Coverdash vs Techinsurance: Fidelity Bonds

Coverdash arranges fidelity bonds through outside carriers using a digital quote-to-purchase process. TechInsurance arranges commercial fidelity bonds online and does not name a specific insurer on its reviewed page.

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

Crime coverage

Coverdash

  • role: Coverdash arranges fidelity bonds as a broker rather than an insurer, placing coverage with a carrier under its standard brokerage terms. General brokerage terms applied to the fidelity-bonds card on the surety-bond page; not specific to any one carrier or state.company-reportedSource ↗Source ↗
  • coverage: Coverdash's surety-bond page describes fidelity bonds in a single line as protecting clients against loss from employee dishonesty; it does not have a dedicated fidelity-bond product page. One catalog card on the surety-bond page, not a full product description. Fidelity bonds are a distinct crime-type coverage rather than a three-party surety guarantee, even though Coverdash lists them on the same page as its surety bonds.company-reportedSource ↗
  • insurer: The surety-bond page does not name the insurer that issues fidelity bonds. Reviewed surety-bond page as of 2026-09-23; the page describes coverage without naming a specific carrier.not-disclosedSource ↗
  • eligibility: The surety-bond page's eligibility description (contractors, licensed trades and businesses bidding on contracts) is written for surety bonds generally and does not separately describe who needs a fidelity bond specifically. Page-level eligibility text is shared across all four bond types on the page; it was not written specifically for employee-dishonesty coverage.not-foundSource ↗
  • limits: The surety-bond page does not publish specific limit or bond-amount figures for fidelity bonds. Reviewed surety-bond page as of 2026-09-23; figures are quote-specific and not shown on the public page.not-disclosedSource ↗
  • application: Coverdash describes a fully digital quote-to-purchase process on its surety-bond page, which includes the fidelity-bond option among its four bond types. Product-page company information and cross-sell section.company-reportedSource ↗

TechInsurance

  • role: TechInsurance arranges fidelity bonds, describing them as a type of commercial crime insurance and a type of surety bond, distinct from a traditional insurance policy in that the bonding company can seek repayment from the employee responsible for a dishonest act. Fidelity bonds product page.company-reportedSource ↗
  • insurer: The reviewed page does not name a specific surety or insurer for a standard fidelity bond, though it says an ERISA fidelity bond specifically must be purchased from a surety company authorized by the U.S. Department of the Treasury. Fidelity bonds product page as read on 2026-09-23.company-reportedSource ↗
  • coverage: TechInsurance says fidelity bonds cover employee fraud, theft, forgery and embezzlement against the business or its clients, and distinguishes first-party bonds (protecting the business itself) from third-party bonds (protecting clients), plus employee dishonesty, business service, janitorial and ERISA bond variants. Fidelity bonds product page; general policy description, not a specific bond form.company-reportedSource ↗
  • eligibility: TechInsurance targets fidelity bonds at businesses whose employees handle sensitive financial information or access client property unsupervised, naming web hosting, project management, cleaning, healthcare and security-guard companies as example segments. Fidelity bonds product page, Who should get fidelity bonds? section.company-reportedSource ↗
  • limits: TechInsurance says fidelity bond costs vary widely and are typically calculated based on the total bond amount, with underwriting factors including bond type and size, industry risk, number of employees with sensitive-data access, and credit score; it does not publish a median premium for this line as it does for some other policies. Fidelity bonds product page, How much do fidelity bonds cost? section.company-reportedSource ↗
  • application: You request fidelity bond quotes online through a short application; TechInsurance says its licensed agents can help add fidelity bonds to a broader coverage package. Fidelity bonds product page.company-reportedSource ↗

What Are the Key Differences Between Coverdash and TechInsurance Fidelity Bonds?

General Option or Specific Bond Types

Coverdash describes fidelity as a bond protecting against employee dishonesty. TechInsurance names first-party and third-party bonds, employee dishonesty, janitorial, business-service and ERISA options and takes applications online. Choose Coverdash if a general employee-dishonesty bond meets your need; choose TechInsurance if you need to compare specific first-party, third-party or ERISA options. [1] [4]

Who Each Firm Says Should Buy

Coverdash’s reviewed surety page does not separately describe who needs a fidelity bond; the eligibility copy on that page is written for surety bonds generally. TechInsurance aims the product at businesses whose employees handle sensitive financial information or access client property unsupervised, naming examples such as web hosting, project management, cleaning, healthcare and security-guard companies. [1] [4]

Online Quote and Who Issues the Bond

Coverdash describes a fully digital quote-to-purchase process that includes fidelity among four bond types. TechInsurance uses a short online application and says licensed agents can help add fidelity bonds to a broader coverage package. Coverdash’s page does not name an insurer. TechInsurance’s reviewed page does not name a surety for a standard bond, but says an ERISA fidelity bond must come from a surety authorized by the U.S. Department of the Treasury. [1] [4]

What Should You Confirm in Coverdash and TechInsurance Fidelity Bonds Quotes?

  • Ask Coverdash which carrier would issue the bond and what the employee-dishonesty wording actually covers. [1]
  • Ask TechInsurance which bond variant is on the quote and, for ERISA, which Treasury-authorized surety would issue it. [4]
  • Compare bond amounts and pricing factors; Coverdash publishes none, and TechInsurance says cost is typically calculated from the total bond amount, type, industry risk, employee access and credit score. [1] [4]
  • Ask TechInsurance whether the bond would be added to a broader package; Coverdash’s surety page includes fidelity among four bond types in the same digital flow. [4] [1]

Coverdash gives a one-line employee-dishonesty bond description; TechInsurance details first- and third-party, janitorial and ERISA bond options in its online application.

Sources consulted

  1. 01
    Surety Bonds

    Coverdash · Types of Coverage card 04, Fidelity bonds: "Protect clients against loss from employee dishonesty" · accessed 2026-09-23

  2. 02
    Terms And Conditions

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

  3. 03
    Glossary of Insurance Terms

    National Association of Insurance Commissioners · Fidelity; Surety Bond · accessed 2026-09-16

  4. 04
    Fidelity Bonds – Quotes Online

    TechInsurance · What do fidelity bonds cover? (fraud, theft, forgery, embezzlement, employee benefits theft/ERISA); What is the difference between first-party and third-party fidelity bonds?; What are the different kinds of fidelity bonds?; How much do fidelity bonds cost?; What is the difference between commercial crime insurance and a fidelity bond? · accessed 2026-09-23

  5. 05
    Crime Terms and Conditions

    Travelers Casualty and Surety Company of America · I.A.1–3 p.1; III.S pp.8–9; V.B.1–2 pp.18–20; CRI consideration p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; IV.L p.15 · accessed 2026-09-16

  6. 06
    Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements

    U.S. Department of Labor, Employee Benefits Security Administration · Q1–Q3 pp.2–3; Q2 pp.2–3 · accessed 2026-09-16

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