COVERDASH POLICY AUTO-RENEWAL AUTHORIZATION

By purchasing a policy through Coverdash, you agree to the Coverdash Policy Auto-Renewal Enrollment Agreement, which authorizes Coverdash to automatically renew your eligible policies and to execute the documents reasonably necessary to do so. You may review the full agreement during the quote process.

Automatic Renewal

The Client consents that Coverdash may automatically renew each policy placed through Coverdash at the end of its term, solely to renew the Client's existing policies and for no other purpose, and authorizes Coverdash to take the steps reasonably necessary to effect that renewal, unless the Client opts out or cancels as provided below. This Agreement applies only to policies for which Coverdash facilitates billing and premium payment.

Renewal Documentation

Where a policy is financed, the premium finance provider may require a new premium finance agreement ("PFA") for each term. The steps reasonably necessary to effect a renewal include, but are not limited to, any PFA, renewal application, or related documentation required by the carrier or premium finance provider to bind the renewed term.

Point of Sale Disclosures

You acknowledge that you have read and understood the Honor Capital Corporation/ETI Premium Finance Agreement (the "Agreement"), and by affixing your electronic signatures below, you hereby authorize and consent to the use of electronic signatures in the execution of this Agreement. You agree that any signatures provided electronically, shall be deemed valid and binding, and you hereby authorize the digital affixing of your signature to said agreements, or otherwise hereby authorize your agent to execute said agreement on your behalf, as allowed by law. The electronic signature shall have the same force and effect as a handwritten signature. You acknowledge that you have the capability to retain records of such signatures in accordance with applicable law and agrees that you shall not contest the validity or enforceability of this Agreement solely because it was executed electronically.

In the event that the insurance policy or policies which the Agreement finances is/are renewed (the "Renewal Policy"), you acknowledge and agree that all terms and conditions of the Agreement (with the exception of any applicable changes in the amount of the premium to be financed, the monthly installment payments, and any other material terms that will be specifically disclosed to you in writing) shall be applicable to any renewal premium financing ("Renewal Financing") with respect to the Renewal Policy and that you agree to be bound by such terms and conditions.

You agree by electronically signing below, you consent to having your electronic signature affixed to any new premium financing agreements pertaining to said Renewal Financing. You further agree that any automatic payment authorization given by you in connection with the Agreement shall continue to be in effect with respect to any Renewal Financing Arrangement, unless otherwise modified or revoked by you via written notice at least thirty (30) days prior to the renewal date. You have the right to receive written confirmation of any such modification or revocation within five (5) business days of receipt by us.

You understand that you will be provided by the Agent, a complete, fully executed copy of all premium finance agreements, including any agreement prepared pursuant to the Renewal Financing Arrangement, described above, in electronic (and physical format if requested), as required by applicable state law. You have the right to request additional copies of these agreements at any time during the term of the Agreement.

Renewal Pricing Conditions

Renewal premiums are set by the insurance carrier and may change from term to term. Coverdash will proceed with automatic renewal where the renewal premium does not increase by more than 20% relative to the expiring term and where no other material terms of coverage change. Where the increase would exceed 20%, or where material coverage terms change, Coverdash will seek the Client's renewed consent before binding the renewal.

Payment

Automatic renewals are charged using the recurring payment authorization the Client provides at purchase, as described in the Auto Pay Enrollment Disclaimer in the Coverdash Terms and Conditions. Where the Client has elected to pay over time through premium financing, renewals continue on that financed basis; where the Client pays in full, renewals are charged in full. The Client is responsible for maintaining a valid payment method on file.

Right to Opt Out or Cancel

The Client may opt out of automatic renewal, or cancel a policy, at any time by logging into your Coverdash Dashboard. The request will take effect after Coverdash has a reasonable period to process it. Opting out may result in coverage lapsing at the end of the current term unless the Client arranges renewal.

No Guarantee of Coverage

Insurance carriers decide whether to offer, renew, or cancel coverage. Nothing in this Agreement obligates any carrier to renew a policy, and Coverdash is not responsible for a carrier's decision to non-renew, cancel, or re-price coverage.

Legal Compliance

The authorizations in this Agreement are provided solely to facilitate renewal of the Client's policies. The Client shall not hold Coverdash liable for a carrier's or premium finance provider's decisions, or for legal issues arising from the renewal actions authorized here.

Governing Law

This Agreement shall be governed by the laws of the State of Delaware, and any dispute arising from it shall be resolved in a court or administrative body of competent jurisdiction in the State of Delaware.

Waiver of Jury Trial

The parties waive any and all right to trial by jury in any legal proceeding arising out of or related to this Agreement or the transactions contemplated herein.

Arbitration

Any claim, dispute or controversy arising from or relating to this Agreement or the relationships that result from it, including the validity or enforceability of this arbitration clause or the entire Agreement, shall be resolved, upon the election of you or us, by binding arbitration pursuant to this provision and AAA Commercial Arbitration Rules. This arbitration agreement is made pursuant to a transaction involving interstate commerce and shall be governed by the Federal Arbitration Act, 9 U.S.C. §§ 1–16. Each party bears its own attorney's fees and costs. THE PARTIES AGREE THAT ANY PARTY MAY ELECT TO RESOLVE ANY CLAIM THROUGH ARBITRATION AND HEREBY WAIVE THEIR RIGHTS TO LITIGATE CLAIMS IN A COURT UPON AN ELECTION OF ARBITRATION.