---
title: "Coverdash vs Lockton Crime Insurance"
description: "Coverdash brokers crime digitally; Lockton brokers crime and fidelity with an in-house Professional & Executive Risk claims team and an FI-bond distinction."
canonical: "https://spot.insure/compare/coverdash-vs-lockton/crime"
page-type: "line-comparison"
updated-at: "2026-09-23"
---

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[Human-readable page](https://spot.insure/compare/coverdash-vs-lockton/crime)

# Coverdash vs Lockton Crime Insurance

Coverdash brokers crime digitally; Lockton brokers crime and fidelity with an in-house Professional & Executive Risk claims team and an FI-bond distinction.

## Research Scope and Use

Use this comparison to evaluate Coverdash and Lockton for Crime Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

Coverdash arranges commercial crime as a broker with a digital quote-to-purchase process. Lockton places Crime and Fidelity as a brokered program, notes that financial institutions often need a financial institution bond distinct from general crime, and assigns claims to its Professional & Executive Risk Claims team. [3](https://www.coverdash.com/terms "Terms And Conditions") [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance")

## What Is Coverdash Insurance?

Coverdash is an insurance brokerage and digital platform for small businesses, startups and e-commerce sellers. Buyers can compare quotes, purchase policies and manage coverage directly or through an embedded partner service. [1](https://www.coverdash.com/faq "Frequently Asked Questions") [2](https://www.coverdash.com/about "About Us") [3](https://www.coverdash.com/terms "Terms And Conditions")

[Coverdash profile](https://spot.insure/insurance-providers/coverdash)

## What Is Lockton?

Lockton is a privately held insurance brokerage that arranges commercial risk, employee benefits and retirement programs. US pages describe a technology practice and intermediary placement with insurers, not Lockton as the policy’s insurer. [6](https://global.lockton.com/us/en "Lockton United States") [7](https://global.lockton.com/us/en/technology "Technology") [8](https://global.lockton.com/us/en/terms-of-business "US Terms of Business")

[Lockton profile](https://spot.insure/insurance-providers/lockton)

## What Is Crime Insurance?

Crime insurance addresses business losses from specified theft and fraud risks, such as robbery, forgery and embezzlement. [10](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm "Commercial Insurance Guide")

## Key Differences in Crime Insurance

### Digital Brokerage Versus Claims-Integrated Broking

Coverdash arranges commercial crime as a broker and describes a fully digital quote-to-purchase process. Lockton places Crime and Fidelity as a brokered program and says its Professional & Executive Risk Claims team, which integrates insurance and claims counsel inside the broking team, handles those claims. Coverdash’s reviewed crime pages do not describe a comparable claims-advocacy team. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") [3](https://www.coverdash.com/terms "Terms And Conditions") [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance")

### Financial Institution Bond Versus Money Handlers

Lockton says crime is relevant to nonprofit, private and public organizations of any sector, flags small businesses that lack fraud-prevention resources, and notes financial institutions are frequently required to carry a financial institution bond distinct from general crime. Coverdash markets commercial crime to any business that handles money, payroll or valuable inventory, without that bond distinction. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance")

### Claim Types Lockton Itemizes

Lockton lists employee theft, forgery or alteration, theft on or off premises, computer fraud, counterfeit currency, and social-engineering impersonation involving customers, vendors or employees. Coverdash describes employee theft, forged checks and counterfeit currency, funds-transfer fraud and social engineering. Neither page names a placing insurer; Coverdash also does not publish limits. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance")

## What to Confirm in Crime Insurance Quotes

- Ask Lockton whether you need a financial institution bond rather than general crime. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance")
- Get both issuing carriers and limits. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance")
- Ask whether Lockton’s on-or-off-premises theft appears on Coverdash’s placed form. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance")
- Ask Coverdash how crime and cyber would coordinate; ask Lockton how its claims team would advocate a social-engineering loss. [5](https://www.coverdash.com/coverage "Coverage Hub") [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance")

