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An Internet Company's Professional Liability Insurance (Errors and Omissions Liability Insurance) Needs
Internet companies that provide services such as Web site design and hosting need Professional Liability Insurance (Errors and Omissions Liability Insurance) to protect against the growing number of lawsuits that are arising out of the alleged failure of their technology products and services. Internet liability insurance, another name for Professional Liability Insurance, is a safeguard to protect Internet business owners.
With the Internet explosion, the number of Internet companies providing Web site design and hosting have increased exponentially, thus Internet liability insurance has become increasingly important coverage to have. Due to the unique exposures of these Internet companies, a good professional liability insurance program should provide specialized coverage for intellectual property violations such as copyright and trademark infringement in addition to computer virus attack. These risks must be taken into account by website designers and hosting companies when they select their professional liability insurance carrier.
Find out how much Professional Liability (Errors and Omissions Liability) Insurance for information technology companies can cost for you. |
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Sadler & Company, Inc.
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Columbia, SC 29250
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