Does Commercial Property Insurance Cover Theft?
Often, but theft coverage depends on the cause-of-loss form, property category, and exclusions.
Theft can be covered under commercial property insurance, but the answer depends on whether the policy uses a named-peril or special form, and on its theft exclusions and conditions. A scheduled building and business personal property may have different limits. Cash, securities, property left outdoors, or property at another location can have narrower treatment or separate requirements. A forced-entry requirement or protective-safeguard condition may also matter.
Check the declarations and forms for theft, burglary, unexplained disappearance, property off premises, and any sublimits. Report the property values and locations accurately, and ask whether you need a crime policy for employee theft, money, or fraud; ordinary property theft coverage does not answer those separate risks.
Related Coverage
Sources
- Commercial property insurance guide. Texas Department of Insurance; Coverage options; Replacement cost vs. actual cash value; Flood insurance; Crime coverage; Inland marine coverage; Additional coverages. Accessed 2026-09-25.
- Commercial Insurance Guide. California Department of Insurance; Commercial Property: Coverage Sections, Limits of Insurance, and Coinsurance; Covered Causes of Loss; Valuation Types; Inland Marine; Builder’s Risk; What Is a Business Owners Policy. Accessed 2026-09-25.
- Commercial Property and Business Income Coverage Forms in SES sample policy. Insurance Services Office, Inc.; sample hosted by SES Insurance; CP 00 10 10 12, printed pp.1–16 / PDF pp.7–22: A.1 Covered Property, A.2 Property Not Covered, E.1.b Property of Others, E.1.e Outdoor Property; CP 00 30 10 12, printed pp.1–9 / PDF pp.22–30: Business Income definition, trigger, coinsurance and restoration period. Accessed 2026-09-25.
