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As a business owner, you've poured your heart and soul into building your company's reputation. But have you considered how quickly that could unravel due to a lawsuit or claim against your professional services? Professional liability insurance, also known as errors and omissions (E&O) coverage, is a critical safeguard that can protect your business from the potentially devastating financial impact of alleged mistakes or negligence. While you strive to deliver excellent work, even the most diligent professionals can face legal action. This specialized insurance coverage can shield your assets and allow you to operate with confidence, knowing you're prepared for the unexpected. Understanding Professional Liability Insurance Professional Liability Insurance, or E&O coverage, is designed to protect businesses that provide professional services or advice. This policy safeguards your company from financial losses due to claims of negligence, mistakes, or failure to perform professional duties. Key components of Professional Liability Insurance typically include: * Legal defense costs * Settlements or judgments * Alleged or actual negligence * Copyright infringement claims * Personal injury (e.g., libel or slander) How it Differs from General Liability Unlike General Liability Insurance, which covers bodily injury and property damage, Professional Liability focuses on financial losses resulting from your professional services. This coverage is particularly important for businesses in fields like consulting, law, accounting, and healthcare, where advice and expertise are central to the services provided. Even if you're not at fault, defending against a claim can be costly. Professional Liability Insurance ensures you're protected, allowing you to focus on what matters most – running your business with confidence. Why Your Business Needs Professional Liability Coverage Safeguarding Against Costly Lawsuits Even a baseless claim can lead to significant legal fees and potentially devastating payouts. Professional Liability Insurance covers these expenses, protecting your business from financial ruin. Maintaining Client Trust Having this coverage demonstrates your commitment to quality service and reassures clients that you're prepared to make things right if something goes wrong. This can enhance your professional reputation and give you a competitive edge. Meeting Industry Requirements Many industries require professional liability insurance. For example, healthcare providers need malpractice insurance, while IT consultants often need technology E&O coverage. Ensuring you have the right protection keeps you compliant and competitive. Enjoying Peace of Mind With Professional Liability Insurance, you can focus on growing your business without constant worry about potential lawsuits. This peace of mind allows you to take calculated risks and innovate in your field. Conclusion In today's litigious business environment, professional liability insurance is not just a luxury—it's a necessity for many companies. By protecting your business against claims of negligence, errors, or omissions, this coverage can be the difference between weathering a legal storm and facing financial ruin. Coverdash can help you secure the Professional Liability coverage your business needs to thrive. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized solutions at the best possible price. Get your free quote today and ensure your business has the protection it requires to succeed.

We're thrilled to announce our new partnership with Swyft Filings, a leading provider of corporate formation services. As a one-stop-shop for business incorporation and management, Swyft Filings has assisted in the formation of hundreds of thousands of LLCs and corporations, equipping entrepreneurs with the tools and resources they need to get their business off the ground and manage it effectively. The best time to ensure your business is protected is right after you've completed the necessary paperwork to get up and running. Coverdash's embedded insurance solution now integrates directly into Swyft Filings' seamless incorporation flow, enabling newly formed businesses to instantly obtain tailored coverage while they complete their formation process - all with the click of a single button. This provides business owners with the necessary protection against risks they may face from day one. Small businesses face a myriad of risks, from lawsuits to unexpected accidents and disasters. In fact, 53% of small businesses face litigation each year. Yet, nearly 30% remain uninsured, leaving them vulnerable to financial turmoil that could disrupt operations. Business insurance is an essential safeguard, protecting companies from the legal and financial pitfalls that threaten their livelihood. Through our partnership with Swyft Filings, entrepreneurs can now easily obtain a comprehensive suite of tailored commercial insurance coverage alongside their incorporation and business services. Swyft Filings users can source essential policies like general liability, business owner's policies, workers' compensation, cyber liability, professional liability, and more - all within the same platform they use to form and operate their company. Additionally, users can now seamlessly manage their coverage and download Certificates of Insurance (COIs) directly from the Swyft Filings dashboard. Checking off business insurance requirements is the natural next step post-formation, and Coverdash's embedded insurance technology allows new businesses to protect themselves from the start with industry-leading pricing and coverage options. This powerful integration empowers entrepreneurs to secure the essential protection their business needs from the very beginning of their journey. Together with Swyft Filings, we're helping small businesses get up on their feet so that they can focus on taking those crucial first steps towards growth and success. By seamlessly combining incorporation and insurance, we're providing a comprehensive solution to support entrepreneurs as they launch and grow their enterprises. About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Swyft Filings At Swyft Filings, we believe starting a business should be simple. That’s why we created an easy, fast, and affordable way for entrepreneurs to form their LLC, C Corp, S Corp, or Nonprofit. Since 2015, we’ve helped over 300,000 businesses get up and running without the hassle of complex paperwork or high legal fees. Our automated filing service, backed by a knowledgeable team, takes care of the details so you can focus on what matters—growing your business. Disclaimer: Swyft Filings is a document filing service and does not provide legal advice. You should consult with an attorney if you seek specific legal guidance regarding business formation.

