Thanks to its proximity to NYC and Philly, New Jersey is considered a "bedroom community" for commuters. And thanks to Urban Enterprise Zones in the state, small businesses enjoy a lower sales tax rate, which draws customers from miles around. Both of these situations present unique risks and challenges for Jersey-based small IT businesses, many of which send employees across state lines to service customers.
If you're in the IT business in New Jersey, be sure you carry the right business insurance. Whether you need professional liability coverage, general liability or workers' compensation, TechInsurance has you covered. If you're doing business in nearby states, TechInsurance's New Jersey insurance experts know all the ins and outs of complying with state regulations for insurance coverage for workers' compensation, and can get you a quote for the coverage you need to protect your business.
Get fast, affordable coverage that's just the right fit for your IT business. Complete one online application and get your free, no-obligation quote in 24 hours or less. Choose the coverage you need, and we'll start your policy immediately.
If you're looking for any of the following types of insurance, we've got you covered:
Business Liability Insurance Package Policy. You may have heard this type of coverage called a "BOP," or Business Owner's Policy. This policy packages general liability insurance with property coverage at one affordable rate, giving you protection if a client should be accidentally injured at your location or if one of your employees causes property damage or bodily injury at a client's site.
Professional Liability Insurance. Commonly called "errors and omissions" or "E&O" insurance, this type of coverage protects you if your client should claim that mistakes, negligence or omissions you make on the job caused the client a financial loss. For professional services companies such as IT businesses, this is one type of insurance you shouldn't work without.
Workers' Compensation Insurance. Many states require companies with employees to carry workers' comp insurance, which pays for medical care and disability coverage for your employees if they should suffer a work-related illness or injury.
Employment Practices Liability Insurance. If you have employees, you need EPLI. This type of insurance protects you in the event that one of your employees claims an employment practice violation, such as sexual harassment; wrongful termination; or gender, race or age discrimination.