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Insurance for Telecom Companies and Cable Installers
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Save money by comparing insurance quotes for telecom installers
Damage to a customer’s property while setting up a line could put your business at financial risk. Protect yourself with telecom installer insurance.
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What types of insurance do telecom cabling installers need?
These policies provide coverage for common risks faced by companies in the telecommunications industry.
Errors and omissions insurance
This policy, sometimes called technology E&O, is important for telecom installers. It can cover legal fees of lawsuits related to work performance.
BEST FOR
- Missed installation deadlines
- Accusations of negligence
- Cable installation mistakes
Cyber liability insurance
This policy compensates telecom companies for cyberattacks. It covers the cost of fixing, investigating, and compensating victims of a data breach.
BEST FOR
- Data breach lawsuits
- Client notification expenses
- Fraud monitoring services
Fidelity bonds
Fidelity bonds compensate telecom companies and their clients if an employee takes property, money, or data from the company or client without permission.
BEST FOR
- Unlawful data access by an employee
- Unauthorized money transfer by an employee
- Employee theft or fraud
General liability insurance
This policy covers basic telecom installation business risks, such as client property damage and injuries. Bundle with property insurance for savings in a business owner’s policy.
BEST FOR
- Slip-and-fall accidents
- Damaged customer property
- Libel or slander lawsuits
Workers’ compensation insurance
Workers’ compensation insurance is required in almost every state for telecom businesses with employees. It can cover medical fees and lost wages for work-related injuries.
BEST FOR
- Employee medical expenses
- Missed wages
- Legal costs
Commercial auto insurance
Commercial auto insurance can cover property damage and medical bills in an accident involving a telecom vehicle. It also covers vehicle damage from weather and vandalism.
BEST FOR
- Car accidents
- Vandalism and theft
- Weather damage
Looking for different coverage? See more policies.
How much does technology business insurance cost?
Several factors will have an impact on insurance costs, including:
- Telecom cabling installation services offered
- Business equipment and property
- Revenue
- Location
- Number of employees
What our customers are saying
Why do telecom cabling installers need business insurance?
As an installer, your work is demanding. You spend your days in cramped spaces or on ladders stringing wires and plugging gaps with firestop. It’s hard work, but one accident or lawsuit can make it even harder. Telecom insurance guards against unexpected losses and expenses related to injuries, property damage, and other risks.