A minor bug could be a huge liability if it affects your client's bottom line. Software developer insurance covers the cost of a lawsuit over a coding error, and can help your business recover from accidents and injuries.
These policies cover the most common risks faced by software developers.
E&O, also called professional liability insurance, covers legal defense costs if a computer programmer makes a mistake. You can often add intellectual property and media liability coverage.
This policy helps software developers survive data breaches and cyberattacks by helping to pay for recovery expenses, notification of affected clients, and other financial losses.
This policy reimburses clients for theft by employees working for a software development company. It's also called an employee dishonesty bond.
This type of insurance covers basic risks, such as accidental damage to a client’s computer. Bundle with commercial property insurance for savings in a business owner’s policy (BOP).
Most states require workers' comp for software development businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance covers property damage, medical costs, and legal expenses in an accident involving a company vehicle. Most states require it for business-owned vehicles.
It's easy to get software development business insurance if you have your company information on hand. Our insurance application will ask for basic facts about your company, 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 insurance coverage that fits your software development business, whether you work independently or hire employees.