Business Insurance for Data Scientists

Compare multiple quotes from top carriers with one application.
Data Processing
Data scientist at desk with a clipboard full of papers.
Logos of Insureon's Partners
We partner with trusted A-rated insurance companies

Save money by comparing data scientist insurance quotes

Data loss or a phishing attack could wreak havoc on your company. Protect yourself from expenses related to cyberattacks, injuries, and other risks with insurance for business intelligence and data professionals.
Data scientist working at computer in front of charts.
Compare insurance quotes icon

One application, multiple quotes

Insureon helps data scientists compare insurance quotes from top U.S. carriers online. Get several quotes with one application.

What types of business insurance do data scientists need?

These policies provide coverage for the most common risks in data science.

Errors and omissions insurance icon

Errors and omissions insurance

This policy, also called technology E&O, is crucial for data scientists. It can cover legal expenses related to the quality of your work, such as a lawsuit over misinterpreted data.

  • Failure to deliver promised results
  • Accusations of negligence
  • Work errors and oversights
Cyber liability insurance icon

Cyber liability insurance

This policy helps data science businesses survive data breaches and cyberattacks by helping to pay for recovery expenses, lawsuits, and other related costs.

  • Data breach lawsuits
  • Client notification expenses
  • Fraud monitoring costs
Fidelity bond icon

Fidelity bonds

Fidelity bonds compensate your clients if an employee at your data science business steals property, money, or data from them. They are often required in client contracts.

  • Unlawful data access by an employee
  • Unauthorized money transfer by an employee
  • Employee theft or fraud
General liability insurance icon

General liability insurance

This policy covers basic data science business risks, such as client injuries and client property damage. Bundle with property insurance for savings in a business owner’s policy.

  • Slip-and-fall accidents
  • Damaged customer property
  • Libel or slander lawsuits
Workers’ compensation insurance icon

Workers’ compensation insurance

Workers’ compensation insurance is required in almost every state for data science businesses with employees. It can cover medical costs for work-related injuries.

  • Employee medical expenses
  • Missed wages
  • Legal costs
Commercial auto insurance icon

Commercial auto insurance

This policy covers the cost of accidents involving a company car owned by a data science business. It also covers vehicle theft and damage from vandalism.

  • Car accidents
  • Vandalism and theft
  • Weather damage
Looking for different coverage? See more policies.

Why do data scientists need insurance?

Whether you are researching key performance indicators or mining data from a client's database, you strive to provide exceptional service. However, a cyberattack or employee injury could expose you to financial risks. Business insurance for data scientists can help cover legal fees, medical expenses, and more.

How much does technology business insurance cost?

IT worker making calculations.

Several factors will have an impact on insurance costs, including:

  • Data science services offered
  • Business equipment and property
  • Revenue
  • Location
  • Number of employees
View Costs
What our customers are saying
"I had an urgent contractual requirement for insurance in December to pay before the end of the year. Holly Burton worked with The Hartford to send me an invoice around Christmas. I have saved hundreds in taxes."
Richard C.
Software / internet design
"Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours."
Michael D.
"The response time was almost immediate. The options I was given were based on my company's needs. I received the policy in record time."
Esther L.
Management consultant
Insureon customer reviews on Feefo
Compare insurance quotes for data scientists
Save money by comparing insurance quotes from multiple carriers.
Data Processing