Business Insurance for Tech and Software Companies

This policy covers third-party business risks including customers' bodily injuries, property damage, and accidental copyright infringement. It's required for most commercial leases.

Also called professional liability insurance, errors and omissions insurance covers lawsuits related to your work performance. Combine it with cyber liability insurance in a technology E&O policy.

This policy helps IT and software companies survive data breaches and cyberattacks. It pays for notification costs when credit card numbers or other customer data are exposed.

A BOP bundles commercial property insurance and general liability insurance under one plan. It's often the most cost-effective type of commercial insurance for tech business owners.

Most states require workers' comp for tech companies that have employees. It also helps sole proprietors and independent IT contractors pay work-related medical costs that health insurance could deny.

If an employee at your tech business steals from a client, this bond would provide compensation for the client. You may also see it called an employee dishonesty bond.

This policy can help pay for expenses after an accident involving a vehicle owned by your tech company. You can extend it to include coverage for vehicle damage.

HNOA covers a tech business’s liability in accidents that occur while driving leased vehicles, rentals, and employee-owned cars for company errands.

This policy boosts your current liability coverage when its limit is reached. It supplements general liability, commercial auto, and employer's liability insurance.