Technology insurance can cover a lot of different aspects of a business in Santa Clara, Fremont, Hayward, Berkeley, San Francisco, Oakland, and throughout the Bay Area.
From developing software to errors and omissions to protecting a business from online data hacks and much more, our team at Concise Solutions Insurance works with some of the best insurance companies to offer IT insurance, including The Hartford Insurance as well as Travelers Insurance.
It doesn’t matter if you are a small shop of one creating software or graphics, or you have a large team of web designers or service providers in the technology space, having IT insurance to protect against lawsuits and claims of damage will keep your business safe.
Talk with our team today to learn more and see what options are best for your needs.
Businesses have liability insurance in order to protect against people getting injured on their property, and technology liability insurance operates in a similar manner. The intellectual property that you or your business may offer could lead to damages of another person’s property, and they might come back against you because of this. This technology liability insurance can help with lawsuits, legal fees, court costs, attorney fees, and other expenses related to your work.
This kind of technology liability insurance is often referred to as technology errors and omissions insurance. There might be errors with the coding done on some software, or there might be an omission of important data, and these open up your business to liability claims. But just because you have technology liability insurance doesn’t mean that your regular liability insurance should be neglected; that is still important for real world issues.
Whether you realize it or not, you likely have a lot of important information that is stored on your company’s computers. There are plenty of people that would like nothing more than to either steal that information and then sell that on the black market or to cause your technology infrastructure to collapse and cause havoc at your business. Others may want to hold your data hostage in exchange for a large payment. All of these can be protected against with the right cyber security insurance to help respond to these problems.
When it comes to technology insurance for businesses, this is just as important as protecting your company vehicles and the tools and equipment that you use on a daily basis in Santa Clara, Fremont, Hayward, Berkeley, San Francisco, Oakland, and throughout the Bay Area.