As a restaurant owner, you've poured your heart and soul into creating a thriving business. But have you considered the risks that could jeopardize everything you've built? From kitchen fires to customer injuries, the restaurant industry faces unique challenges that demand comprehensive protection. Business insurance isn't just a smart choice—it's often a necessity for lease agreements and legal compliance. The Importance of Business Insurance for Restaurants Protecting your livelihood is paramount. In the fast-paced world of restaurant ownership, business insurance isn't just a prudent choice—it's often a necessity. Many landlords require proof of insurance before leasing space, and some states mandate specific coverage types. But beyond meeting requirements, comprehensive insurance safeguards your investment and hard work. Shielding Your Assets A Business Owner's Policy (BOP) is the cornerstone of restaurant insurance. This package combines property and liability coverage, protecting your physical assets—from kitchen equipment to dining room furnishings—against damage or theft. It also shields you from common liability risks, such as customer injuries on your premises. Complying with Legal Requirements Workers' compensation insurance is mandatory in most states for businesses with employees. This coverage protects both you and your staff, providing financial support for work-related injuries or illnesses. Failing to carry workers' comp can result in hefty fines and legal troubles. Securing Your Operations Beyond the basics, restaurants face unique risks. Food spoilage insurance can reimburse you for inventory losses due to power outages or equipment breakdowns. Liquor liability coverage is crucial if you serve alcohol, protecting against claims related to intoxicated patrons. By tailoring your insurance portfolio to your specific needs, you're not just meeting obligations—you're ensuring your restaurant can weather unexpected storms and continue serving delicious meals for years to come. Essential Coverages for Restaurants * Property Protection: A comprehensive Business Owner's Policy (BOP) is crucial, typically including property insurance to protect your building, equipment, and inventory. * Liability Safeguards: General liability insurance is a must-have, shielding you from claims related to customer injuries or property damage. For restaurants, it's wise to add product liability coverage, which protects against food-borne illness claims. * Workers' Compensation: Most states mandate this coverage, which protects your employees in case of work-related injuries or illnesses. * Business Interruption Insurance: Consider adding this coverage to your policy to help cover lost income and ongoing expenses if your restaurant must temporarily close due to a covered event. * Cyber Insurance: In today's digital landscape, this insurance can help safeguard your restaurant against data breaches, cyber attacks, and other technology-related risks. Understanding a Business Owners Policy (BOP) for Restaurants A BOP is a cornerstone of restaurant insurance, providing comprehensive coverage tailored to the unique needs of food service establishments. This policy combines several essential protections into one package, offering both convenience and cost-effectiveness for restaurant owners. Why Workers' Compensation Insurance is a Must It's a legal necessity in most states, protecting both your business and your employees. Without proper coverage, your restaurant could face significant financial strain. By investing in workers' comp, you're creating a safer, more secure work environment and demonstrating your commitment to your staff's well-being. Conclusion Comprehensive business insurance safeguards your restaurant against unforeseen risks, ensuring continuity in the face of adversity. From meeting lease requirements to shielding your property and employees, the right coverage is essential. By investing in proper insurance, you not only comply with legal obligations but also secure peace of mind. Don't wait until an incident occurs to recognize the value of proper insurance protection. Coverdash can help you secure the coverage your business needs to thrive. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized solutions at the best possible price. Get your free quote today and ensure your restaurant has the protection it requires to succeed.

