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Top business insurance policies
General liability insurance
This policy protects businesses from the most common third-party risks. A business owner’s policy bundles this coverage with property insurance at a discount.
- Accidental client injuries
- Accidental damage to client property
- Libel, defamation, and copyright lawsuits
Errors and omissions insurance
This policy protects against lawsuits over mistakes or oversights made by professionals. It's also called professional liability insurance.
- Failure to meet client requirements
- Failure to meet a deadline
- Errors and oversights
Cyber liability insurance
This policy covers the cost of recovering from a data breach or cyberattack at your tech company.
- Lawsuits from clients affected by a breach
- Notifying affected clients about a breach
- Fraud detection and monitoring
Business owner's policy
This policy bundles property insurance and general liability insurance into one plan. It’s one of the most economical types of business insurance for a tech company.
- Accidental client injuries
- Accidental damage to client property
- Damaged business property
Workers' comp insurance
State law usually requires tech businesses that have employees to purchase workers' compensation. It helps pay medical costs from work-related injuries and illnesses.
- Medical bills from work injuries
- Partial wages while employee recovers
- Lawsuits over work injuries
Fidelity bonds
A fidelity bond provides compensation when one of your employees steals from a client. It's also called an employee dishonesty bond.
- Unlawful data access by an employee
- Illegal electronic funds transfer by an employee
- Employee embezzlement
Commercial auto insurance
This policy can help pay for expenses after an accident involving a vehicle owned by your business. You can extend it to include coverage for vehicle damage.
- Car accidents
- Theft and vandalism
- Weather damage
Professional liability insurance
This policy, also called errors and omissions insurance (E&O), protects small businesses that provide professional services or advice. It covers lawsuits related to work performance.
- Work mistakes and oversights
- Professional negligence lawsuits
- Late or incomplete work
Commercial umbrella insurance
This policy boosts your current liability coverage when its limit is reached. It supplements general liability, commercial auto, and employer's liability insurance.
- Additional general liability coverage
- Additional commercial auto coverage
- Additional employer's liability coverage
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Why small businesses choose TechInsurance
Focus on your passion: business
Our process ensures your business gets the coverage it needs. That means you can focus on what's important – running your business.
