Cash-in-Transit & Armored Carrier Insurance
First-party theft and loss coverage for the cash, coin, and securities an armored-carrier or cash-processing business physically moves and holds.
This is an estimate, not a bound policy — a licensed VAB producer confirms final terms before coverage starts. Sgt. Savings can answer questions but can't quote, bind, or guarantee coverage.
An armored-carrier or cash-processing operation is responsible for large volumes of client cash the moment it's picked up, and that responsibility doesn't end until it's delivered or securely stored. Cash-in-Transit & Armored Carrier Insurance covers loss from employee theft, cash moving between locations, and cash your team is handling on-premises or while servicing an ATM or smart safe — with claims tied to the declared value you documented for that shipment.
Who This Is Really For
The ideal buyer.
The ideal buyer is an armored-carrier or cash-processing business that is either standing up client contracts for the first time or expanding an existing book of business into a new service line — most commonly ATM or smart-safe servicing, which puts crews physically handling client cash outside a vault or vehicle for the first time. The trigger is usually contractual: a new banking or retail client's contract requires proof of cash-in-transit and employee-fidelity coverage before the relationship starts, or an insurance renewal surfaces a gap between what the carrier's existing crime policy actually covers and what its day-to-day operations now involve. This buyer already runs manifested shipments and has internal cash-handling procedures in place, which matters because this coverage is priced and claims are paid against declared manifest values — a carrier without disciplined manifest practices isn't positioned to get full value from the policy. What makes this the right fit over a generic commercial crime policy is that it's built around the specific mechanics of the business: cash in a moving vehicle, cash on premises, cash inside a smart safe mid-service call, and the carrier's own employees as a distinct internal risk.
- Armored-carrier companies transporting cash, coin, and securities between businesses, banks, and vaults
- Cash-processing and cash-management operations counting, storing, and servicing client currency
- Businesses that service ATMs or smart safes and are on the hook for the cash inside while they're working on it
- An operation whose own employees have access to large volumes of client cash and needs employee-theft coverage alongside transit coverage
- A carrier that needs coverage on cash held temporarily for safekeeping, not just cash that's actively moving
What It Covers
Coverage, broken down.
Employee Theft & Fidelity
Covers loss from a dishonest act by your own employees, worldwide, protecting the business against internal theft of cash or property in its care.
Cash in Transit
Covers money, securities, and property while it's physically being moved by messenger or armored vehicle, or while it's held in temporary safekeeping.
Armored Carrier Operations
Covers a client's cash while it's in transit, on your premises, or while your team is servicing an ATM or smart safe — plus a sublimit toward legal expenses tied to a covered loss.
Illustrative Scenario — How This Coverage Responds
Illustrative scenario — a theft during an ATM service call
A technician servicing a client's smart safe has cash stolen from the vehicle during the visit. Because the shipment's value was documented on the manifest for that stop, Armored Carrier Operations coverage responds to the loss based on that declared value, rather than the loss falling entirely on the business or its client.
Illustrative example for education only — not a claim outcome or a promise of payment. Every claim depends on the actual policy issued and its terms.
More Than One Way In
More scenarios.
Real coverage doesn't fit one story. Here's who else this shows up for.
The carrier expanding into smart-safe servicing
A regional armored-carrier company that has historically only moved cash between bank branches signs its first contract to service retail smart safes. Before the first service call, the business confirms its coverage extends to cash it's handling on-site during servicing, not just cash physically in transit.
The new client contract requiring proof of coverage
A cash-processing operation is bidding on a large retail chain's business, and the RFP requires documented employee-fidelity and cash-in-transit coverage before a contract can be signed. The operation reviews its manifest practices and coverage limits to make sure they'll actually satisfy what the new client is asking for.
The operation diversifying beyond bank clients
A carrier that built its business moving cash for banks starts adding casino and large retail clients with higher per-shipment values and different handling requirements. The business revisits its declared manifest values and per-shipment limits to make sure they still match the larger cash volumes now moving through its vehicles.
Know The Gaps
What this doesn't cover.
Every policy has limits. Knowing them before you buy is how you avoid a denied claim later.
Accounting or counting shortages with no proof of an actual theft
A cash-count discrepancy alone isn't a covered loss — the policy responds to a provable theft, not a bookkeeping gap.
Contractual penalties or liquidated damages beyond the property's actual value
If your client contract includes penalty clauses, those sit outside this policy — it pays for the lost property, not a contractual fine.
