- Errors and omissions insurance
Errors and omissions insurance, also called professional liability insurance, protects your tech company when a client sues over a mistake or oversight – whether or not it was your fault.
- Cyber liability insurance
Cyber liability insurance pays for legal expenses, credit monitoring services, and other recovery costs if a data breach or cyberattack affects your company or your clients.
- Workers’ compensation insurance
Workers’ comp covers medical costs for work injuries and illnesses. Almost every state requires employers to carry this policy.
- Fidelity bonds
Fidelity bonds protect your tech company from financial loss if an employee commits fraud, theft, or forgery against a client or your business. They are often required by client contracts.