## Offering Details

| Criteria | Coverdash Commercial Crime Insurance | Lockton Crime and Fidelity Insurance Brokerage |
| --- | --- | --- |
| Role in This Line | Coverdash arranges commercial crime coverage as a broker rather than an insurer, placing coverage with a carrier under its standard brokerage terms. [3](https://www.coverdash.com/terms "Terms And Conditions") [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Company-reported; scope: General brokerage terms applied to the crime page; not specific to any one carrier or state..) | Lockton places Crime and Fidelity insurance to protect businesses against financial losses from theft, fraud, forgery and embezzlement by employees or third parties; it describes this as a brokered program, not a policy Lockton underwrites. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") (Evidence: Company-reported; scope: Crime and Fidelity product page as read 2026-09-23..) |
| Issuing Insurer | The commercial crime page does not name the insurer that issues the policy. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Not publicly disclosed; scope: Reviewed commercial crime page as of 2026-09-23; the page describes coverage without naming a specific carrier..) | The page does not name the insurers Lockton places crime and fidelity coverage with. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") (Evidence: Not publicly disclosed; scope: Crime and Fidelity page checked 2026-09-23..) |
| Who It’s For | Coverdash markets commercial crime coverage to any business that handles money, payroll or valuable inventory. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Company-reported; scope: Product-page eligibility description; actual acceptance depends on underwriting..) | Lockton says crime coverage is relevant to nonprofit, private and public organizations of any sector, and calls out small businesses as particularly exposed because they often lack fraud-prevention and auditing resources. It also notes financial institutions are frequently required to carry a financial institution bond, distinct from general crime coverage. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") (Evidence: Company-reported; scope: Crime and Fidelity product page as read 2026-09-23..) |
| Coverage Features | 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. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Company-reported; scope: Product-page coverage cards; the issued policy and declarations control actual wording, limits and exclusions..)<br><br>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. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Not found in reviewed sources; scope: Comparison of the cyber and crime-coverage product pages; overlap-resolution language was not found on either page..) | Lockton lists the claim types a crime and fidelity program is meant to address: employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social engineering (impersonation) fraud involving customers, vendors or employees. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") (Evidence: Company-reported; scope: Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy..) |
| Limits and Retentions | The commercial crime page does not publish specific limit, retention or deductible amounts. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Not publicly disclosed; scope: Reviewed commercial crime page as of 2026-09-23; figures are quote-specific and not shown on the public product page..) | Not described in the reviewed sources. |
| How to Apply | Coverdash describes a fully digital quote-to-purchase process for commercial crime coverage, with the option to add other coverages alongside it. [4](https://www.coverdash.com/coverage/crime-coverage "Commercial Crime Insurance") (Evidence: Company-reported; scope: Product-page company information and cross-sell section..) | Not described in the reviewed sources. |
| Claims Support | Not described in the reviewed sources. | Lockton says its Professional & Executive Risk Claims team, which integrates insurance and claims counsel within the broking team rather than treating claims advocacy as a separate profit center, handles Crime and Fidelity claims. [9](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance "Crime and Fidelity Insurance") (Evidence: Company-reported; scope: Product page as read 2026-09-23. Describes Lockton's advocacy role, not an insurer's claim-paying obligation..) |