As a business owner, you have a legal obligation to protect your employees. At the core of this responsibility is Workers' Compensation insurance - a coverage that not only safeguards your workforce but also shields your company from significant financial and legal risks. Meeting the Legal Mandate for Workers' Compensation In most states, businesses with employees are legally required to carry Workers' Compensation insurance. Failure to comply can result in severe penalties, including hefty fines, stop-work orders, and even criminal charges. Maintaining the proper coverage is not just a best practice - it's an essential element of operating a compliant business. Beyond Legal Compliance While meeting state regulations is critical, Workers' Compensation insurance offers far-reaching benefits that go beyond mere legal obligations. This coverage: * Ensures your workers receive prompt medical care and lost wage replacement after a workplace injury or illness * Protects your business from costly lawsuits related to on-the-job accidents * Demonstrates your commitment to employee well-being, aiding talent attraction and retention Comprehensive Protection for Your Workforce and Business Workers' Compensation insurance shields your company from a wide range of workplace risks, including: * Occupational injuries and illnesses * Permanent disabilities resulting from job-related incidents * Fatalities occurring on the job By having this coverage in place, you're providing your employees with peace of mind while also safeguarding your own financial stability and business continuity. Choosing the Right Workers' Compensation Policy When selecting a Workers' Compensation insurance plan, be sure to consider: * Your industry's unique risk factors and required coverage levels * Applicable state regulations and compliance standards * Your company's safety programs and risk management strategies * The financial strength and claims handling capabilities of potential insurers Don't Wait Until It's Too Late As a responsible business owner, you can't afford to overlook the legal requirements and strategic importance of Workers' Compensation insurance. Failing to have the proper coverage in place can expose your company to significant risks, liabilities, and operational disruptions. Partner with Coverdash to secure the Workers' Compensation protection your business needs. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized, cost-effective solutions tailored to your specific requirements. Get your free quote today and ensure your workforce and company are safeguarded against the unexpected.

As a new business owner, you've poured your heart and soul into launching your venture. But have you considered how to protect it from unforeseen risks? General Liability insurance is a crucial safeguard for your fledgling enterprise, shielding you from potentially devastating financial losses. This type of coverage not only protects against common business risks but also opens doors to essential opportunities. From securing loans to leasing commercial space, proof of insurance is often a requirement for critical business transactions. In this blog post, you'll discover why General Liability insurance is indispensable for your new business and how it can pave the way for your company's growth and success. Protection Against Common Business Risks General liability insurance covers various scenarios, including customer injuries on your premises, property damage caused by your operations, and even legal costs for defending against lawsuits. By having this coverage, you're protecting both your assets from potential financial losses that could otherwise cripple your new venture. Demonstrating Business Maturity Beyond financial protection, general liability insurance serves as a signal of your business's responsibility and maturity. Many stakeholders, including customers, landlords, and lenders, view this coverage as a mark of professionalism. It demonstrates that you're prepared to handle potential risks, which can be particularly important for new businesses seeking to establish credibility in the market. Key Coverages Provided by General Liability Insurance * Bodily Injury Protection: This coverage helps shield your business from costs associated with injuries that occur on your premises or as a result of your operations. * Property Damage Coverage: If your business operations cause damage to someone else's property, this aspect of general liability insurance can help cover the costs of repairs or replacements. * Personal and Advertising Injury: This coverage protects against claims of libel, slander, and copyright infringement, which is particularly important for businesses with a strong online presence or those engaged in marketing and advertising activities. * Legal Defense and Settlements: Perhaps one of the most valuable aspects of general liability insurance is its provision for legal defense costs and potential settlements, which can be essential for protecting your business's financial stability. When Proof of General Liability Insurance is Required * Contractual Obligations: Many clients, especially larger corporations, will insist on seeing a Certificate of Insurance (COI) before engaging your services. This document verifies your coverage and protects both parties from potential financial risks. * Leasing Commercial Space: When seeking to rent office or retail space, landlords typically require tenants to have General Liability Insurance. This coverage demonstrates your business's responsibility and protects the property owner from potential lawsuits arising from incidents on their premises. * Securing Business Loans: Financial institutions often view General Liability Insurance as a sign of a mature, responsible business. Having this coverage can make your business a more attractive candidate when applying for loans or lines of credit, and in some instances, it may even be a requirement to secure a loan. Choosing the Right Policy When selecting a general liability insurance policy, consider: * Industry-specific risks and appropriate coverage limits * Additional endorsements that might be necessary for your specific operations * The policy's coverage territory and whether it matches your business operations footprint Conclusion: Safeguard Your Business's Future with General Liability Insurance As a new business owner, your primary focus is on driving growth and realizing your vision for success. However, it's essential to also protect your venture with the right general liability insurance coverage. From customer injuries and property damage to advertising mishaps and legal challenges, a range of risks could significantly impact your ability to operate and expand. The right general liability policy not only provides vital financial protection but also demonstrates your business's commitment to responsible operations and professionalism. By investing in this coverage today, you're not merely safeguarding your assets—you're laying the foundation for sustainable growth and establishing credibility with stakeholders, clients, and partners. Don't wait until an incident occurs to recognize the value of proper insurance protection. Coverdash can help you secure the coverage your business needs to thrive. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized general liability solutions at the best possible price. Get your free quote today and ensure your venture has the protection it requires to succeed.

