Alabama Property and Casualty Practice Exam

Which process is NOT typically covered under a Commercial Crime Policy?

1. Employee theft

2. Forgery by an outsider

3. Vandalism to property

4. Loss of securities from theft

The correct answer is: Vandalism to property

A Commercial Crime Policy is designed to protect businesses from various forms of financial loss due to criminal acts. It specifically focuses on incidents like employee theft, forgery, and theft of securities. Vandalism, while a crime, typically pertains more to property damage than direct financial loss. This means that the losses covered under a Commercial Crime Policy usually relate to financial crimes rather than damages or destruction to property caused by acts such as vandalism. Coverage for property damage, including vandalism, would generally fall under a commercial property insurance policy rather than a commercial crime policy. Thus, vandalism to property is not typically included in the coverage that a Commercial Crime Policy provides, making it the correct answer in this context.