Coverdash vs Heffernan: Commercial Crime Insurance

Coverdash, a broker, describes a fully digital quote-to-purchase process for businesses handling money, payroll or valuable inventory; Heffernan Insurance Brokers arranges third-party-theft crime inside packages for home care, hospice and staffing agencies.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-25

What Are the Key Differences Between Coverdash and Heffernan Insurance Brokers Crime Insurance?

Coverdash offers a broader crime path for businesses that handle money, payroll or inventory; Heffernan documents third-party theft and employee dishonesty only in home-care, home-health and hospice packages. Choose Coverdash if you are outside the home-care market or want a digital quote; choose Heffernan if you run a home-care agency and can start the application 30 days before client work. [3] [6] [6] [3]

How Crime Is Packaged

Coverdash arranges commercial crime as a broker under its standard brokerage terms. Heffernan’s reviewed sources document crime as Crime – Third Party Theft inside packages for home care, home health and hospice, alongside a separate Employee Dishonesty Bond, and do not describe a general commercial crime offering outside that setting. [5] [3] [6]

How You Start a Quote

Coverdash describes a fully digital quote-to-purchase process. Heffernan tells home-care businesses to begin the insurance application process at least 30 days before working with clients and to contact Heffernan for a rate quote, since rates vary by state. [3] [6]

Coverage Descriptions

Coverdash describes employee theft, forged checks and counterfeit currency, funds-transfer fraud and social engineering. Heffernan lists Crime – Third Party Theft and Employee Dishonesty Bond without publishing insuring agreements. [3] [6]

What Should You Confirm in Coverdash and Heffernan Insurance Brokers Crime Insurance Quotes?

  • If you are not a home-care, home-health or hospice operator, Heffernan’s reviewed pages do not describe crime for your industry; Coverdash still markets to money-handlers generally. [6] [3]
  • Get both issuing insurers and any Heffernan bond amount; neither page names the issuer. [6] [3]
  • Compare third-party theft on Heffernan’s package with Coverdash’s employee-theft and social-engineering cards. [6] [3]
  • Ask Coverdash how crime and cyber would coordinate. [4]

Coverdash lists employee theft and funds-transfer perils for businesses handling money; Heffernan documents third-party theft and employee dishonesty only in home-care, home-health and hospice packages.

Sources consulted

  1. 01
    Commercial Insurance Guide

    California Department of Insurance · Crime · accessed 2026-09-16

  2. 02
    Social Engineering Fraud Insurance

    Chubb · Opening; coverage highlights · accessed 2026-09-16

  3. 03
    Commercial Crime Insurance

    Coverdash · Product introduction; Types of Coverage cards for Employee theft, Forgery and fraud, Funds transfer fraud, Social engineering; Who It's For · accessed 2026-09-23

  4. 04
    Coverage Hub

    Coverdash · Cyber & Crime category listing Cyber Insurance, Crime Coverage and Kidnap & Ransom · accessed 2026-09-23

  5. 05
    Terms And Conditions

    Coverdash · "Coverdash does not provide any underwriting services"; broker/agent of record designation · accessed 2026-09-23

  6. 06
    Home Care Business Insurance

    Heffernan Insurance Brokers · Insurance for Home Care Businesses, Home Health, and Hospices: covering all states and agency sizes; 'We offer comprehensive coverage for' list including Crime – Third Party Theft and Employee Dishonesty Bond; Home Care Insurance Cost for Start-ups; practice-leader contacts · accessed 2026-09-23

  7. 07
    Crime Terms and Conditions

    The Travelers Companies, Inc. · I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15 · accessed 2026-09-16

  8. 08
    Crime Non-Financial Applications and Forms

    Travelers · Opening paragraph; Sample Policy Forms · accessed 2026-09-16

  9. 09
    Commercial Crime Coverage Application

    Travelers Casualty and Surety Company of America · I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3 · accessed 2026-09-16

Crime coverage

Coverdash

  • role: Coverdash arranges commercial crime coverage as a broker rather than an insurer, placing coverage with a carrier under its standard brokerage terms. General brokerage terms applied to the crime page; not specific to any one carrier or state.company-reportedSource ↗Source ↗
  • insurer: The commercial crime page does not name the insurer that issues the policy. Reviewed commercial crime page as of 2026-09-23; the page describes coverage without naming a specific carrier.not-disclosedSource ↗
  • coverage: Coverdash describes commercial crime coverage as protecting against employee theft of money, property or assets, forged checks and counterfeit currency, fraudulent funds-transfer instructions, and losses when an employee is tricked by social engineering into sending funds to a bad actor. Product-page coverage cards; the issued policy and declarations control actual wording, limits and exclusions.company-reportedSource ↗
  • coverage: Coverdash's coverage hub lists commercial crime separately from cyber insurance, even though both can respond to funds-transfer fraud and social-engineering losses; the two pages do not state how overlapping claims are coordinated between policies. Comparison of the cyber and crime-coverage product pages; overlap-resolution language was not found on either page.not-foundSource ↗
  • eligibility: Coverdash markets commercial crime coverage to any business that handles money, payroll or valuable inventory. Product-page eligibility description; actual acceptance depends on underwriting.company-reportedSource ↗
  • limits: The commercial crime page does not publish specific limit, retention or deductible amounts. Reviewed commercial crime page as of 2026-09-23; figures are quote-specific and not shown on the public product page.not-disclosedSource ↗
  • application: Coverdash describes a fully digital quote-to-purchase process for commercial crime coverage, with the option to add other coverages alongside it. Product-page company information and cross-sell section.company-reportedSource ↗

Heffernan Insurance Brokers

  • role: Heffernan arranges crime coverage, listed on its site as 'Crime – Third Party Theft,' as part of the insurance packages it builds for home care, home health and hospice businesses. This record only documents crime coverage in that home-care context; the reviewed sources do not describe a general commercial crime offering outside home care. Home Care Business Insurance page's coverage list.company-reportedSource ↗
  • eligibility: Heffernan markets this crime coverage to home health care and in-home health care providers, hospices, staffing agencies and registries, infusion therapy providers and personal care assistants, and says its home care programs cover all states and agency sizes. Home Care Business Insurance page's client-type and coverage-area descriptions; 'all states' is a company statement, not independently verified state-by-state licensing.company-reportedSource ↗
  • coverage: Heffernan lists 'Crime – Third Party Theft' and a separate 'Employee Dishonesty Bond' among the coverages in its home care package, alongside workers' compensation, general and professional liability, and cyber and identity theft coverage. Home Care Business Insurance page's coverage list; specific insuring agreements, exclusions and endorsements for the crime coverage are not published there.company-reportedSource ↗
  • services: Heffernan says its home care insurance specialists can walk clients through coverage and premium options, and it names a dedicated Home Care Practice Leader and regional practice leaders as points of contact. Home Care Business Insurance page's workers'-compensation guidance and practice-leader contact sections.company-reportedSource ↗
  • application: Heffernan tells home care businesses to begin the insurance application process at least 30 days before working with clients and to contact Heffernan for a free rate quote, since rates vary by state. Home Care Business Insurance page's cost-and-timing section.company-reportedSource ↗
  • limits: The home care page does not publish specific limits or bond amounts for the crime or employee dishonesty coverage; it discusses only general cost ranges for the overall home care insurance package. Checked the Home Care Business Insurance page on 2026-09-23.not-disclosedSource ↗
  • insurer: The home care page does not name the insurer that would issue the crime or employee dishonesty coverage. Checked the Home Care Business Insurance page on 2026-09-23. The issuing insurer would appear on the quote and declarations.not-disclosedSource ↗

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