Theft or Vandalism Damage?
August 29, 2016
Applicable policy is a CP 00 10 10 91, Special Cause of Loss form. It is endorsed with a Theft Exclusion, CP 10 33 11 85. The insured's building was broken into and the floor safe was sledgehammered. The point of sale cash register was also pried open and the telephone lines were cut and the surveillance cameras damaged. We have issued partial denial for cash stolen and anything related to the business personal property damaged as result of the theft, but the insured feels damage to the point of sale system cash register and cameras that were damaged in the course of the theft should be covered, as the insured considers that damage vandalism.
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