Blog

Oct
24
California Commercial Insurance for IT Enterprises

Each business is unique. But some businesses have special commercial insurance needs due to the nature of what they do, the equipment they use or the people they employ. Are your special IT needs covered under your California commercial insurance?

Most businesses now have a heavy IT component in their operations and we are all familiar with the frustration and chaos that occurs when internet servers and email go down. If you are the company who manages the IT needs of other businesses, you are the one who carries the responsibility of maintaining that service.
If one of your employees accidentally causes a system crash for one of your clients, that could result in losses for them. It could lead to them being publicly embarrassed or losing clients, as well as income. If that happened, your IT company could be held liable.
In addition to your standard commercial insurance, you may need to consider ‘errors and omissions’ coverage and increased levels of liability coverage, particularly if you have large corporate clients.
The business insurance California companies need is an important way of financially protecting business interests, and having insufficient coverage can be just as bad as having none at all if the costs and damages from a lawsuit drastically exceed the limit of your coverage. Get it right the first time – carefully assess the risks you business could face, and take out a policy that’s tailored to your IT business needs.