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IT Consultants Insurance That’s Made Just for You
You’re hired to help companies identify the best tech to execute their day-to-day tasks efficiently and effectively. With close care and attention-to-detail, you ensure that a business is using the best tech platforms for their success and security.
While you are zeroed-in on another business, it’s important to protect yours. Simply Business can help you find an IT consultants insurance policy that’s as unique as your business. This coverage can help protect you from common risks, so you can continue delivering great work for your customers.
What Insurance Do IT Consultants Need?
As an IT consultant, you’re likely working on a client’s site. You’re also responsible for guiding them in the right direction with technology. Naturally, you’re always at risk for potential accidents and property damage. Additionally, if a customer is hurt while working with you, your business could be exposed to lawsuits and medical claims.
Get Your QuoteGeneral Liability Insurance for IT Consultants
General liability insurance — also known as commercial general liability (CGL) insurance — covers costs associated with third-party accidents, property damage, and bodily injury. Without this type of coverage, your IT consulting business may be responsible for those costs.
For example, if you are working on a clients’ site and accidentally knock over a floor lamp (and damage it), general liability would have you covered for the repair or replacement costs. That’s why we recommend that IT consultants carry general liability insurance, as it can provide their business with essential protection.
General liability usually covers:
- Bodily injury
- Third-party property damage
- Personal and advertising injury
- Medical expenses
- And more
General liability insurance usually does not cover:
- Damage to your own property
- Professional services
- Workers compensation or injury to your employees
- Damage to your work
- Expected or intentional injury or damage
- And more
Learn more about General Liability Insurance.
Professional Liability Insurance for IT Consultants
Professional Liability insurance is a type of policy that provides coverage in the event a customer alleges negligence from your professional services.
As you are providing businesses with technology recommendations, you could make a mistake or recommend a technology platform that your client claims has sabotaged their success. Professional liability insurance would help cover the lawsuit costs.
Professional liability insurance usually covers:
- Negligence or alleged negligence
- Legal defense costs
- Claims involving libel and/or slander
- Copyright infringement
- Claims and damages
- And more
Professional liability insurance usually does not cover:
- Intentional negligence
- Bodily injury
- Property damage
- False advertising
- Employment matters
- Patents and trade secrets
- And more
Learn more about Professional Liability Insurance.
Workers Compensation Insurance for IT Consultants
If you have any full-time or part-time employees, including subcontractors, your business needs additional protection in the event of workplace injuries. Most states require businesses to carry a workers compensation policy when you hire your first employee, so be sure to add it to your coverage if you have a team.
Coverages include:
- Medical Payments
- Lost Wages
- Rehabilitation expenses
- Death Benefits
Here’s how workers compensation insurance works: If an employee gets injured on the job, this insurance can cover medical costs and lost wages. If an employee is out due to illness, workers compensation offers your business financial protection.
How Much Does Insurance for IT Consultants Cost?
While there’s no single answer for how much insurance costs for IT consultants, you can get an estimate for what you may pay based on:
- Your revenue
- Your payroll
- Your business location
- The type of services you provide
- And more
Want to find out how much your IT consultants business insurance may cost?
Click here to answer a few questions so we can help you learn how much you can expect to pay for your IT consultants insurance coverage.