Hero Image

Law Makes Companies Liable for Non-employee Labor Violations

A new law makes California employers liable for certain damages and penalties on wage-related issues for workers employed by other companies but working for California employers

Get instant small business insurance quotes

Can't find your industry?

800.668.7020 | M-F 8:00 AM to 5:30PM Central

4.9 out of 5 Customer Rating

Read reviews...


Home > News

Types of insurance that can cover the IT sector

Types of insurance that can cover the IT sector. Published: 3/6/2012

With more businesses adopting new technology in their IT departments, the U.S. tech sector is booming. With so many tech startups getting off the ground, it is imperative they are able to secure appropriate insurance policies, reported InsuranceNewsNet.

The website outlined some types of insurance tech businesses can use to protect themselves. One type, management liability insurance, covers damages that can stem from discrimination and harassment, as well as theft and forgery.

Another policy businesses can purchase is errors and omissions insurance, which provides essential coverage for technology companies. This type of insurance can provide coverage related to personal injury, copyright issues and intellectual property liability, according to INN.

Insurance is needed to cover businesses in the technology sector, but a recent development may allow technology to supplement insurance, according to The Associated Press.

The AP said a recently proposed bill from Democratic Assemblyman Mike Gatto from Los Angeles may allow people to show proof of insurance from an application on their smartphone during a traffic stop.

"We are the state where there's so much technological capital," Gatto told the AP. "We run the risk of losing that value if we don't update our laws from time to time."

Packaged Coverage at Discount Rate

Learn More

Customer Review

"We were not only pleased with the insurance product but more important - your skilled and professional staff. Corina Conyne did an excellent job in managing the whole process: from answering questions and providing important information. When your management staff hires talented people such as Corina, it speaks very well of the standards by which you operate by. We are very pleased that we found out about your company and it's services." Thank you. Tim Klubnikin

Hero Image

4.9 out of 5 Customer Rating
Read reviews..

Get Free Quotes!