An unattended or unsecured armored vehicle
Leaving a loaded vehicle unattended or unlocked steps outside how this coverage is written — keep to your carrier's security protocol.
Property that was never manifested, or any amount above the declared manifest value
Only the value documented on the manifest for that shipment is covered — undeclared cargo or amounts above what's on paper aren't protected.
Virtual currency of any kind
This is a physical cash-and-property policy — cryptocurrency and other digital assets need entirely separate coverage.
Behind The Quote
What goes into the decision.
What actually moves your price and your approval — no black box.
Typical shipment and manifest values
Since claims are paid strictly against declared manifest value, underwriting looks closely at how much cash typically moves per shipment and per vehicle — accurate, disciplined manifesting practices directly determine what a future claim can recover.
Employee screening and bonding practices
Because employee theft is worldwide and a distinct coverage part from transit loss, how the carrier screens, trains, and monitors staff with cash access is a real factor in how that exposure is priced.
Vehicle security protocols
An unattended or unsecured vehicle is explicitly excluded, so underwriting weighs the carrier's actual field procedures — dual-crew requirements, lock protocols, route discipline — not just what's written in a manual.
Service mix — transit, premises, or ATM/smart-safe servicing
A carrier that only moves cash between vaults has a different exposure profile than one whose crews are also physically handling cash mid-service call at a client site, and that mix shapes how the operations coverage is scoped.
Prior claims or loss history
A history of theft claims, whether internal or in transit, is a meaningful signal to underwriting — disclosing it up front, along with what changed afterward, is more useful than having it surface later.
Getting Covered
How it actually works.
- Document a manifest value for every shipment of cash, coin, or securities you move.
- Employee theft and fidelity coverage runs continuously in the background for internal loss.
- If cash is lost in transit or during a service call, file a claim referencing the manifest for that shipment.
- VAB reimburses based on the declared manifest value on file, not an after-the-fact estimate.
Let's get you covered.
Tell us what you need on Cash-in-Transit & Armored Carrier Insurance — a licensed VAB advisor follows up personally. No bots, no runaround.
Looking for a session that's already scheduled? Browse upcoming webinars.
Availability
Available nationwide. The cash-in-transit and armored-carrier-operations coverage applies within the U.S., its territories, Puerto Rico, and Canada; the employee-theft coverage applies worldwide.
Questions, answered straight
No jargon on cash-in-transit & armored carrier insurance — just what you're actually asking.
Yes — the Employee Theft & Fidelity part covers dishonest acts by your own employees, worldwide, separately from the transit and operations coverage.
A shortage without proof of an actual theft isn't a covered loss — you need evidence of theft, not just a discrepancy between counted and expected cash.
No. This is a physical cash, coin, and securities policy — digital or virtual currency isn't covered under any part of it.
Yes — the Armored Carrier Operations part covers a client's cash while it's on your premises or while your team is servicing an ATM or smart safe, not just while it's physically in transit.
It's the value you document for a shipment before it moves. Claims are paid against that declared value, so an accurate, up-to-date manifest is what makes a claim go smoothly.
Beyond This Coverage
What people in your situation also need.
Equipment Financing
Adding routes or service lines often means adding armored vehicles or secure vault equipment, which finances the same way any specialized business equipment does.
ExploreBusiness Banking
A cash-handling operation needs business accounts built for the volume and cadence of its own client settlements, not a generic small-business account.
ExploreRelated Coverage
Coverage people pair with this.
Digital Asset Protocol Coverage
Liability and loss protection built specifically for DeFi protocols, staking, and validator operations.
Learn moreDigital Asset Custody & Crime Coverage
First-party crime coverage for digital assets and private keys you hold — your own, or your clients'.
Learn moreCyber Liability
Coverage for a data breach, network failure, or cyber extortion — and everything it costs to respond to one.
Learn moreReady to talk it through?
Get a quote in minutes, or ask Sgt. Savings a straight question first — no pressure, no runaround.
Insurance products described on this page are marketed by The Veteran Alliance, a licensed insurance producer, and underwritten by one or more separately licensed insurance companies, which may include Corgi Insurance Company and its affiliates. The insurer that actually underwrites your policy, its licensing status in your state, and any state-required notices will be identified in your quote and policy documents. Coverage, limits, eligibility, and pricing are determined by the underwriting insurer, may vary by state, and may change. Nothing on this page is a quote, an offer of insurance, a binder, or a guarantee of coverage — coverage takes effect only when a policy is issued.