• Errors and omissions insurance

Errors and omissions insurance, also called professional liability insurance, protects your tech company when a client sues a mistake or oversight – whether or not it was your fault.

• Cyber liability insurance

Cyber liability insurance pays for legal expenses, credit monitoring services, and other recovery costs if a data breach or cyberattack affects your company or your clients.

• Workers’ compensation insurance

Workers’ comp covers medical costs for work injuries and illnesses. Almost every state requires employers to carry this policy.

• Fidelity bonds

Fidelity bonds protect your tech company from financial loss if an employee commits fraud, theft, or forgery against a client or your business. Client contracts often require them.