We're excited to announce Coverdash's new partnership with Viably, a leading banking and financial services platform built for eCommerce businesses. Through this integration, Viably customers can now acquire tailored commercial insurance coverage directly within the Viably platform. Viably provides eCommerce sellers with a comprehensive suite of financial services and tools to scale their businesses – including continuous working capital, global accounts, cards, cross-border payments, and  profitability analysis tools. Their platform simplifies the complexity of running an eCommerce business, empowering business owners to focus on growth and revenue. Coverdash's embedded insurance technology allows Viably to offer the essential commercial insurance policies needed to operate an online business – including general liability, professional liability, cyber liability, and other key coverages. By handling insurance alongside their other financial management tools in Viably, eCommerce merchants can conveniently protect their business from risks while potentially saving up to 30% on premiums. An estimated 75% of small businesses in the US are underinsured. Coverdash and Viably are working together to change that, empowering online sellers with the coverage they need to operate confidently and build creditworthiness. With Coverdash's access to 30+ top commercial insurance carriers, Viably customers receive competitive rates and streamlined purchasing. This partnership brings much-needed simplicity to eCommerce business management. Running an online business is challenging enough – let Coverdash and Viably handle your insurance needs within the same platform you use to manage your working capital, banking, accounting, and other financial operations. About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Viably At Viably, our vision is to empower sellers to scale and build the global empire of their dreams. By offering a comprehensive suite of services—including working capital, payments, global banking, cards, spend management, and profit analytics—we provide a seamless all-in-one solution that saves time, ensures access to continuous capital, and simplifies day-to-day operations. We are committed to revolutionizing how ecommerce sellers manage their finances and scale their businesses. For more information, visit https://www.runviably.com. 

NEW YORK – Coverdash, the fastest growing startup and SMB-focused insurtech broker, and LendingTree, the nation’s leading online financial marketplace, today announced a partnership to provide LendingTree customers with access to business insurance for the very first time. This strategic collaboration expands LendingTree’s suite of financial products for small to medium-sized businesses (SMBs), providing them with an efficient and streamlined way to obtain business insurance and fulfill financial requirements. Coverdash’s fully embedded insurance offering provides business insurance to LendingTree customers without ever having to leave the platform. This partnership marks an important step in LendingTree’s evolution by expanding its services for small businesses beyond loans and financial products to now include comprehensive insurance solutions. A study by the Federal Reserve Bank found that businesses that demonstrated lower risk profiles – which includes carrying insurance – were 25% more likely to be approved for loans compared to higher-risk businesses. By integrating Coverdash’s business insurance offering, LendingTree not only enhances its own platform but also empowers small businesses to reduce their risk profile, increasing their chances of securing a loan and supporting their long-term growth. “LendingTree’s legacy in financial services is unmatched, and we’re incredibly proud to have our embedded experience power their expansion into business insurance,” said Ralph Betesh, Co-Founder and CEO of Coverdash. “Meeting financial requirements while starting a business is complex – our partnership lets business owners easily access trusted resources in one place at every stage of their company’s life cycle.” The integration removes traditional barriers to acquiring business insurance and simplifies the process for business owners, helping them manage risk and protect their operations. Coverdash’s embedded technology enables SMBs to access instant quotes from the nation’s most recognized carriers, allowing them to compare and purchase policies that meet their specific needs. These coverage options include General Liability, Workers' Compensation, Business Owners Policy, Cyber Insurance and more. Coverdash empowers partners like LendingTree to increase customer engagement, boost revenue, and reduce customer acquisition costs by offering business insurance as an additional product. “We’ve always played an integral role in helping small businesses get off the ground with our loans and financing programs, so offering business insurance was the natural next step,” said Jenn Ash, General Manager, Small Business & Student Loans at LendingTree. “This partnership with Coverdash deepens our commitment to supporting our customers' growth, reinforcing our position as their trusted, long-term partner for all of their financial services needs." Coverdash and LendingTree are on a dedicated mission to help small and medium-sized businesses succeed by simplifying financial solutions. Together, they are not only providing an innovative and frictionless experience for securing essential coverage but also empowering small business owners to focus on what they do best – growing their businesses with confidence. About Coverdash Founded in 2022, Coverdash is a fully-digital business insurance