Telecom work is demanding, and one accident or lawsuit can make it even harder. Business insurance guards against unexpected losses and expenses from employee injuries, damage caused by an installer, and other risks.
These policies cover common risks in the telecommunications industry.
E&O, also called professional liability insurance, pays for legal expenses related to work quality, such as a lawsuit over disrupted services. You can often add intellectual property and media liability coverage.
This policy is important for telecom companies that store sensitive customer data. It helps cover costs related to data breaches and cyberattacks.
Fidelity bonds are also called employee dishonesty bonds. They compensate a telecom company's clients if an employee steals from them, and are often required by contracts.
This policy covers basic telecom business risks, such as a client tripping over a wire. Bundle with commercial property insurance for savings in a business owner’s policy (BOP).
Most states require workers' comp for telecom businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance covers property damage and legal expenses in an accident involving a telecom vehicle. It can also cover vehicle damage and theft.
It's easy to get telecom insurance coverage 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 coverage that fits your telecommunications business, whether you work independently or hire employees.