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Vouch insures seed-stage and venture-backed technology startups.

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And startups that defy categorization

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Answers to common questions about Vouch.

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Crime Coverage

Crime is a serious threat to small businesses. Each year, employee theft costs US companies a whopping $50 billion, and startups and small businesses often get hit the hardest.
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This is why Crime insurance exists. Preventive measures can never make a business completely immune to crime – and if something does happen, executives might be looking at major losses.
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Crime coverage can help mitigate those losses.

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General Liability

Whether you’re working on your first startup or your fifth, General Liability insurance is likely the first policy you’ve seriously considered buying. That’s because General Liability is often required by landlords, partners, and clients, all of whom you’ll likely encounter early in your startup experience.

This coverage can offer important baseline protection, protecting your business assets when visitors get injured on your property or by your product, when a third party accuses you of libel or slander, or when a lawsuit results from these types of third-party damages.

General Liability

Who

Which startups need Crime Coverage?
COVERAGE DESCRIPTION

Crime insurance, or Commercial Crime insurance, covers things like employee theft and embezzlement, forgery, computer fraud, and funds transfer fraud.

Every industry faces different risks. A fintech startup is more susceptible to digital finance fraud than a media services startup. But if your company has data, employees, and property, you have some degree of risk for crime.

Certain factors increase that risk. If any of the following is true, you can probably benefit from Crime insurance:

  • You have five or more employees.

  • Your business processes financial transactions.

  • Your employees have access to sensitive data.

  • You hold inventory on hand.

Note: Even if you’re only working with engineering contractors right now, Vouch’s Crime insurance might be able to help you out: our coverage includes fraud committed by contractors.

When

When should startups get Crime Coverage?
CRIME COVERAGE

As your startup grows, your risks do too.

Once you launch your product in market, you have customer data that’s susceptible to fraud. As your team grows, it becomes harder to monitor everyone’s activity.

  • Headcount growth: More people means more risk

  • Revenue increase: Access to more money may make you more attractive to fraudsters.

  • High-value property acquisition: Bringing in new equipment – including laptops to power your growing team – could make you a target of theft.

Need coverage fast? Apply today, and you could have a policy within 24 hours.

Why

Why should startups get Crime Coverage?
THE LOGIC

The Association of Certified Fraud Examiners’ (ACFE) most recent report found that organizations with fewer than 100 employees see the largest share of fraud cases – 28 percent. Worse, median losses are $200,000 per incident – higher than losses for any other business size.

Why are smaller companies more susceptible to fraud? Mostly because they have fewer resources to prevent and detect it, according to the ACFE.

Vouch understands this challenge and others startups face. Our Crime policy is easy to apply for and can be active in as little as 24 hours.

While a crimethat policy won’t actually prevent fraud, it can keep fraud from putting your business finances in jeopardy.

Apply today and see for yourself.

What

What does Crime Coverage actually cover?
COMMONLY DOES COVER

Vouch’s Crime insurance policy covers losses due to crimes that fall under these categories: 

  • Employee dishonesty

  • Forgery or alteration

  • Money and securities

  • Losses that happen outside your business premises

  • Computer fraud and funds transfer

  • Counterfeit currency

CLAIM EXAMPLE
An employee steals proprietary customer data. The employee sues your startup for damages. Your Crime policy can cover the associated defense costs.
CLAIM EXAMPLE
An employee hacks into your payroll system to transfer funds into their own bank account. Your Crime policy can cover the losses from this theft.
COMMONLY DOES not COVER

Any costs resulting from a data breach aren’t covered by Crime insurance – that’s handled by Cyber insurance. In other words, if an outside party (rather than an employee) steals your customer data, you would need Cyber insurance.

Why Vouch?

Why get Crime Coverage from Vouch Insurance?
VOUCH INSURANCE

Vouch was created by founders who have experience at the helm of a startup. They know that getting the right insurance is necessary – but it can be tricky to find insurance policies that make sense for startups. That’s why Vouch’s coverage is designed specifically for startups.

For example, startups often employ engineering contractors who have access to sensitive data and therefore can increase your risk of a crime loss.

Vouch’s Crime coverage extends to crimes committed by engineering contractors, unlike many other available policies.
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Plus, it’s easy and fast to apply – our application takes less than 10 minutes, and you can get covered in less than 24 hours. Apply here.

How

How do startups get Crime Coverage insurance?
VOUCH INSURANCE

Instead of a few weeks swapping PDFs with a broker, you can…

Apply in just 10 minutes.

Get covered within 24 hours.

Handle everything online.

Ready for some peace of mind? Apply for your Crime Coverage.

Explore additional startup coverages

General Liability

Foundational protection for the risks of running a startup.

Business Property

Protection from disaster and theft.

Directors & Officers

Protection for your founders, officers and board members.

Errors & Omissions

Protection for bugs in your product that cause financial losses.

Fiduciary Liability

Protection for mistakes with employee benefit plans.

EmploymentPractices Liability

Protection for allegations of wrongdoing in the workplace.

Cyber

Protection for the damages caused by data breaches.

Crime

Protection for employee theft and fraud.

And boutique coverages for unique risks.

Tailored to your startup

EnterpriseConsumerFintechHardware
Digital Health

And startups that defy categorization.

Contact

hello@vouch.us
415.488.6728
831 Montgomery St.
San Francisco, CA 94133
© 2021 Vouch, Inc. All Rights Reserved.

Insurance services provided by Vouch Insurance Services, LLC. Descriptions are general in nature only. Please refer to the terms and conditions of any policies offered or purchased. Insurance products offered are subject to application and underwriting requirements. Not all products available in all states. Pricing depends on a variety of factors including policyholder location. Not all discounts available in all states.