Full protection is essential for small businesses, even when faced with situations beyond their control. The benefits of including crime insurance in your commercial insurance package may be the critical difference in enabling your business to continue operations. Crime insurance covers acts related to theft, financial losses, and forgery, among others.

Have Property Protected

When your business is attacked, an investigation is conducted by the local authorities and your insurance agency. They may allege negligence in your practices and attempt to deny coverage for the damaged property. However, with crime insurance, you can have peace of mind knowing that, given a documented crime, you can receive financial assistance for damages to the property and replacement of lost items.

Protect Assets

With crime insurance, you don’t need to use your assets to restore your business. This can prevent smaller companies from closing. Also, even if your business is significantly successful, you would want to protect your assets without having to downsize or eliminate positions to maintain security.

Assist With Fraud

In instances of fraud or cybercrime, the business needs to rectify the situation quickly, protect customer information, and return stolen funds. This could occur through employee theft or a system hack. With crime insurance, you can protect your business, employees, and customers by incorporating this policy into your plan. It saves you from dipping into the business account or using personal funds to cover these refunds.

If you own a small business in the Oviedo, FL area or surrounding communities, ensure to get a quote from Karla Salmon Insurance for commercial insurance today.