What Insurance Covers Money Stolen from a Hacked Bank Account?
Crime insurance may reimburse stolen account funds when funds-transfer or computer-fraud wording covers the transfer; cyber may pay separate response costs.
A hacked account can produce a direct financial loss and separate investigation expenses. A Travelers specimen has distinct grants for certain fraudulent transfers and computer-caused transfers; FTC guidance describes cyber coverage for forensic and other response costs.
Ask whether the crime wording covers your bank and payment accounts, the method of transfer, and actions by authorized users who were deceived. Confirm the applicable limits and report a suspected transfer to your bank and insurer promptly.
Coverage Guides Related to Business Insurance
Sources for This Answer
- Crime Terms and Conditions. The Travelers Companies, Inc.; Insuring Agreements A.1 Employee Theft, A.3 Employee Theft of Client Property, B Forgery or Alteration, F Computer Fraud, G Funds Transfer Fraud, PDF pp.1–5; definitions E and AA, pp.7 and 10; exclusions IV.C–H, pp.14–15. Accessed 2026-09-25.
- Cyber Insurance. Federal Trade Commission; First-Party Coverage; Third-Party Coverage; What Should Your Cyber Insurance Policy Cover. Accessed 2026-09-25.