Contractor Insurance IT

Contractor Insurance IT

Do IT contractors need General Liability Insurance? Well, “need” is a funny word – and not really helpful when talking about IT contractors and their General Liability Insurance.

There is no law that requires you to have General Liability Insurance. But a client contract or office lease might require you to have this insurance. You don’t technically need to sign that client contract, but you might really, really want to. That is how you make a living, after all. And it’s often the big clients that have these insurance requirements in their contracts.

Contractor insurance IT is a business decision. And like other businesses decisions, it’s about risk management, cost, and benefit. Let’s examine GL Insurance from that perspective.

General Liability Insurance Basics and Benefits

General Liability Insurance may cover common third-party lawsuits that can bankrupt small businesses, including suits over…

Say you’re visiting a client’s office when you trip over a power cord and pull a client’s laptop to the ground, smashing it into a dozen pieces. The client could sue you for damaging their property and the expense the business incurs for lost data. When you add in your legal costs, you could be looking at a hefty bill.

General Liability Insurance can help shield you from these costs, paying for attorney fees, court costs, and settlements or judgments.

Why Clients Might Require You to Have Contractor Insurance IT

Clients may require their IT contractors to have General Liability Insurance because it…

Call AmeriAgency at 888-851-5572 for Insurance for IT Contractors or click here.

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