• Errors and omissions insurance

When a customer sues you for a mistake or overlook, regardless of whether it was your fault, errors, or omissions, insurance, also known as professional liability insurance, defends your IT company.

• Cyber liability insurance

Cyber liability insurance covers the costs of legal defense, credit monitoring, and other recovery measures if a data breach or cyberattack results in losses for your business or your clients.

• Workers' compensation insurance

Workers' compensation covers medical expenses for sickness and injuries sustained at work. Employers are required to carry this policy in almost all states.

• Fidelity bonds

If an employee defrauds a client or your firm by stealing from it or forging documents, fidelity bonds shield your tech company from suffering financial harm. Client agreements frequently call for them.