Accidental damage to a client’s computer could have major repercussions. Computer repair insurance provides financial protection against lawsuits, theft, and other risks. Some policies may be required by clients or state laws.
These insurance policies cover the most common risks of computer repair.
E&O, also called professional liability insurance, covers lawsuits over work quality, such as missing a repair deadline. You can often add intellectual property and media liability coverage.
A cyber liability insurance policy helps computer repair businesses survive data breaches and cyberattacks. It's recommended for any business that handles sensitive information.
Fidelity bonds provide reimbursement if an employee at your computer repair shop steals from a customer. They're also called employee dishonesty bonds.
This policy covers basic risks, such as an employee spilling coffee on a client’s laptop. Bundle with commercial property insurance for savings in a business owner’s policy (BOP).
Most states require workers' comp for computer repair businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance can pay for property damage and medical bills in an accident involving your computer repair van. It also covers theft and certain types of damage.
No, no, no! My client's network was working just fine last week!
You made a mistake, yeah, you made a mistake. You made a mistake, and it doesn't matter what you say. You missed the boat, now you will have to pay!
Actually, you have errors and omissions insurance. It covers legal costs if you make a mistake and your client sues you.
Mistake! Mistake! Ohhh, this was a mistake! Mistake! Mistake! Ohhh, this was a mistake!
You can get all the coverage your business needs by following this link. Protection is peace of mind!
It's easy to get computer repair and installation business insurance if you have your company information on hand. Our insurance application will ask for basic facts about your small business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed agents work with top-rated U.S. providers to find coverage that fits your repair shop, whether you work independently or hire employees.