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Business Insurance for Cloud Computing

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Why do cloud computing businesses need business insurance?

If a client can't access important data when they need it, the result could be a lawsuit. Cloud computing business insurance helps you recover quickly from costly legal battles, workplace injuries, fires, and theft.

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Get the right insurance

TechInsurance connects you with a licensed insurance agent who knows the cloud services insurance industry. Get quotes for the right coverage with one easy online application.

6 insurance policies every cloud computing professional should consider

Cloud insurance helps your company comply with state laws and the terms of leases and contracts. These policies can aid with disaster recovery, legal issues, theft, and data breaches.

General liability insurance

General liability insurance icon

This policy protects cloud service providers and data centers from the most common lawsuits. It's often required for commercial leases and contracts.

BEST FOR
  • Accidental client injuries at your office
  • Accidental damage to client property
  • Defamation and copyright lawsuits

Errors and omissions insurance

Errors and omissions insurance icon

E&O, sometimes called professional liability insurance, helps pay legal costs related to cloud outages and technical errors. Intellectual property (IP) and media liability coverage can often be added.

BEST FOR
  • Delays in real-time computing
  • Loss of data
  • Errors that cause financial losses

Business owner’s policy

Business owner’s policy icon

A BOP bundles general liability coverage and commercial property insurance at a discount. It covers common third-party risks and property damage at small businesses.

BEST FOR
  • Accidental client injuries at your office
  • Accidental damage to client property
  • Stolen or damaged business property

Cyber liability insurance

Cyber liability insurance icon

Security breaches are a tremendous risk in a cloud environment. This policy helps cloud computing firms recover from data breaches. It also covers legal costs if a client sues over a breach.

BEST FOR
  • Attorney's fees
  • Client notification costs
  • Data recovery efforts

Fidelity bonds

Fidelity bond icon

If a cloud provider’s employee steals from a client, a fidelity bond provides compensation to the client. It’s also called an employee dishonesty bond.

BEST FOR
  • Unlawful data access by an employee
  • Illegal money transfer by an employee
  • Other employee theft or fraud

Workers’ comp insurance

Workers’ compensation insurance icon

State laws usually require that cloud computing companies with employees carry this insurance coverage. It helps cover medical costs when an employee is injured on the job.

BEST FOR
  • Medical bills from work-related injuries
  • Partial wages while employees recover
  • Lawsuits from work injuries

Insurance costs for tech professionals

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Median costs come directly from policies purchased by TechInsurance customers.

General liability: $28 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 cloud computing professionals choose TechInsurance

Protect against common risks

A lawsuit or data breach can devastate your cloud computing company. Prevent financial losses with policies tailored for your needs.

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Protect against common risks
A lawsuit or data breach can devastate your cloud computing company. Prevent financial losses with policies tailored for your needs.
Gain client confidence
Insurance shows clients that your business is reliable, and some contracts even require it. View and print your certificate of insurance anytime with TechInsurance.
Get answers to technical questions
TechInsurance has licensed agents who provide insurance solutions and risk management tips to cloud businesses in all 50 states. You’re assigned a dedicated account manager who’s ready to help.
What our customers are saying
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"Great streamlined process. Quick, easy, and support is very helpful."
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System integration
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