Errors & omissions insurance
Every liability insurance policy is different. Who is covered by your liability insurance depends on a few factors, including the type of insurance and any modifications made to the policy.
Clients could accuse your tech company of professional negligence if you fail to provide a service or meet their expectations.
The term “contract negligence” covers breach of contract and professional negligence, two related but different legal issues. Both of these can lead to lawsuits for tech companies.
Technology and IT services companies are susceptible to professional liability claims. Learn how errors and omissions or professional liability insurance can protect your technology business from the most common claims.
Technology businesses accused of negligence may need to file an errors and omissions insurance (E&O) claim. Learn how this process works, what coverage usually includes, and what your policy might exclude.