Your clients trust you to train them on crucial skills and even one mistake could result in a costly lawsuit. Protect your IT training business by getting insurance policies that cover common liabilities, including legal expenses, medical bills, and repair costs for property damage.
Technology E&O, also called professional liability insurance, is crucial for IT training services. It covers lawsuits related to work performance, such as customer dissatisfaction with training programs or errors in training methods.
A cyber insurance policy helps IT training companies survive data breaches and cyberattacks by helping to pay for recovery expenses and associated costs.
This policy covers risks IT training consultants face, such as accidental damage to a client's laptop. Bundle it with property insurance for savings in a business owner’s policy (BOP).
This bond, also called an employee dishonesty bond, compensates clients if an employee at your IT training startup steals from them. It's often required for client contracts.
Most states require workers' comp for IT training businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy covers the cost of an accident involving a vehicle owned by your IT training company. Most states require this coverage for business-owned vehicles.
It's easy to get IT training business insurance if you have your company information on hand. Our insurance application will ask for basic facts about your 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. insurers to find insurance for your IT training company, whether you work independently or hire employees.
Getting the right insurance is a crucial part of any business’ risk management plan. Depending on the specifics of your IT training company, you may want to consider additional policies, such as:
If you hold training sessions at an office or another location, you may be required to add the office or that specific site as an additional insured. That way, if there is any kind of incident at the location of your training, it is also insured under your policy.
The insurance industry has a wide range of pricing for the same policies, which is why it's important to shop around. You can start by comparing free business insurance quotes with Insureon.
Our licensed insurance agents can help make sure you get the right, most affordable coverage for your IT training business. Most small businesses can get insured and download a certificate of insurance within hours of applying for quotes.