Forgery coverage, also known as document fraud coverage, protects policyholders from losses resulting from the falsification of documents or signatures that may lead to dishonest transactions.

This crime can embrace, for example, counterfeit checks, fraudulent bank transfers, identity theft or the submission of falsified claim documents to the insurance company.

This coverage is typically included as part of a commercial property and liability insurance policy. It serves to mitigate the financial risks associated with fraudulent activities and provides compensation for losses suffered as a result of forgery.

In the event of an incident, it is advisable to consult a fraud specialist and gather evidence of the false documents or signatures. A legal instrument such as a police report or expert opinion may be required to support the claim. It is important to note that the determination of forgery may vary based on common law principles and the terms of the insurance policy.

Carefully reviewing the policy is essential to understand the coverage’s scope, limitations, and the specific procedures for filing a claim related to forgery incidents.