New York's state flower, the red rose.

Technology Business Insurance in New York

Compare quotes online from top-rated insurance companies.
Get advice tailored for tech entrepreneurs.
24 hrs
Access proof of insurance anytime.

Find New York business insurance in three easy steps

United States map.

Review business insurance requirements

Fill out one application.

Compare quotes online from top-rated carriers

Multiple insurance quotes to compare.

Purchase the right policies at the best price

Recommended insurance policies for technology businesses in New York

Looking for different coverage? Check out our other policies.

What are the insurance requirements for technology businesses in New York?

State laws can affect which policies you need for your technology business. These policies are required for New York businesses.
Orange check mark.

Workers' compensation insurance

New York state law requires technology businesses with employees, full-time or part-time, to carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.

Orange check mark.

Commercial auto insurance

Vehicles owned by technology businesses in New York must be covered by commercial auto insurance. New York's commercial auto insurance requirements are:

  • Bodily injury liability: $25,000 per person / $50,000 per accident
  • Liability for death: $50,000 per person / $100,000 per accident
  • Property damage liability: $10,000 per accident
  • Personal injury protection: $50,000
  • Uninsured motorist coverage: $25,000 per person / $50,000 per accident

Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance, as personal auto policies usually exclude business use. It can be added to general liability insurance or a business owner's policy.

How much does business insurance cost for technology professionals?

Male IT worker making calculations.

Commercial insurance can be affordable for a small New York tech company. Factors that influence the cost include:

  • Your industry and risk
  • Coverage limits
  • Location
  • Number of employees
View Costs
What our customers are saying
"Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours. Up to that point, I had spent hours going in circles with others."
Michael D.
Custom programmer
Delighted customer feedback.

We specialize in business insurance for New York IT and technology professionals

Our agents are experts in insurance for New York technology businesses. They can help you find policies that fit your company and fulfill state requirements. TechInsurance is licensed in New York by the State Department of Financial Services.

In New York, we operate as BIN Insurance Holdings, LLC (NPN 15752926) for property and casualty insurance (agent license PC-1155635, broker license BR-1155635) and for surplus lines (license EX-1155635). You can verify our licensure with the Department of Financial Services by selecting “Business Entity” in the first dropdown and then entering our New York state license (1155635).

350,000+ small businesses protected
Save money by comparing insurance quotes from multiple carriers.
Not a technology business? We have you covered.
Powered by Insureon.
We partner with trusted A-rated insurance companies