While an S corp shields tech business owners from some legal liabilities, it’s still important to protect yourself with business insurance.
Companies of all sizes in the tech industry face the same basic business risks. Business insurance can help IT independent contractors protect themselves from liability.
The most common type of commercial insurance, general liability insurance, costs about $30 per month. As a tech entrepreneur, you are putting countless hours and energy into your business, and this coverage can protect what you are building.
When you own a small IT business, your focus is usually on your work and on your clients. However, it's worth taking time to consider what kind of legal structure you need and whether your needs will change as your business grows.
Sole proprietors face many of the same risks as larger tech companies, which makes business insurance just as important. Discover recommended policies for sole proprietors in IT.
Your tech startup could be the next big thing. To take your company to the next level and protect you, your investors, and your team, secure your dream with the right startup insurance.
Large companies aren't the only ones vulnerable to lawsuits and other unplanned expenses. Tech freelancers face the same business risks.
As an independent contractor, general liability insurance might not top your list of priorities. But when something goes wrong, it can protect you from expensive legal costs.