Welcome to the Coverdash insurance blog. Here you’ll find valuable articles tailored to your business needs, so you can be ready in a dash for whatever comes next.

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Coverdash and 1840 & Co. Forge Embedded Partnership to Simplify Coverage for Startups, Business Owners, and Freelancers

Today, Coverdash the leading embedded insurtech specializing in business insurance, and 1840 & Company, a leading global platform for human capital and freelance talent solutions, announced a strategic partnership to revolutionize the way businesses, startups, and freelancers protect their professional assets, projects, and services. A Broad Range of Tailored Insurance Solutions By leveraging Coverdash's cutting-edge embedded insurance experience, participants in 1840 & Co.'s marketplace, including freelancers and rapidly growing companies seeking to hire top talent, now have access to the comprehensive business insurance coverage necessary to protect both clients and freelancers from potential liabilities and risks. This includes General Liability, Professional Liability, Business Owner’s Policy, Worker’s Compensation, Cyber Insurance, and Management Liability. This groundbreaking collaboration ensures that businesses and freelancers can operate with confidence, knowing they are adequately covered in an ever-evolving professional landscape. Innovative Approach for Businesses & Freelancers Coverdash's relationships with many of the world’s most recognized insurers, combined with 1840's innovative approach to talent acquisition and business growth, ensures that both businesses and freelancers have access to insurance solutions uniquely suited to their needs. Coverdash’s insurance offerings are designed to provide robust protection for small businesses, larger corporations, or individual freelancers who are not yet incorporated. Effortless Process for Instant Coverage Obtaining coverage is now a smooth and hassle-free journey for 1840 customers and freelance market participants comprising of three straightforward steps: Step 1: Fill out a form with key details about your business or freelance services. Step 2: Based on your needs, you’ll be provided with a set of quotes for a range of customized insurance products. Step 3: Complete the checkout process and obtain instant access to your policy documents and certificates of insurance. “1840’s partnership with Coverdash is a testament to our dedication to providing our clients with comprehensive solutions for every aspect of their business,” states Bryan DiGiorgio, CEO and founder of 1840 & Company. “Not only do we help you hire and manage the best remote talent, but we also ensure that you’re protected with tailored insurance solutions.” "We are thrilled to partner with 1840 & Co. in revolutionizing the way businesses and freelancers protect their professional assets," says Ralph Betesh, CEO and co-founder of Coverdash. “This partnership showcases our agility and commitment to delivering innovative solutions quickly. In less than a week, we stood up this embedded integration, and Coverdash is ready to support the needs of all 1840 marketplace participants.” Learn More Interested in learning more about 1840's new business insurance solutions? Visit to discover a customizable insurance plan for you. 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: About 1840 & Company Founded with the vision of revolutionizing the future of work, 1840 & Company provides global, vetted talent and teams to businesses seeking sustainable growth. With a reach across 150 countries, their services span from providing vetted freelancers and outsourced teams to direct placement of core employees. 1840’s approach is focused on reducing structural costs and providing scalability, facilitating an efficient, data-driven, and compliant working environment.
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Answers To Your Top Small Business Insurance Questions

