Computer or funds-transfer fraud | Which fraud losses are covered, and under what circumstances? | ### Payments Induced by an Impersonator Ask whether the quote covers a payment your employee sends after an impersonator tricks them. [4](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html) ## Who Needs Crime Insurance? If employees or other people handle your business’s money, inventory or client property, a theft or payment scam can disrupt your operations. [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) ## Crime Insurance Coverage Examples ### A Fake Supplier Email Redirects a Payment An email appears to come from your supplier. Your finance team follows its instructions and pays a fraudster's account. This is a social-engineering loss. It needs explicit attention in the quote because computer-fraud or funds-transfer coverage may not cover a payment an employee was tricked into authorizing. [1](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm) [4](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html) [2](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ### You Discover Months of Employee Theft A bank reconciliation reveals that an employee has been taking money for months. Employee-theft coverage may help recover the loss. Discovery dates and reporting deadlines matter, and the policy may group the thefts under one loss limit. [1](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm) [2](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ## What Exclusions and Conditions Should You Check in Crime Insurance? ### People and Property Check who counts as an employee and what counts as insured property, especially for contractors, volunteers and client assets. [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ### Limits and Related Losses Compare each limit and retention, and ask whether repeated related thefts count as one loss. [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ### Discovery and Reporting A theft can happen months before anyone notices. Keep three dates in view: when the money was taken, when you discovered the loss and when you reported it. If you changed insurers in between, have the broker explain how both policies' discovery and reporting terms apply. [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ### Other Losses and Evidence of a Shortage Ask whether the quote addresses lost income, indirect losses and shortages supported only by inventory calculations. [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ## How Does Crime Insurance Differ From Cyber Coverage? Compare crime coverage for stolen money or property with cyber coverage for breach response and liability, and check where fraud protection overlaps. [1](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm) [5](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance) ## What Do You Need for Crime Insurance Quotes? ### Exposures and Loss History Prepare employee and location counts, the money or property at risk, requested limits and prior loss details. [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) ### Financial and Payment Controls Be ready to explain your bank reconciliations, separation of payment duties, approval process and audit findings. [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) Describe how you confirm vendor bank-detail changes, authenticate transfer requests and train staff to spot payment fraud. [7](https://asset.trvstatic.com/download/assets/cri-n-14300.pdf/99cc0ce863c911eeb61bc28f151b2ac2) | Prepare | How to use it in the discussion | | --- | --- | | Employee and location counts | Describe the operation being quoted | | Money and property exposed to loss | Explain what you want insured and the limits you are considering | | Prior loss details | Ask what history and supporting information the application needs | | Reconciliation, payment approval and audit practices | Explain how financial responsibilities are divided and checked | | Vendor-detail and transfer-request checks | Describe how staff confirm that a payment instruction is authentic | | Staff payment-fraud training | Explain the procedures employees are expected to follow | [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) [6](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3) [7](https://asset.trvstatic.com/download/assets/cri-n-14300.pdf/99cc0ce863c911eeb61bc28f151b2ac2) ## Crime Insurance: Key Terms in Plain English ### Social Engineering A payment-fraud scenario in which an impersonator tricks an employee into sending money. Ask about this explicitly. [4](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html) ### Discovery When a theft comes to light, which can be different from when it happened. Both dates matter to the coverage review. [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ## Frequently Asked Questions About Crime Insurance ### Is Crime Insurance the Same as Cyber? No. Crime protection concerns specified theft and fraud losses. Cyber protection concerns breach response and liability, though some fraud protection can overlap. [1](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm) [5](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance) ### What if a Theft Happened Before I Discovered It? The loss and discovery dates both need checking, along with the reporting deadline. This