Crime Protection insurance is a necessary component for any municipality because crime-related losses are not typically covered by most property insurance policies. The package compensates municipalities when a specific criminal action targeting their financial resources is committed against them. The coverage is broken down under two headings:
For more information, or a no-obligation Crime policy quotation, contact us.
- Employee Dishonesty – when one or more persons holding positions of trust use their inside knowledge to defraud their employer by directing the municipality’s money or property into their possession.
- Money and Securities – when outside parties seek to benefit monetarily by obtaining amounts of legal tender or documents of negotiable value without a municipality’s agreement or knowledge.