What does premises burglary insurance exclude from its coverage?

Premises burglary insurance specifically excludes coverage for money and securities due to the higher risk associated with these items. Insurers recognize that cash and financial instruments are more vulnerable to theft and often subject to different underwriting criteria. Because of this risk profile, policies usually have explicit exclusions for money and securities to control potential losses and liability.

The other options—merchandise, equipment and furniture, and fixtures—are typically covered under premises burglary insurance, as they represent physical assets that businesses need to protect against theft. This policy is designed to safeguard tangible physical property, which is distinct from cash or securities. Understanding these distinctions is crucial for businesses to ensure they have appropriate coverage for all their assets.