Question

In the middle of the night, armed robbers break into the headquarters of Superior Industries and restrain the night guard. Then, they blow open the safe and steal the contents. Luckily, Superior Industries has a Commercial Crime policy. Which of the following would NOT be covered under Inside the Premises - Robbery and Safe Burglary of Other Property coverage?

A. The damage to the door of the safe
B. The damage to the front door caused by robbers breaking the glass to access the building
C. The damage to the surrounding room from the explosion
D. The bundles of cash that were stored in the safe

Answer 1

The damage to the front door caused by robbers (B), is not covered under the Inside the Premises - Robbery and Safe Burglary of Other Property coverage; rather, it's typically covered by property or casualty coverage. Items directly related to the burglary, such as damage to the safe and room, as well as the stolen cash, are typically covered.

Step-by-step explanation:

Under the Inside the Premises - Robbery and Safe Burglary of Other Property coverage of a Commercial Crime policy, certain types of damage and loss due to criminal activity are covered. However, this coverage typically pertains to the loss of property due to actual robbery or burglary. Therefore, the item that would NOT be covered is B. The damage to the front door caused by robbers breaking the glass to access the building. This type of damage is usually covered under a different part of a commercial insurance policy, such as property or casualty coverage.

Items A. The damage to the door of the safe and C. The damage to the surrounding room from the explosion would generally be covered because they are directly related to the robbery and safe burglary. Additionally, D. The bundles of cash that were stored in the safe would also be covered as they are the actual property stolen during the robbery.