Technology E&O
Looking for Technology E&O coverage in California?
Errors and Omissions Insurance will protect you against any failures in the technology service that you provide, which results in damages for your customers. This is one of the most crucial types of coverage that you can include in your Technology Insurance policy.
Practically everything that you do is considered a professional service, with is not included in general liability coverage. This type of liability insurance will help to keep you protected when you over professional advice as well.
If a claim of negligence is make against you by one of your tech clients, you will be protected from bearing the entire expense of your defense. You will also be protected against the cost of awarded damages in a civil lawsuit.
This type of coverage is focused on the potential failure to perform a job adequately, financial loss that your work causes as well as an error or omission in a product that you sell or a service that you provide. These are all things that could lead to legal action being taken against your tech company.
Cyber Liability Insurance
Along with Errors & Omissions coverage, you’ll also want to have Cyber Liability Insurance included as well.
Because the greatest majority of the work that you do is related to computers and electronic information, it is wise to invest in IT Insurance to ensure your protection. In the event that a network goes down or private information is leaked, which can lead to serious financial damage for both you and your customers, you will need Cyber Liability Insurance included in your California Tech Insurance policy.
When sensitive information related to your employees’ or customers’ private data is lost or compromised, this coverage will step in to ease that fallout. You will receive compensation to notify all of the parties that have possibly been affected. You will also have financial support for monitoring credit and any other expenses that result due to a data breach.
You have worked hard to get your new tech company off the ground.
Don’t take the chance of a fire, theft or professional mishap destroying all that you have built. Let Joel Wagner and WHINS Insurance Agency protect your business with a specialized Technology Insurance policy. Call (818) 233-0825, or head over to our quotes page to get started online in seconds!