is particularly important if you changed insurers between the theft and its discovery. [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ### Does Crime Insurance Cover a Fake Vendor Payment Request? Check the social-engineering terms specifically. An employee sending money after being tricked by an impersonator needs its own coverage review; a crime policy title alone does not establish protection. [4](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html) ### Does Crime Insurance Include Employee Theft? Employee theft is one protection to check in a crime quote. Review it separately from forgery, money on the premises or in transit, and computer or funds-transfer fraud to see which protections you are buying. [2](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions) [3](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f) ## What Coverage Is Related to Crime Insurance? - [What Is Cyber Insurance?](https://thegeneralaverage.com/coverage/cyber) — Cyber insurance can help pay covered response costs and claims against your business after a cyber incident. If your business relies on data, software or outside providers, compare response limits, vendor outages and approval rules. - [What Are Fidelity Bonds?](https://thegeneralaverage.com/coverage/fidelity-bonds) — Fidelity coverage can reimburse certain losses when employees steal money or property they handle. If employees manage company funds, customer property or benefit-plan assets, identify each owner and compare the required protection for each interest. - [What Is Kidnap and Ransom Insurance?](https://thegeneralaverage.com/coverage/kidnap-ransom) — Kidnap and ransom insurance provides financial protection for specified kidnapping and extortion events and gives the business access to a crisis-response firm. Check who is insured, which events are named, and how territory and sanctions terms apply to your actual travel. ## Which Insurance Providers Offer Crime Insurance? ### [AIG](https://thegeneralaverage.com/insurance-providers/aig) AIG Crime Insurance / CrimeGuard Choice ### [Alliance Risk](https://thegeneralaverage.com/insurance-providers/alliance-risk) Alliance Risk arranges crime insurance. ### [Amelia Risk](https://thegeneralaverage.com/insurance-providers/amelia-risk) Amelia Risk arranges employee crime (fidelity) insurance. ### [Aon](https://thegeneralaverage.com/insurance-providers/aon) Aon lists crime within its global Professional Services Practice for law, accounting and consulting firms; U.S. availability and specific policy terms are not established. ### [Beazley](https://thegeneralaverage.com/insurance-providers/beazley) Beazley offers commercial crime insurance. ### [Berkshire Hathaway Specialty Insurance](https://thegeneralaverage.com/insurance-providers/berkshire-hathaway-specialty-insurance) BHSI lists Commercial Crime within its Executive First Private Company Portfolio’s comprehensive form, alongside D&O, employment-practices, fiduciary and employed-lawyer coverages. The page targets private companies with at least $10 million in revenue; portfolio limits up to $50 million may be shared or separate and are not a crime-specific limit. Crime coverage is distinct from fidelity bonds. ### [CFC](https://thegeneralaverage.com/insurance-providers/cfc) CFC offers crime in its US management-liability package for eligible organizations outside California, excluding US publicly traded companies. ### [Chubb](https://thegeneralaverage.com/insurance-providers/chubb) Chubb offers crime coverage within its ForeFront portfolio for private, nonprofit and health care organizations. ### [CNA](https://thegeneralaverage.com/insurance-providers/cna) named Management Liability coverage and configurable Epack 3 component ### [Coalition](https://thegeneralaverage.com/insurance-providers/coalition) Coalition offers crime insurance through its executive-risks product for private and nonprofit US organizations. ### [Corgi](https://thegeneralaverage.com/insurance-providers/corgi) Corgi lists crime insurance among its main policies. ### [Counterpart](https://thegeneralaverage.com/insurance-providers/counterpart) Named Commercial Crime product; confirm agreements, controls, limits and exclusions in the policy. ### [Coverdash](https://thegeneralaverage.com/insurance-providers/coverdash) Coverdash lists crime coverage in its catalog and invites quote requests. ### [Cowbell](https://thegeneralaverage.com/insurance-providers/cowbell) Cowbell offers a crime module in Zurich Select Plus for small and medium private companies, available through appointed Zurich E&S wholesalers. ### [Embroker](https://thegeneralaverage.com/insurance-providers/embroker) Embroker lists commercial crime and offers a corresponding quote path. ### [Founder Shield](https://thegeneralaverage.com/insurance-providers/foundershield) Founder Shield lists crime insurance among its core offerings. ### [Foxquilt](https://thegeneralaverage.com/insurance-providers/foxquilt) Foxquilt has a Crime Insurance product page, which says crime can be a BOP add-on or an isolated policy; the ConvertLabs cleaner program also lists Crime/Bonds but describes crime only. No bond product is inferred. ### [Gallagher](https://thegeneralaverage.com/insurance-providers/gallagher) Gallagher arranges crime insurance. ### [Heffernan Insurance