These policies provide coverage for common risks of IT project management.
Technology errors and omissions, or E&O insurance, is popular with IT project managers. It can cover legal fees of lawsuits related to work performance.
This policy helps IT project managers survive data breaches and cyberattacks by helping to pay for recovery expenses, client notification, and other related costs.
Fidelity bonds compensate project management businesses and their clients if an employee takes property, money, or data from the business without permission.
This policy covers basic IT project manager risks, such as accidental damage to a client’s computer. Bundle with property insurance for savings in a business owner’s policy.
Workers’ compensation insurance is required in almost every state for IT project management businesses with employees. It can cover medical fees for work injuries.
This policy covers the cost of accidents involving a company car that belongs to a project management business, as well as damage to the car from theft or vandalism.
IT project managers are responsible for the success of a project. When a client sues over a missed deadline or poor results, errors and omissions insurance can cover your legal fees. Other policies cover unexpected costs from injuries, data breaches, and damage to business or client property.