Charleston Employee Theft Insurance Claims Attorney

Purchased a comprehensive employee dishonesty policy from your insurance company, and then have an employee steal from your company, only to have your claim denied because the insurance company says there was “enough” proof that your employee stole? It may seem like common sense to you, but most thieves don’t leave tracks. Contact us to handle your denial or lowball offer. We have experience in getting the insurance company to pay what you bargained for.

Don’t let insurance companies use lack of evidence as an excuse to deny your rightful claim. At Halversen Law, we specialize in challenging these tactics and fighting for the coverage you paid for. Our team knows how to build strong cases even when direct proof is scarce, ensuring you get the settlement you deserve.

1. What Employee Dishonesty Coverage Includes: This policy typically protects against direct theft of money, securities, or property by your employees, including acts like embezzlement, fraud, or inventory theft. It doesn’t cover indirect losses like data breaches or accounting errors.
2. Common Reasons for Claim Denials: Insurers often deny claims citing “insufficient proof” of theft, exclusions for third-party liabilities, or prior knowledge of an employee’s dishonest acts. If you’ve discovered fraud but lack concrete evidence, companies may lowball or reject outright.
3. Proof Challenges in Theft Claims: Thieves rarely leave obvious trails, but coverage requires demonstrating a direct loss. Use internal audits, surveillance, or forensic accounting to strengthen your case—don’t rely on the insurer’s investigation alone.
4. Coverage Cancellation Triggers: If a company principal learns of an employee’s prior theft or dishonesty, coverage for that individual is automatically canceled. Always report incidents promptly to avoid retroactive denials.
5. Time Limits on Claims: Policies may limit how far back coverage extends for discovered thefts. Understanding your policy’s retroactive dates is crucial to maximizing recovery for ongoing or historical fraud.
6. Fighting Bad Faith Denials: Insurance companies frequently deny valid claims in bad faith. If you’ve been lowballed or rejected, legal experts can challenge these decisions and pursue additional damages for unfair practices.

Ready to fight back? Contact Halversen Law today for a consultation. We’ll review your policy, gather the necessary evidence, and hold your insurer accountable.