E&O / Professional liability insurance
Online businesses face numerous risks that could lead to severe financial losses. These three online business liability insurance policies can help protect your company.
Insuring your business's laptops, desktops, and other electronics is a necessity when you work in tech. Learn which policies include computer or laptop insurance.
IT businesses accused of making professional mistakes or failing to complete work can be sued in an errors and omissions lawsuit. Disclaimers and insurance coverage can help reduce your risks.
Even if you’ve done nothing wrong, someone can still sue your IT business. Learn how to prepare for this possibility.
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.
Typically, you need to contact your insurance carrier directly when you want to file a commercial insurance claim. But the steps you take may differ based on whether you're filing a property claim or a liability claim.
Learn how to protect your consulting business by understanding the liability risks and taking steps to safeguard your assets.
A duty to defend clause in your liability policy means your insurance company must work out the details of your legal defense.
When you have vicarious liability for something, it means you could be held legally responsible for any resulting harm even though you didn't directly cause it. For example, a tech company could be held accountable for the actions of an employee.
A tortfeasor is a business or individual accused of a tort, which is an act that harms another entity. Torts are often unintentional, but the tortfeasor can still be held liable for damages.
A tort is defined as a wrongful act or omission that harms a business or an individual. They often lead to lawsuits.
Tail coverage is a provision that provides coverage for incidents that occurred while you had your policy, but a claim wasn't filed until after your policy's expiration date.
A rider is an insurance modification that adds extra protection to a policy and enables businesses to customize it to their specific needs.
The retroactive date is the earliest point in time that your insurance policy will cover an incident or dispute. It's sometimes called the retro date or retroactive date of inception.
An insurance renewal is the end of the term of your policy, at which point, you'll need to determine if you'd like to continue under the same policy with the same insurance carrier.
