Tech Business Insurance
E&O + CGL Coverage for Technology Companies
Tech companies have unique risks that are a result of the digital age we live in. Ensure your technology business is covered with a custom tailored Tech Business Insurance policy. Select and compare the coverage that works for you through our online quoting system. Learn more below and get insured in just a few minutes.
- Tech Company Coverage
- Instant Online Quotes Available
- Reliable Underwriters
- Digital Policy Documents
- Claims Support Line
- Automated Renewal Reminders
- E&O, CGL, and Property Insurance
Errors & Omissions Insurance (E&O)
Errors & Omissions Insurance coverage is the primary form of protection that is provided on your tech E&O policy. This covers you from potential claims arising from your daily operations.
Professional Liability Insurance
E&O Coveragece is also sometimes called Professional Liability Insurance. Not to worry, this will be included in your IT Business Insurance policy at the limits you require.
Commercial General Liability (CGL)
Commercial General Liability (CGL) covers you and your company from third party property damage (PD) or bodily injury (BI) claims resulting from the work you perform, or your premises.
Property & Contents Coverage
Insure any computers, furniture, and other office contents so you can rest easy knowing you're covered should your business experience a loss to property from theft, fire, and more.
How It Works
Provide us with some information about your technology business.
Decide on the coverage that's right for you and review your quote.
Get to work knowing you have custom insurance for your tech operations.
Learn more about Insurance for Technology Businesses
What's included in Tech Business Insurance?
Insurance coverage is an important part of any risk management implementation for an IT / Technology Business. It’s important to consider the risks that are unique in the tech space when looking at insurance protection options for tech startups, online service platforms, and other digital focused business pursuits.
Not to worry, Netsurance can provide tech-based insurance solutions that include all of the necessary coverages such as:
Errors & Omissions / E&O (Professional Liability) – This is the primary form of coverage for tech businesses. It covers you for liability claims arising from lawsuits that could be brought against you as a result of your operations in the IT space.
Commercial General Liability (CGL) – this protects you from claims arising from things like a client slip and fall at your office location, or physical damage that you cause to third-party property (eg. a client’s expensive computer setup).
Property Coverage – cover the items that you care about such as computers, monitors, keyboards, furniture, office contents, and more.
If you’re looking for any specific types of coverage, you can also reach out to us for advice.
Why do I need insurance for my technology company?
Ah technology! The wonders it can accomplish when it works in its desired fashion. The digital world can also leave room for drastic problems that can result in significant financial loss and legal costs. Purchase a Tech Business Insurance policy to ensure you have liability coverage in place should a lawsuit be brought against your company for your IT operations.
Don’t wait until it’s too late to look into an insurance risk management solution. You can’t buy insurance coverage for something that’s already happened, but you can prepare with an IT company insurance package.
What kinds of IT businesses can be insured?
The tech space is actually riddled with risks, although many of them may not be easily recognized. The point is, all kinds of technology businesses need some for of insurance coverage. With Netsurance, you can get instant quotes in the web browser for various types of companies including:
- IT Project Management
- General IT Consulting (but not security specific)
- Packaged Software or Hardware Installation
- Enterprise Resource Planning Installation
- Web Development
- Web Graphic Design
- Digital Marketing
- IT Security Consulting
- Prepackaged Software
- Computer Hardware Sales (including consulting)
- Subscription Based Business Software as a Service
- Hardware Infrastructure as a Service
- IT Network Configuration or Communication Configuration
- Custom Software
- Programming
- Application Development
- IT Staffing Services
- Computer Maintenance or Repair
- Managed or Third Party IT Services
- Video Game Developers
We can also offer custom tailored insurance solutions if you business model is unique in the tech space and doesn’t fall into one of the categories above. Don’t hesitate to contact us if you have any questions or want to get started with a quote.
How much does Tech Business Insurance cost?
- Your operations
- Your revenues
- Company size
- Insurance claim history
- Types of coverage
- Limits of desired insurance
- Deductibles
- and more