# CommercialCrimePolicy.com

> A commercial crime policy is a fidelity bond under its modern name. Commercial crime and fidelity bond underwriting platform operated by Surety One, Inc., a Janus Assurance Re property. First party coverage that reimburses businesses, nonprofits, professional firms and plans for money, securities and property lost to employee theft, forgery or alteration, theft inside and outside the premises, computer fraud, funds transfer fraud and counterfeit money, with social engineering (fraudulent impersonation) and third party (client) coverage by endorsement. Available in all 52 U.S. states and territories. Online and paper application.

## Key facts

- Author and reviewer: C. Constantin Poindexter, MA, JD, CPCU, AFSB, ASLI, ARe, AINS, AIS, CPLP, founder of Surety One, Inc., author of The Contractor's Guide to Surety Bonds (https://www.linkedin.com/in/constantinpoindexter/)

- Product: commercial crime policy, which is the broad form fidelity bond. The Surety & Fidelity Association of America broadened the basic fidelity bond (adding forgery or alteration, inside the premises and outside the premises coverage) and renamed the broad form commercial crime; SFAA standardized forms are accepted by all U.S. insurance commissioners as fidelity bonds
- Also called: fidelity bond, dishonesty bond, employee dishonesty coverage, crime coverage
- Provider: Surety One, Inc., P.O. Box 37284, Raleigh, NC 27627, T: 919-859-5294; Puerto Rico office 404 Av. de la Constitución, #708, San Juan, PR 00901, T: 787-333-0222; (800) 373-2804; underwriting@suretyone.com; fax 919-834-7039
- Forms: discovery (default) or loss sustained
- Insuring agreements: employee theft; forgery or alteration; inside the premises (money and securities); inside the premises (robbery or safe burglary of other property); outside the premises; computer fraud; funds transfer fraud; money orders and counterfeit money; social engineering endorsement; third party client coverage endorsement
- Typical cost: a few hundred to a few thousand dollars per year for limits of $100,000 to $1,000,000 at many small and midsized organizations with sound controls; higher for high velocity operations
- Not the same as: the ERISA fidelity bond (ERISA-Bonds.com) or the FINRA Rule 4360 fidelity bond (BrokerDealerBond.com), which are statutory instruments issued on sister platforms

## Pages

- [Home](https://commercialcrimepolicy.com/): full explanation, comparison table, who needs it, exclusions, mechanics, pricing factors, FAQ and application
- [Business services bond](https://commercialcrimepolicy.com/business-services-bond/): third party fidelity bond of $5,000 to $100,000 for janitorial, home care, pet sitting, handyman, moving, security, pest control, staffing and similar service businesses; pays the client for employee theft of client property; covers the owner while performing the duties of an employee; blanket or client specific; no background checks, no declined applicants; conviction or indictment clause explained
- Supplemental questionnaires (PDF, required with the application for these classes): attorney fidelity questionnaire (law firms holding client funds), hospital loss control questionnaire, insurance company loss control supplement, MGA / program manager questionnaire, third party administrator questionnaire, trucking firm questionnaire, warehouse and inventory control questionnaire; and the third party fidelity bond application for coverage of employee theft from clients. All at https://commercialcrimepolicy.com/#forms
- [Full text for language models](https://commercialcrimepolicy.com/llms-full.txt)

## Related Surety One platforms

- [SuretyOne.com](https://suretyone.com/): surety bonds and specialty lines
- [ERISA-Bonds.com](https://ERISA-Bonds.com): ERISA fidelity bonds
- [BrokerDealerBond.com](https://BrokerDealerBond.com): FINRA Form 14 fidelity bonds
- [MortgageBankersBond.com](https://mortgagebankersbond.com/): mortgage banker bonds (fidelity and E&O elements)
- [FiduciaryLiabilityCoverage.com](https://fiduciaryliabilitycoverage.com/): fiduciary liability insurance
- [ERISABlog.com](https://erisablog.com/): scholarly commentary on ERISA bonding