No matter what phase of business you’re in, protecting your business against financial loss is always a priority. Business insurance can help ensure you keep your hard-earned profits where they belong. If you have questions about insurance for your small business, look no further. We have answers to the top questions asked by business owners so you can keep your business and financial assets protected. Who Needs Small Business Insurance? Small business insurance protects small businesses across every industry, including freelancers, e-commerce merchants, and any small business. The Small Business Association (SBA) defines a small business as a for-profit business that meets certain requirements for annual receipts and the number of employees. While that standard varies across industries [], the typical threshold for small businesses is fewer than 1,500 employees and a maximum of $38.5 million in average annual receipts. Sole proprietors, LLCs, and corporations can all be considered “small businesses.” There is no such thing as “too small” for insurance; if you are operating a business, you can benefit from the risk-protective benefits of small business insurance. Why Do I Need Small Business Insurance? When you run a business, you risk lawsuits and financial losses resulting from your business operations. Imagine if a customer slipped and fell on the floor of your coffee shop, resulting in large medical bills. Or if the delivery person for your flower business crashed your business vehicle into another car while making their delivery rounds. Your products could injure a customer, or your consulting advice could lead to a client’s financial loss. There are a million different ways your business operations could lead to injury, property damage, financial loss, or even a data breach. Small business insurance can help protect your finances in the event of an unexpected or unforeseen incident, helping you keep your hard-earned money in your bank account. In some cases, small business insurance could help protect your personal assets, too. For example, if you’ve structured your business as a sole proprietorship, you could be personally liable for your business's debts, losses, and liabilities. There is no legal separation between you and your business. Debts, liabilities, and losses stay with your business for some LLCs and corporations. But one slip and fall claim or accident could mean the difference between keeping your doors open or closing up shop for good. What Insurance Does My Small Business Need? There are a number of insurance policies designed to protect your small business. While your insurance needs may vary depending on your type of business and industry, below are the most common types of insurance policies that any business would need in order to be protected. General liability is a type of business coverage that covers third-party injuries, property damage, and advertising injuries, including claims for libel, slander, and copyright infringement. That slip and fall accident at your shop is included in this coverage: general liability is designed to cover the medical and legal costs associated with someone getting injured as a result of your business operations. Professional liability is a type of business insurance that’s meant to protect you against claims that your service, advice, or consultation resulted in a financial loss for your client. Professional liability is also known as errors and omissions (E&O) coverage, and it’s meant to cover legal costs and claims if a client alleges that your mistakes, omissions, or oversight resulted in a financial loss. Product liability is a business insurance policy designed to protect you as the manufacturer or seller of a product. If a client is injured as a result of your product, then you’ll want this coverage in place to help cover the costs associated with a claim for a defective product that you make or sell. It helps ensure you won’t have to pay out of pocket for medical bills, legal fees, and any judgments or settlements from a defective product lawsuit. BOP (business owners policy) is a cost-effective way to bundle together multiple business insurance policies for one lower price. BOPs typically combine general liability with commercial property coverage, however, you may be able to tailor a BOP and add additional coverages for your business. By bundling separate policies into one BOP package, business owners typically pay less than if purchasing these as separate policies. Cyber liability insurance is designed for business owners who handle sensitive information, such as customer information, credit card numbers, or sensitive client information. Cyber liability is intended to cover the costs of credit monitoring, notifying customers of a breach, legal fees, and reputational damage if your business ends up in a data loss/ data breach situation. Workers compensation insurance is designed to protect the hardworking people who help your business grow and succeed. Workers’ comp covers your employees’ illness or injury if they get sick or hurt while performing their jobs. While many business insurance policies are optional, workers compensation is one of the few types of coverage required by law in most states. If you hire any employees, whether part-time or full-time, you’re likely required to cover them with workers compensation insurance. See a state-by-state guide to workers’ comp requirements. [] Is Insurance Required To Run My Small Business? Like we mentioned above, some insurance policies are required to operate your small business. Workers’ compensation, for example, is required by law in nearly every state if you have employees or if you are an owner on the business payroll. Other policies, such as general liability insurance, may be required in certain instances. * A client may require you to carry general liability coverage in order to bid on a job * A jobs platform like Fiverr may require you to carry GL in order to list your services * An ecommerce platform like Amazon or Walmart may require you to carry GL to sell online In other instances, you may be “required” to carry business insurance if you want to be covered for a claim. For example, if you are using your personal auto for business purposes, you’ll need to have commercial auto coverage to cover any accidents or injuries that result from you driving for business purposes. If you are involved in an auto accident while using your business-owned vehicle, or if you or an employee is driving your vehicle for business purposes, your personal auto coverage will not cover your claim. Where Do I Find Small Business Insurance? Shopping for small business insurance can often feel overwhelming. Where do you start? Coverdash specializes in insurance for small business owners, freelancers, and ecommerce businesses. Our small business professionals shop through insurance products from top-rated carriers in order to find the right coverage for your specific operation at rates your small business can afford. Our entire team is dedicated to helping protect your small business as you grow and scale, so you can focus on what’s coming next for your team rather than worrying about one accident, injury, or unexpected event sending you off track. Request a quote for business insurance from Coverdash and start protecting your small business today.
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