Different types of small business insurance address different accidents, lawsuits, and damages that could impact your business. These policies cover the most common risks for software development and other tech companies and professionals.
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.
This policy, also called errors and omissions insurance (E&O), protects small businesses that provide professional services or advice. It covers lawsuits related to work performance.
This policy boosts your current liability coverage when its limit is reached. It supplements general liability, commercial auto, and employer's liability insurance.
Business insurance provides financial protection against common accidents in the tech industry that could cost a lot of money to resolve. But you don't just need it for your own protection.
Landlords, lenders, clients, and the law might require you to carry business insurance. For example, general liability insurance is often required for a commercial lease, while state laws mandate workers' compensation insurance for businesses once they hire a certain number of employees.
Learn more about why you need business insurance.
It's easy to get a certificate of insurance for your tech company with TechInsurance. These certificates are granted once you purchase an insurance policy, and you can use them to provide proof of coverage.
Simply fill out our easy online application, which asks for basic facts about your company. You'll receive free quotes from top-rated insurance carriers in minutes. Compare quotes and choose a policy, then pay the premium online. Once you've bought a policy, you can download a certificate by logging in to TechInsurance.
You can typically get your certificate of insurance the same day you apply for free quotes. A licensed insurance agent will help you every step of the way.
TechInsurance provides insurance solutions for IT and software companies and contractors, as well as to small businesses in many other industries.
We also offer coverage for a wide range of business type and structures. That includes: