Theft by the people you trusted, which property insurance does not cover.

Parts theft and till shortages by staff are a routine loss nobody plans for.

Till shortages, employee theft and the scam where staff are talked into handing the cash over. No other line touches any of it.

A theft allegation against a crew member with keys is the claim this trade actually faces, and clients ask for the bond by name.

Resident funds handled by staff are the exposure licensing asks about, and a dishonesty bond is often named in the contract.

A cash business with high staff turnover is the textbook employee dishonesty exposure, and the property policy excludes it.

Cash across two service points and high turnover is the employee dishonesty exposure, excluded from the property policy.

A cash door and a cash bar with seasonal staff is the employee dishonesty exposure, which the property policy excludes.

Staff working unsupervised inside clients’ homes and rooms is a theft allegation exposure as much as a theft one.

Jewelry, watches, cash and valuables in a hotel suite make theft allegations against staff a live risk, and the amounts are not small.

Items disappear between a residence and a warehouse, and employee theft is excluded from most property forms unless it is bought back.

Employees are placed alone inside client premises with access to everything in them.

Temporary staff are placed inside client premises with access to cash, stock and systems, and clients expect you to stand behind that.

Robbery, till shortages and employee theft are frequency losses in a cash business open long hours.

Social-engineering and funds-transfer fraud sit in crime forms, not cyber ones: the wire that left because an email looked right.

Funds-transfer fraud and social engineering are crime claims, not cyber ones: a distinction discovered at the worst possible time.

The most common large loss in this class is gear that goes out on a hire and never comes back.

You hold and disburse other people’s royalties, which is the profile employee dishonesty coverage exists for.

Wheels and premium tires are portable, resaleable and frequently stolen by insiders.

Registration fees and concession cash handled by rotating volunteers.

Invoice fraud is the everyday version, and it is excluded from cyber because the transfer was authorized rather than hacked.

Invoice fraud is the everyday version, and it is excluded from cyber because the transfer was authorized rather than hacked.

Invoice fraud is the everyday version, and it is excluded from cyber because the transfer was authorized rather than hacked.

Frequently required by statute or by Fannie Mae for units to be financeable.

Cyber policies frequently sublimit or exclude the funds themselves.

Real estate and settlement wire fraud is the most common large loss in the profession.

Bookkeeping and payroll clients mean money movement, and money movement means fraud.

A receptionist who wires a deposit because "the supplier" called about a stock order has not been burgled, and property coverage does not answer it. Ask for the social engineering sublimit by name.

A caller claiming to be the commissary asks for a card number to hold your slot. Nothing was taken from the truck, so property coverage does not respond. Social engineering is bought separately, and it has to be asked for.

Money moved after a convincing call about a membership refund is not a burglary, and property coverage does not reach it. The social engineering sublimit is the part that does.

The commonest large loss in a small office is internal or invited, and neither property nor cyber reliably answers a transfer somebody authorized.

A deposit wired to a caller posing as the venue is not a theft your property policy recognizes. Crime coverage with social engineering named on it is what answers.

Paying an invoice from a supplier whose bank details changed by email is not burglary. Property coverage will not pay it, and the social engineering sublimit has to be asked for by name.

A franchise fee sent to an account a convincing email supplied is not burglary, and property coverage does not answer it. That loss sits under social engineering, which is a sublimit you request.

A manager who hands over the day’s takings on a convincing phone call has not been burgled, so the property policy stays shut. Social engineering coverage is the one that opens.

A deposit wired to somebody posing as the wedding venue is not burglary, and your property policy does not answer it. Ask specifically for social engineering.

A gift-card balance released on a convincing phone call is not a burglary, so property coverage does not respond. It is the social engineering sublimit that does, and it is not automatic.

Refunds pushed through by a caller claiming damage to a vehicle are not burglary, and property coverage does not answer them. Social engineering has to be named on the crime coverage.

Coin and card revenue released to somebody posing as your route servicer is not burglary. Property coverage does not answer it; the social engineering sublimit does, once you have asked for it.

Paying a solvent supplier whose bank details changed by email is not burglary, and property coverage does not answer it. Social engineering is a separate sublimit and it is easy to leave off.

A deposit refunded to a caller who was never a client is not burglary, so property does not answer it. The coverage for it is social engineering, requested by name.

Cash handling by rotating volunteers with little segregation of duties.

Preneed trusts are regulated, long-dated and a theft exposure.

Real estate closings are the most targeted wire fraud in the country.

Cyber policies commonly exclude or sublimit the funds themselves.

The commonest large loss in a small office is internal or invited, and neither property nor cyber reliably answers a transfer somebody authorized.

Wiring a deposit to somebody posing as a broker is not burglary, so property coverage stays shut. Ask for social engineering by name.

A vendor payment moved on a fraudulent instruction is not burglary, and property coverage does not answer it. Name social engineering on the crime coverage.

You hold other people’s money continuously, often in large aggregate.

Restricted banking means unusual amounts of cash on premises.

Limited banking access makes this the defining retail exposure.

A payment sent on a spoofed instruction is not theft your property policy recognizes. Social engineering has to be named on the crime coverage.

Frequency here is higher than ordinary retail and insurers price it that way.

A refund released to somebody who never booked is not burglary, and property coverage does not reach it. Social engineering is bought separately.

Paying a supplier invoice to a changed account is not theft under a property policy. It sits under social engineering, which you have to request.

Money moved on a convincing phone call is not a burglary, and property coverage does not answer it. The social engineering sublimit does.

Cash counted by rotating volunteers with almost no segregation of duties is the textbook exposure.

Cash collected by parent volunteers with no controls is the commonest loss a league suffers.

Cash businesses run by rotating volunteers have almost no segregation of duties.

Most general liability forms will not pay for theft by an employee, which is why Ohio writes the requirement into the rule.

The accusation every agency eventually receives, paid from the agency’s own account.

Most property and fine arts forms exclude theft by your own people, which is the theft collections lose most often.

Property management handles a steady flow of cash and payments, and lenders and investors often ask for a fidelity bond.

Money sent on a convincing instruction is not a burglary, so the property policy does not respond. Social engineering coverage is the part that does.

A device invoice paid to a fraudulent account is not burglary. Property coverage will not pay it, and social engineering is a sublimit you ask for.

Social engineering is a named sublimit on most forms and absent on the cheap ones.

Cyber forms commonly exclude a transfer a person authorized, even when the person was tricked, so it needs its own coverage.

An agency that pays media on a client’s behalf moves large sums on email instructions, and cyber forms usually exclude a transfer someone authorized.

Cyber usually excludes a transfer someone authorized, even when they were deceived.