Software & Web Developer Insurance
As a web developer, you know just how instantly the use of web applications (especially for businesses) have grown over the past couple of years. You also know that while many enterprises greatly benefit from everything you build for them, there are internal security issues with web development that leave both you and your clients exposed to an attack.
This makes having a strong business insurance plan an absolute requirement for any web development business.
General liability is very important part of software & web developer Insurance. Will protect you against lawsuits and financial liabilities that can come from things like accidents or mistakes.
General liability commonly is bundled with a variety of different coverages in a Business Owners Policy. Our agents can check if you are eligible for a bundle and you can save even more.
Protects the establishment of your software & web development business and the things you use to operate the business, like equipment, calculators, computers, desks, and other office furniture, whether you own or lease them.
Most of the times the finance industries like software & web developers are seen as “low-risk”, mainly because there are few or none physical threats in the office. These low-risk businesses are sometimes eligible for a Business Owner’s Policies, or BOP, which connects a General Liability Insurance policy with a Property Insurance policy and offers you the bundle at a special, discounted rate.
Errors & Omissions Insurance
Sometimes no matter how careful you are, or how many times your employees double check everything, an error might slide through the cracks and spark a lawsuit. That’s why it’s so important to secure your software & web development business with Errors and Omissions Insurance, which protects companies like yours from those oh-so-human mistakes. Keep your accounting, tax preparation, or finance business from falling down the rabbit hole of legal defense costs!
Cyber Liability Insurance
Also known as “Cyber Risk Insurance” it secures small businesses and startups from costs related to data breaches which can result in very expensive lawsuits. As an accounting or finance firm, it’s very important to have this coverage mainly because of the risk that your clients’ information gets stolen in a data breach.
You’ll be responsible for all the legal fees, lawsuits, and reparations. Therefore, you have to notify your client of the breach, provide credit-monitoring services, and perform some PR damage control to restore your company’s reputation. Having this insurance, you’ll not be distracted by the money side of things. Insurox has you covered. Instead, you’ll keep doing your work, and focus your energy on rebuilding your company’s image and faith of your customers.
Workers’ Compensation Insurance
Also known as “workman’s comp” or “workers’ liability insurance. This insurance makes sure your employees’ lost wages and medical bills are paid for in the event of an injury on the job or get a work-related illness. As a small-business owner costs like these might be higher than what you can afford. Workers’ Compensation Insurance will help secure your business to stay running, even in tragic events. In addition, you can pick a policy that will protect you, the owner, if you are injured on the job.
What if you want to secure your business with extra protection in the event of a surprisingly expensive lawsuit? For just a few hundred dollars a year, you can add millions of dollars in coverage to your General Liability Insurance, as well as some other kinds of policies you may carry, like Non-Owned Auto Insurance and Employer’s Liability Insurance. This type of coverage is called Umbrella or Excess Liability Insurance, and it’s active when a claim exceeds the limits of your existing insurance policies.