agency committed to transforming the business insurance process for startups and small businesses. Coverdash's revolutionary embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash serves SMBs and startups from concept all the way to Series D+. The company is headquartered in New York and is a licensed insurance agency across all 50 states. For more information, visit www.coverdash.com. About LendingTree LendingTree (NASDAQ: TREE) is one of the nation's largest and most experienced online financial platforms, created to empower consumers and businesses alike to win financially. LendingTree provides customers with access to a broad range of financial products—including loans, credit cards, insurance, and more—through its network of over 600 financial partners. Since its founding, LendingTree has helped over 120 million customers obtain financing, save money, and improve their financial health. For more information, visit www.lendingtree.com. MEDIA CONTACT Bianca Roses: bianca@rosespr.com

We’re thrilled to announce our partnership with Bizee, the one-stop-shop for business incorporation that has assisted in the formation of over 1 million LLCs. Bizee has all the services, tools, and resources you need to get you started on your entrepreneurial journey today. The best time to insure your business is right after you've completed the necessary paperwork to get up and running. Coverdash’s embedded insurance solution enables newly formed businesses to obtain coverage as soon as they complete their incorporation paperwork, providing protection against the risks that many businesses face from the very beginning. While 53% of small businesses face litigation each year, nearly 30% remain uninsured. Business insurance is an essential buffer, protecting companies from legal and financial risks that could otherwise disrupt operations. Bizee users can now source insurance tailored specifically for their needs on the same platform they already use for their incorporation services. Additionally, Bizee users can manage their coverage and download Certificates of Insurance (COI’s) directly within the platform. Checking off business insurance requirements is the natural next step post formation; Coverdash’s embedded insurance technology allows new business to protect themselves from the start with industry-leading pricing.  Together with Bizee, we’re helping small businesses get up on their feet so that they can focus on taking the first steps. About Coverdash Coverdash is a fully digital business insurance agency dedicated to supporting businesses of all shapes and sizes. Our embedded technology allows partners to host our complete insurance experience with just a single line of code. Headquartered in New York, Coverdash is licensed to provide insurance solutions in all 50 states. Interested in partnering with Coverdash? Learn more at: https://www.coverdash.com/partner About Bizee Bizee empowers entrepreneurs with the essential tools to start, grow, and manage their businesses confidently. Founded by entrepreneurs for entrepreneurs, Bizee simplifies the journey from formation to compliance, offering clear, affordable packages with no hidden fees. From LLC formations and registered agent services to ongoing compliance and business management tools, Bizee is designed to meet the unique needs of today’s business owners.

Coverdash is thrilled to announce our partnership with Kapitus, bringing a fully embedded business insurance experience to their customers. Kapitus offers small business owners access to flexible financing options that help them manage and grow their businesses. Through their wide range of fast and affordable business loans, Kapitus empowers entrepreneurs with the capital they need to achieve their goals, making it easier to navigate the challenges of running a business. By simplifying access to funding, they provide the financial support necessary for businesses to thrive. Thanks to Coverdash’s embedded technology, Kapitus now offers a comprehensive suite of business insurance products, seamlessly integrated into their platform. This partnership ensures that businesses using Kapitus can now secure tailored coverage at competitive rates, sourced from over 30 of the country’s leading commercial insurance carriers. With nearly 75% of small businesses in the United States estimated to be underinsured, Coverdash and Kapitus are joining forces to help safeguard your business from unexpected risks. This collaboration not only helps to enhance creditworthiness but also delivers peace of mind, enabling business owners to focus on what matters most—running and growing their companies. Owning a business is challenging enough. With Coverdash’s embedded insurance solutions available directly on the Kapitus platform, managing insurance is now as simple as handling your finances. About Coverdash Coverdash is a fully digital business insurance agency dedicated to supporting businesses of all shapes and sizes. Our embedded technology allows partners to host our complete insurance experience with just a single line of code. Headquartered in New York, Coverdash is licensed to provide insurance solutions in all 50 states. Interested in partnering with Coverdash? Learn more at: https://www.coverdash.com/partner About Kapitus Kapitus is a leader in small business financing, offering innovative loan products and financial solutions that help businesses grow and succeed. By providing rapid access to capital and tailored financing options, Kapitus supports entrepreneurs at every stage of their journey. Kapitus is dedicated to empowering SMB owners with the tools they need to focus on what they do best—running their businesses.