Use our online tools; download articles, e-books, business contract and planning templates; and browse information on insurance products, plans, and policies for your small IT business.
General Liability Insurance
Professional Liability Insurance
Errors and Omissions Insurance
Cyber Liability / Data Breach Insurance
Workers' Compensation Insurance
Business Owner’s Policy
Data Breach Insurance
Certificate of Liability Insurance
Additional Insurance Offerings
4.9 out of 5 Customer Rating
Get in-depth information on essential insurance coverages.
Certificate of Liability insurance
If you're a programmer, as you negotiate contracts, you should ask yourself whether there are parts of your code that you use frequently or would like to use again in the future. Some contracts will specify that a client owns the code a developer
writes for their business. In other contracts, the developer will retain ownership. But many contracts don't include this language at all.
Why should this matter? Here's what could happen: a web developer gives a pet store's website a complete makeover. The site works great and draws new business. Everything's great until a second pet store contacts the developer asking them
to renovate its website and online marketplace.
The web developer faces a bit of a conundrum. If they didn't specify that they retained ownership of their code, it's unclear whether they can reuse it. If their original client sees the competitor's website has some of the same characteristics
as its own, it could sue the developer.
For this reason, it's best to specify in your contracts that you'll retain the right to use your code for future projects.
Next: Limit Your Liabilities by Closing Contracts