--- title: "Crime insurance | CARMA" description: "Crime insurance can address selected theft, employee dishonesty, fraud, and funds-transfer exposures, depending on the policy. The submission should..." canonical: "https://www.carma365.com/cannabis-insurance/crime/" --- Insurance by coverage # Crime insurance for cannabis businesses Crime insurance can address selected theft, employee dishonesty, fraud, and funds-transfer exposures, depending on the policy. The submission should distinguish cash, inventory, securities, and electronic funds because each is handled differently. Prepared by [CARMA Insurance](/about/) Reading time 1 min read Content updated August 12, 2026 Carma Insurance LLC [Business entity NPN 21134854](/licensing-disclosures/) Related CARMA expertise [Zimraan Shikari, Director, Underwriting](/experts/zimraan-shikari/) [How we publish guidance](/editorial-standards/) [Discuss a crime exposure](https://broker-forms-sandbox.pages.dev/application)[Start QuickQuote](https://broker-forms-sandbox.pages.dev/quoter-v2/)[Speak with the CARMA team](/contact/) Coverage and availability depend on the account, state, insurer and underwriting review. General information and nonbinding indications do not bind insurance; the applicable binder, policy, endorsements and law govern coverage. Important insurance information This guide is general information and does not determine coverage or legal requirements for your business. Policy terms, exclusions, conditions and available options vary. Contact the appropriate licensed insurance representative about your account, request confirmation of any coverage placed, and review the applicable insurance documents. An application, inquiry or nonbinding indication does not by itself bind or change insurance. Account brief ## What to clarify before discussing this account **Clarify** What is the greatest amount of cash or inventory held or moved at one time? **Confirm** Who can approve payments, change vendor instructions, or access financial accounts? **Prepare** Cash, inventory, deposit, and funds-transfer procedures [Discuss a crime exposure](https://broker-forms-sandbox.pages.dev/application) On this page 5 sections On this page [Follow cash and inventory through the operation](#follow-cash-and-inventory-through-the-operation)[Explain authorization and verification controls](#explain-authorization-and-verification-controls)[State questions](#state-questions)[Underwriting focus](#underwriting-focus)[What to send CARMA](#what-to-send) ## Follow cash and inventory through the operation Describe collection, counting, storage, transport, reconciliation, and deposit practices. Identify which employees, vendors, and locations can access cash, products, accounts, or financial systems. ## Explain authorization and verification controls Show where dual control, segregation of duties, callbacks, access limits, camera coverage, background procedures, and inventory reconciliation are used. Include any prior shortage, theft, forgery, fraud, or social-engineering event. ## Crime questions to resolve before submission - What is the greatest amount of cash or inventory held or moved at one time? - Who can approve payments, change vendor instructions, or access financial accounts? - How are discrepancies investigated and reconciled across locations and shifts? ## What CARMA wants the submission to explain These details help the team understand the account and identify the next useful question. They do not establish eligibility or available terms. - Describe how cash, inventory, securities, payment instructions, and access credentials move through the business. - Identify who can receive, approve, change, transfer, count, reconcile, or remove valuable property. - Explain segregation of duties, verification procedures, physical controls, audits, and prior incidents. ## Records for a crime review - Cash, inventory, deposit, and funds-transfer procedures - Employee and vendor access controls, dual-authorization practices, and security information - Prior theft, dishonesty, forgery, fraud, or funds-transfer losses and current coverage ## Can CARMA consider this account? CARMA confirms program fit, licensing, state availability, coverage options, and market interest for each account. This guide does not promise eligibility, terms, pricing, or placement. Important insurance and legal information CARMA's website provides general information only. It is not insurance, legal, tax, regulatory, underwriting, safety, risk-management, or claims advice. Nothing on this site is a quote, binder, policy, coverage determination, legal opinion, or promise of eligibility, availability, pricing, terms, limits, or placement. Only an issued policy and its endorsements can provide coverage, and their actual terms, conditions, limitations, and exclusions control. Sending information, following a link, or speaking with CARMA does not bind coverage, change a policy, or create authority to act for an insurer unless an authorized party confirms that authority in writing. Do not rely on this website to report a claim, request a policy change, satisfy a notice requirement, or meet a deadline. Use the instructions in the applicable policy or written communication. Laws, licensing, appetite, carrier participation, and external sources can change, so confirm time-sensitive matters with CARMA, the controlling source, and qualified advisers. [Read the complete website disclaimer](/legal-disclaimer/). [Back to top](#main-content) Continue researching ## Put this subject in the context of the full account. Account-specific review ## Bring CARMA the account. Retail agents, wholesale brokers, and business owners can start with the details they have. [Discuss a crime exposure](https://broker-forms-sandbox.pages.dev/application)[Start a business insurance conversation](/contact/)