What Are the Key Differences Between Coverdash and Embroker Crime Insurance?
Coverdash lists employee theft, forged checks, counterfeit currency, fraudulent transfers and social-engineering losses for money-handling businesses. Embroker excludes income loss, indirect loss, crimes coordinated by executives or partners, and some stolen-data losses. Choose Coverdash if you want a digital crime purchase; choose Embroker if you need a standalone policy or BOP/D&O add-on and can accept its exclusions. [3] [6] [6] [3]
Digital Quote-to-Purchase Versus a General Quote Link
Coverdash describes a fully digital quote-to-purchase process for commercial crime. Embroker’s reviewed crime page does not describe a dedicated online quote flow; it directs buyers to a general Get a Quote link. [3] [6]
Brokered Placement Versus Standalone or Endorsement
Coverdash arranges commercial crime as a broker rather than an insurer. Embroker sells commercial crime as a standalone policy and says smaller businesses sometimes add crime as an endorsement to a BOP or directors and officers policy. [5] [3] [6]
What Each Lists as Covered
Coverdash describes employee theft, forged checks and counterfeit currency, fraudulent funds-transfer instructions, and social-engineering losses. Embroker lists employee theft including shoplifting and larceny, third-party theft, forgery, digital fraud, money laundering, counterfeit currency and social-engineering fraud. [3] [6]
Who Each Names as More Exposed
Coverdash markets commercial crime to any business that handles money, payroll or valuable inventory. Embroker points to businesses that hire part-time staff, handle cash, manage inventory or expensive equipment, or handle customer data and digital transactions. [3] [6]
What Should You Confirm in Coverdash and Embroker Crime Insurance Quotes?
- Ask Embroker whether crime is standalone or a BOP or D&O endorsement, and whether its listed exclusions apply. [6]
- Get Coverdash’s issuing carrier and limit; Embroker does not publish standard crime limits. [3] [6]
- Confirm whether money-laundering and third-party theft on Embroker’s list appear on Coverdash’s placed form. [6] [3]
- Ask Coverdash how crime and cyber would coordinate on funds-transfer fraud. [4]