Business Insurance for App Developers
Why do app developers need business insurance?
An error in your mobile app could lead to a lawsuit if a client loses money over it. Business insurance for app developers can help cover client lawsuits, injuries, property damage, and other risks.
Get the right coverage quickly
6 policies every mobile app developer should consider
General liability insurance
General liability insurance protects your business from the most common liabilities faced by app developers. It's often required in client contracts and commercial leases.
- Client injuries at your office
- Accidental damage to client property
- Libel, defamation, and copyright lawsuits
Errors and omissions insurance
E&O, also called professional liability insurance, protects app developers against lawsuits over their work performance. Intellectual property (IP) and media liability coverage can often be added.
- Software bugs
- Apps that don't meet client expectations
- Missed deadlines
Cyber liability insurance
This policy helps your app development business recover from a data breach or cyberattack. It can also help pay legal costs if a client sues over a data breach.
- Fraud detection and monitoring services
- Client notification after a breach
- Lawsuits from clients affected by a breach
Business owner's policy
App developers can save money on business insurance by purchasing a BOP. This policy bundles general liability and commercial property insurance.
- Client injuries at your office
- Accidental damage to client property
- Damaged business property
Workers' comp insurance
If your business has employees, you'll probably need to purchase this policy to comply with state law. It helps pay medical costs from work injuries and illnesses.
- Medical bills from employee work injuries
- Partial wages while an employee recovers
- Lawsuits over work injuries
Fidelity bonds
A fidelity bond compensates your clients if one of your employees steals from them. It’s also called an employee dishonesty bond.
- Unlawful data access by your employee
- Illegal money transfer by your employee
- Other employee theft or fraud
Insurance costs for tech professionals
Average costs come directly from policies purchased by TechInsurance customers.
General liability: $42 per month
Errors and omissions: $61 per month
View more sample costs.
Start a free application to see how much insurance will cost for your business.
Why app developers choose TechInsurance
Protect against common risks
A lawsuit or data breach can devastate your app development business. Prevent financial losses with policies tailored for your needs.
