Commercial Crime Insurance in Texas: The Coverage Gap That's Wiping Out Small Businesses

Call Schell Insurance at (972) 423-4546 for a personalized quote or visit https://schellinsurance.com to learn more about their comprehensive insurance solutions. Your business owner's policy probably doesn't cover the one crime most likely to hit you. In this episode of Insurance Talk Texas, presented by Schell Insurance, we break down commercial crime insurance and the fast-growing threat of employee theft, forgery, funds transfer fraud, and social engineering scams like business email compromise (BEC). Texas ranks number two in the entire country for cybercrime victims and losses, and the Dallas-Fort Worth Metroplex takes the heaviest hit in the state. For business owners across Frisco, McKinney, Plano, Prosper, Allen, and the greater Collin and Denton County area, that risk is real and it's growing. A single fraudulent wire request can drain an account in minutes, and once the money moves, it's almost never recovered. Here's what we cover in this episode: What commercial crime insurance actually protects, from employee dishonesty and embezzlement on the inside to forgery, computer fraud, and social engineering on the outside. Why a standard business owner's policy only includes a token amount of crime coverage, and how that gap leaves growing companies dangerously exposed. The critical difference between cyber insurance and crime insurance: cyber protects your data, crime protects the money walking out the door. How social engineering fraud (business email compromise) works, why it bypasses your firewalls and antivirus completely, and why a dedicated endorsement often gives you a higher, dedicated limit than a cyber policy sublimit. The ERISA fidelity bond requirement for businesses that offer a retirement plan, and how it can be built right into your crime coverage. Simple, practical habits that stop a huge share of these scams before they ever start, including a verification rule every business should adopt today. At Schell Insurance, an independent agency serving North Texas, the team compares what you actually have against what you think you have and builds coverage that matches your real risk, not a one size fits all template. Whether you're a contractor, a professional office, a retailer, or a growing service business, protecting your money from theft and fraud is one of the smartest moves you can make. Don't wait until you're staring at a wire confirmation for money that isn't coming back. Get ahead of it. Call Schell Insurance at (972) 423-4546 or visit https://schellinsurance.com today. Serving Frisco, McKinney, Plano, Prosper, Allen, Collin County, and Denton County. #CommercialCrimeInsurance #TexasBusinessInsurance #SchellInsurance #InsuranceTalkTexas #SmallBusinessInsurance #SocialEngineeringFraud #BusinessEmailCompromise #EmployeeTheft #NorthTexasBusiness #FriscoTX #McKinneyTX #PlanoTX #ProsperTX #AllenTX #CollinCounty #DentonCounty #BusinessProtection #FraudPrevention #IndependentInsuranceAgent #CyberFraud