Theft of property, money or securities by employees is not covered under the property policy. The property policy will also exclude theft of money and securities regardless of who commits the crime
The crime insurance policy has many aliases. Blanket crime policy, employee dishonesty and fidelity bond are just a few of the names you find for this coverage.
Businesses of all types need this coverage either as a stand-alone policy or an endorsement of a package policy. The potential for loss is significant.
Here are the numbers recently developed by CBS news:
Crime insurance coverage primarily protects you from loss caused by:
Personal Auto Insurance
Personal Umbrella Insurance