Brokers](https://thegeneralaverage.com/insurance-providers/heffernan) Heffernan arranges crime insurance. ### [HUB International](https://thegeneralaverage.com/insurance-providers/hub-international) HUB International arranges commercial crime insurance. ### [Liberty Mutual](https://thegeneralaverage.com/insurance-providers/liberty-mutual) A group brand spanning personal and commercial insurance businesses; its business unit pages describe small-commercial cover for small businesses and commercial, specialty, surety, and reinsurance solutions for mid-size and large businesses. ### [Lockton](https://thegeneralaverage.com/insurance-providers/lockton) Lockton arranges commercial crime insurance. ### [Markel Insurance](https://thegeneralaverage.com/insurance-providers/markel) Markel Cyber 360 eCrime component (standalone product not established) ### [Marsh](https://thegeneralaverage.com/insurance-providers/marsh) Marsh McLennan Agency (MMA), a Marsh business, arranges commercial crime insurance. ### [Marsh McLennan Agency](https://thegeneralaverage.com/insurance-providers/marsh-mclennan-agency) Business insurance and employee health and benefits, with retirement, wealth, and private-client services also listed for the United States and Canada. ### [Nationwide](https://thegeneralaverage.com/insurance-providers/nationwide) Nationwide markets commercial crime insurance and management-liability crime products; exact insuring agreements and fidelity form are not established here. ### [Newfront](https://thegeneralaverage.com/insurance-providers/newfront) As of September 16, 2026, Newfront lists fidelity and crime within its executive-risk services. ### [Relm Insurance](https://thegeneralaverage.com/insurance-providers/relm) Relm lists crime insurance for placement through brokers. ### [RiskCube](https://thegeneralaverage.com/insurance-providers/riskcube) RiskCube arranges commercial crime insurance for startups. ### [StartupInsurance.ai](https://thegeneralaverage.com/insurance-providers/startupinsurance) StartupInsurance.ai arranges commercial crime insurance for startups. ### [The Baldwin Group](https://thegeneralaverage.com/insurance-providers/baldwin) Listed as commercial crime or crime/fidelity within specified sectors. ### [The Hartford](https://thegeneralaverage.com/insurance-providers/the-hartford) The Hartford offers crime insurance as a management-liability coverage option. ### [Travelers](https://thegeneralaverage.com/insurance-providers/travelers) Travelers offers commercial crime insurance. ### [USI Insurance Services](https://thegeneralaverage.com/insurance-providers/usi) USI arranges crime insurance. ### [Vouch](https://thegeneralaverage.com/insurance-providers/vouch) As of September 16, 2026, Vouch lists crime among the coverages in its technology-company programs. ### [WTW](https://thegeneralaverage.com/insurance-providers/wtw) WTW’s 2024 annual report describes crime insurance solutions as a group capability. The filing is historical and global; current U.S. placement terms and eligibility remain unknown. ### [Zurich U.S.](https://thegeneralaverage.com/insurance-providers/zurich) Zurich markets commercial crime insurance as standalone policies and as package solutions; package structure is distinct from any specific policy terms. ## Sources for Crime Insurance 1. [Commercial Insurance Guide](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm). California Department of Insurance; Crime. Accessed 2026-09-16. 2. [Crime Non-Financial Applications and Forms](https://www.travelers.com/business-insurance/professional-liability-insurance/apps-forms/crime-non-financial-institutions). Travelers; Opening paragraph; Sample Policy Forms. Accessed 2026-09-16. 3. [Crime Terms and Conditions](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f). The Travelers Companies, Inc.; I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15. Accessed 2026-09-16. 4. [Social Engineering Fraud Insurance](https://www.chubb.com/us-en/business-insurance/social-engineering-fraud-coverage-for-crime-insurance.html). Chubb; Opening; coverage highlights. Accessed 2026-09-16. 5. [Cyber Insurance](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance). Federal Trade Commission; First-party and third-party cyber coverage. Accessed 2026-09-16. 6. [Commercial Crime Coverage Application](https://asset.trvstatic.com/download/assets/cri-1100w-ind.pdf/9aa2577663c911ee91291279531924d3). Travelers Casualty and Surety Company of America; I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3. Accessed 2026-09-16. 7. [Social Engineering Fraud Supplemental Commercial Crime Application](https://asset.trvstatic.com/download/assets/cri-n-14300.pdf/99cc0ce863c911eeb61bc28f151b2ac2). Travelers Casualty and Surety Company of America; General Information; Vendor, Client and Internal Funds-Transfer Controls, page 1. Accessed 2026-09-16. Updated 2026-09-25. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. [Editorial policy](https://thegeneralaverage.com/editorial-policy). To suggest a correction, [email The General Average](mailto:thegeneralaverage@spot.insure) with the page URL and supporting source. ## Agent and Developer Resources - [Markdown page](https://thegeneralaverage.com/coverage/crime.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://thegeneralaverage.com/llms.txt)