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How technology contractors can secure general liability insurance

Independent contractors might need general liability insurance to fulfill a client's contract or the terms of a commercial lease. Follow these four steps to get insured.

Step 1 : Apply online

Like most other types of insurance, securing a general liability policy for your technology business starts with an application. When you work with TechInsurance, you can apply online and get access to top carriers.

A few tips to make the online application process easier:

  • Set aside 15 to 20 minutes to complete the application.
  • Have on hand basic information about your business: revenue, square footage of your office space, business address, number of employees, payroll, etc.
  • Use the “chat” feature if you’re not sure how to answer a question. Our questions come from our carriers, and sometimes they may seem oddly specific. But we have staff on hand to clear up any confusion.

Step 2: Work with your agent

Once you’ve submitted your application online, you’ll be assigned an agent who will reach out to you to help you choose the coverage that makes the most sense for your business. Our agents are specialists in insuring technology businesses, so they're prepared to handle your questions.

Questions you might want to ask include:

Compare general liability insurance quotes for your tech company

Step 3: Sign your papers

Once you’ve chosen a policy, your agent will send you documents, most likely via email. In order to start coverage, you’ll need to sign on the dotted line and, of course, pay the premium. But as we mentioned above, many policies offer payment plans so that you don’t have to pay the entire premium at once.

The technology businesses we serve pay a median of $28 per month for general liability insurance. For more details on the cost of this policy (and on how much other types of small business insurance cost), visit our cost estimates page.

Step 4: Start winning clients

Okay, so this isn’t technically a step four. You’ve already got coverage in place at this point, so the hard part’s over. But it’s worth mentioning what you can expect after you go to the trouble of finding a commercial general liability insurance policy for your business.

Now that you have coverage in place, you can advertise yourself as insured when bidding on client contracts. By mentioning your insured status, you communicate that you’re a serious business and that you’ve got the means to weather a legal storm, should one arise. That will help attract clients – especially big clients.

Get free quotes and compare policies with TechInsurance

TechInsurance helps IT and tech business owners compare business insurance quotes with one easy online application. Start an application today to find the right policy at the most affordable price for your business.

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