What Does Robbery and Safe Burglary Coverage Mean?

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What does Robbery and Safe Burglary Coverage mean? Read on to discover the definition & meaning of the term Robbery and Safe Burglary Coverage - to help you better understand the language used in insurance policies.

Robbery and Safe Burglary Coverage

Robbery and Safe Burglary Coverage

A type of policy that insures against the loss of money and securities by robbery or safe burglary. There are two standard forms that provide this coverage. Insurance Services Office, Inc. (ISO), crime form (CR 00 18) insures against the loss of money and securities by robbery or safe burglary. Prior to October 1990, the robbery and safe burglary form (form D) was endorsed to provide this coverage. A separate coverage part is now available. ISO crime form (CR 00 05) insures against the loss of property, other than money and securities, by robbery or safe burglary.

We hope the you have a better understanding of the meaning of Robbery and Safe Burglary Coverage.

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