Technology Professional Liability Insurance
Technology Professional Liability insurance or IT Liability insurance protects all types of technology professionals if a client alleges that you were professionally negligent or failed to perform duties as promised in your contract.
Some of your clients may require that you and your sub-contractors carry this insurance. The right kind of policy can protect both the IT consulting company and sub-contractors from claims of a perceived error or omission, even if the problem occurs months after the initial consultation.
What Does IT Liability Insurance Cover?
Technology Professional Liability insurance includes legal defense costs – no matter how baseless the allegations. It will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
IT Errors & Omissions Coverage Is Different Than General Liability
Since Technology Professional Liability insurance is an errors and omissions coverage, it is not included in a Commercial General Liability policy. Commercial General Liability does not provide coverage for programming errors, contract performance disputes, or any other liability issues. Information Technology consultants and companies who have General Liability without Professional Liability (Errors & Omissions) coverage are taking a serious risk.
The Brunswick Advantage for Technology Professionals
Licensed in all 50 states, Brunswick Companies provides both traditional and custom insurance solutions for technology professionals. We offer an effortless opportunity to compare multiple carriers and ensure that you have the right IT liability protection at the most competitive rate. We can design your coverage to meet the needs of your specific tech company, regardless of size. Give us a call today at 800-686-8080 or request a quote below.
Is your technology company a startup? We also offer business insurance policies specifically for startup companies.