General liability insurance protects your training program from basic risks that most small businesses face. It might be required in a client contract or commercial lease.
E&O, also called professional liability insurance, covers lawsuits over mistakes and disagreements over training methods. You can often add coverage for intellectual property and media liability.
This insurance helps IT training companies recover from a data breach or cyberattack. It covers immediate recovery costs along with credit and fraud monitoring services.
A BOP provides general liability and commercial property insurance at a discounted rate. Many small IT training programs save money by purchasing a BOP.
If your IT training business has employees, state law usually requires this insurance policy. It covers medical bills and lost wages due to work-related injuries or illnesses.
A fidelity bond protects your training program if one of your employees steals from a client. It’s also called an employee dishonesty bond.
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.
A lawsuit or data breach can devastate your IT training business. Prevent financial losses with policies tailored for your needs.