This policy protects your business from the most common liabilities faced by software development firms. It's often required in client contracts and commercial leases.
E&O, also called professional liability insurance, can help pay legal bills if a software developer is sued for a mistake. You can often add coverage for intellectual property and media liability.
This policy helps your software development firm recover after a data breach or cyberattack. It can also help pay for lawsuits from affected clients.
A BOP bundles general liability and commercial property insurance. Software developers can usually get insurance coverage at a discount with this policy.
If your business has employees, you'll probably need to purchase this policy to comply with state law. It covers medical costs from work injuries and illnesses.
If one of your developers steals from a client, this policy reimburses the client for the amount stolen. 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.
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A lawsuit or data breach can devastate a small software development company. Prevent financial losses with policies tailored for your needs.