1. Forms
2. CR
3. CR-00-05

What the form is

The CR 00 05, titled Robbery and Safe Burglary - Property Other Than Money and Securities (also known as Commercial Crime Coverage Form D), is an insurance coverage form designed to protect businesses against financial loss due to the robbery or safe burglary of property other than money and securities. It provides coverage for loss or damage to such property taken from within the insured's premises by robbery of a custodian or by safe burglary. Additionally, it covers property (other than money and securities) that is stolen outside the premises due to robbery while in the care and custody of a messenger. This form evolved from older forms like the Mercantile Robbery Forms and Mercantile Safe Burglary Forms, with most changes aimed at clarification and consolidation of provisions into common policy conditions or general crime conditions forms.

Classes of business it applies to

This form is suitable for a variety of businesses that possess valuable tangible property (excluding money and securities) that could be targeted for robbery or safe burglary. Examples include:

• Retail stores holding valuable merchandise like electronics, apparel, or high-value goods (excluding cash registers or safes containing money, which would need different coverage).
• Offices with expensive equipment, artwork, or other valuable non-monetary assets.
• Wholesalers or distributors with inventories of goods susceptible to these types of theft.
• Service businesses that maintain valuable tools or equipment on their premises.

It is a mandatory component of certain commercial crime coverage plans, such as the Insurance Services Office, Inc. (ISO) Commercial Crime Coverage Plan 5 (Office Burglary and Robbery) and Plan 3 (Storekeepers Broad Form).

Special considerations

• Property Covered: It is crucial to note that this form specifically applies to "property other than money and securities." Coverage for money and securities requires different forms, such as CR 00 18 (Robbery and Safe Burglary Coverage Form—Money and Securities) or CR 00 04 (Theft, Disappearance and Destruction Form C).
• Inside Premises Coverage Options: Coverage for inside the premises can be written to cover both robbery and safe burglary, or it can be limited to only one of these perils.
• Messenger Coverage: The outside premises coverage is specific to robbery of property from a messenger.
• Premises Damage: The form also typically covers damage to the insured's premises (including locked safes or vaults) that occurs during an actual or attempted safe burglary.
• Key Exclusions: Notable exclusions often include losses caused by acts of employees, directors, trustees, or representatives, as these are typically covered under employee dishonesty forms. Loss by fire is also a common exclusion.

Key information for agents and underwriters

• Risk Assessment: Underwriters should carefully assess the nature and value of the insured's property (other than money and securities) that is exposed to robbery or safe burglary. This includes evaluating inventory, equipment, and other tangible assets.
• Security Measures: The presence and adequacy of security measures are critical. This includes the quality of safes, alarm systems, surveillance, and procedures for messenger protection. Discounts may be available for specific security measures like UL-inspected messenger bags or locked messenger safes.
• Location and Environment: The physical location of the business and local crime statistics should be considered in the underwriting process.
• Limits of Insurance: Agents should work with insureds to establish appropriate coverage limits that reflect the maximum potential loss of the covered property.
• Potential Overlap/Gaps: It's important to review if the insured has other property coverage, such as a special form contents policy, which might provide some overlapping coverage. However, this crime form provides specific peril coverage that might not be as broadly covered or could have different limitations under a general property policy.
• Governing Provisions: The CR 00 05 is used in conjunction with the Crime General Provisions Form (e.g., CR 10 00), which contains applicable definitions, conditions, and exclusions that modify the coverage.