{"id":168,"date":"2026-09-30T12:00:00","date_gmt":"2026-09-30T18:00:00","guid":{"rendered":"https:\/\/www.hedgepeth-hutson.com\/blog\/?p=168"},"modified":"2026-09-22T08:54:38","modified_gmt":"2026-09-22T14:54:38","slug":"how-to-use-commercial-insurance-to-cover-loss-from-employee-theft","status":"publish","type":"post","link":"https:\/\/www.hedgepeth-hutson.com\/blog\/how-to-use-commercial-insurance-to-cover-loss-from-employee-theft\/","title":{"rendered":"How To Use Commercial Insurance To Cover Loss From Employee Theft"},"content":{"rendered":"

Employee theft is the equivalent of drilling holes in a rowboat. It slowly eats away at your profits, resulting in massive losses no matter how hard you work. There are a few things business owners in Nashville, NC can do, and you may be able to use your commercial insurance. <\/span><\/span><\/span><\/p>\n

Speak With An Agent<\/span><\/span><\/span><\/h3>\n

Many policies will provide coverage for theft, but some specifically exclude employee theft. Speak with an agent at Hedgepeth-Hutson Insurance Services Inc. to learn whether your policy excludes employee theft. A representative can also help you learn other steps you need to take. <\/span><\/span><\/span><\/p>\n

They can also help you decide whether it’s worth it to file a report. You usually have to pay a deductible before your insurance will kick in to cover the rest. If the case involves petty theft, and your deductible is $500, it might be more expensive to work with an insurance company. <\/span><\/span><\/span><\/p>\n

File A Police Report<\/span><\/span><\/span><\/h3>\n

Almost every company will require that you file a police report before you file an insurance claim. It’s important to give the police accurate information and get a copy of the police report. Some companies will want a copy to process your claim. <\/span><\/span><\/span><\/p>\n

File A Claim Immediately<\/span><\/span><\/span><\/h3>\n

Always file a claim as soon as you find out about the incident. Delaying speaking with an agent can void your claim. Many companies only give you so much time to file a claim, and this time limit varies depending on the company. <\/span><\/span><\/span><\/p>\n

You may need to fire the employee immediately as well. If you suffer further losses because you let the employee keep working at your business, your company will likely deny the claim. <\/span><\/span><\/span><\/p>\n

Agents here at Hedgepeth-Hutson Insurance Services Inc. can help you learn more about how to file a claim and whether employee theft is covered. Contact us today to learn more. We’re currently serving the Nashville, NC area. <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Employee theft is the equivalent of drilling holes in a rowboat. It slowly eats away at your profits, resulting in massive losses no matter how hard you work. There are a few things business owners in Nashville, NC can do, and you may be able to use your commercial insurance.  Speak With An Agent Many […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[30,14,26,28,29],"class_list":["post-168","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-commercial","tag-hedgepeth-hutson-insurance-services-inc","tag-insurance","tag-nashville","tag-nc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t