## Full Comparison

- [Coverdash vs Lockton](https://spot.insure/compare/coverdash-vs-lockton): all coverage lines, business roles, service and claims.
- [What Is Crime Insurance?](https://spot.insure/coverage/crime): Crime insurance can help recover business losses from specified theft and fraud, including employee theft, forgery and payment fraud.
- [Coverdash vs Lockton Cargo and Transit Insurance](https://spot.insure/compare/coverdash-vs-lockton/cargo-transit)
- [Coverdash vs Lockton Commercial Property Insurance](https://spot.insure/compare/coverdash-vs-lockton/commercial-property)
- [Coverdash vs Lockton Cyber Insurance](https://spot.insure/compare/coverdash-vs-lockton/cyber)
- [Coverdash vs Lockton D&O Insurance](https://spot.insure/compare/coverdash-vs-lockton/directors-officers)
- [Coverdash vs Lockton Employment Practices Liability Insurance](https://spot.insure/compare/coverdash-vs-lockton/employment-practices)
- [Coverdash vs Lockton Fiduciary Liability Insurance](https://spot.insure/compare/coverdash-vs-lockton/fiduciary)
- [Coverdash vs Lockton General Liability Insurance](https://spot.insure/compare/coverdash-vs-lockton/general-liability)
- [Coverdash vs Lockton Product Liability Insurance](https://spot.insure/compare/coverdash-vs-lockton/product-liability)
- [Coverdash vs Lockton Representations and Warranties Insurance](https://spot.insure/compare/coverdash-vs-lockton/representations-warranties)
- [Coverdash vs Lockton Surety Bonds](https://spot.insure/compare/coverdash-vs-lockton/surety-bonds)
- [Coverdash vs Lockton Workers’ Compensation Insurance](https://spot.insure/compare/coverdash-vs-lockton/workers-compensation)
- [Alliance Risk vs Coverdash Crime Insurance](https://spot.insure/compare/alliance-risk-vs-coverdash/crime)
- [Alliance Risk vs Lockton Crime Insurance](https://spot.insure/compare/alliance-risk-vs-lockton/crime)
- [Beazley vs Coverdash Crime Insurance](https://spot.insure/compare/beazley-vs-coverdash/crime)
- [Beazley vs Lockton Crime Insurance](https://spot.insure/compare/beazley-vs-lockton/crime)
- [CFC vs Coverdash Crime Insurance](https://spot.insure/compare/cfc-vs-coverdash/crime)
- [CFC vs Lockton Crime Insurance](https://spot.insure/compare/cfc-vs-lockton/crime)

## Sources

### Coverdash

1. [Frequently Asked Questions](https://www.coverdash.com/faq). Coverdash; Getting a quote & buying coverage; Claims & certificates; Billing & managing your policy; About Coverdash. Accessed 2026-09-15.
2. [About Us](https://www.coverdash.com/about). Coverdash; How Coverdash Works: direct and embedded channels; Our Investors. Accessed 2026-09-15.
3. [Terms And Conditions](https://www.coverdash.com/terms). Coverdash; "Coverdash does not provide any underwriting services"; broker/agent of record designation. Accessed 2026-09-23.
4. [Commercial Crime Insurance](https://www.coverdash.com/coverage/crime-coverage). 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.
5. [Coverage Hub](https://www.coverdash.com/coverage). Coverdash; Cyber & Crime category listing Cyber Insurance, Crime Coverage and Kidnap & Ransom. Accessed 2026-09-23.

### Lockton

6. [Lockton United States](https://global.lockton.com/us/en). Lockton; Opening description of independent insurance brokerage for risk, benefits and retirement; Ask an Expert link to contact-us. Accessed 2026-09-16.
7. [Technology](https://global.lockton.com/us/en/technology). Lockton; Industry introduction; cyber liability heading; dedicated technology team; listed services including claims advocacy, contract review, directors and officers liability, and international program design; 24/7 service model. Accessed 2026-09-16.
8. [US Terms of Business](https://global.lockton.com/us/en/terms-of-business). Lockton; Opening entity definition; Surplus Lines; Use of a Particular Insurer; Compensation Disclosure; servicing, claims handling and renewal language in Confidentiality section; Intermediaries. Accessed 2026-09-16.
9. [Crime and Fidelity Insurance](https://global.lockton.com/us/en/products-services/crime-and-fidelity-insurance). Lockton; What is Crime and Fidelity Insurance?; Who needs to purchase Crime and Fidelity Insurance?; Types of Crime and Fidelity claims; Claims management. Accessed 2026-09-23.

### Crime Insurance Guide

10. [Commercial Insurance Guide](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm). California Department of Insurance; Crime. Accessed 2026-09-16.

Updated 2026-09-23. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

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- [Markdown page](https://spot.insure/compare/coverdash-vs-lockton/crime.md)
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