Find coverage built to withstand your toughest risks.
Professional services and tech businesses need insurance to back up the advice, work and data they handle for clients. If a client raises a claim over a deadline, a recommendation or a data issue, insurance helps cover legal defense and recovery costs so the business can stay focused on the work. It also covers staff who get hurt on the job, even at a desk.
Most professional services and tech businesses start with three policies: workers’ compensation for your team, professional liability for mistakes in your work, and cyber insurance for data breaches. Many also add general liability or a business owner’s policy (BOP).
Workers' compensation
Office injuries can include a fall on the stairs, a strained back from moving equipment, or repetitive motion injuries. Workers’ comp pays for medical care and part of lost wages, and protects you if an injured employee sues. If you have employees, most states require it.
Business owner's policy
A BOP bundles general liability with property and business interruption coverage under one policy. After a covered loss like a fire or theft, it can help pay to repair or replace laptops, equipment, and office furnishings, and to replace lost income while you get back up and running. If you rent office space or own expensive equipment, a BOP often makes more sense than general liability alone.
General liability insurance
General liability covers injuries and property damage your business causes to someone else. If a client trips on the stairs at your office, your policy may help with their medical bills, legal costs and settlements, depending on your policy terms.
Cyber insurance
You hold client files, passwords and payment details. If a ransomware attack or data breach hits, cyber insurance can help pay for IT forensics, data recovery, customer notification and lost income while you get back online.
Professional liability insurance
Also called errors and omissions (E&O) insurance, this covers claims that your work or a missed deadline cost a client money. It can help pay for legal defense and settlements, even if the claim turns out to be unfounded. If clients rely on your expertise, this policy backs it up.
*Coverage needs vary by business — this reflects commonly needed lines, not a complete list of every policy your business may require.
How much does insurance cost for
Professional services and tech
businesses?
Professional services and tech insurance costs depend on:
- Payroll and number of employees
- Type of work: consulting, software, creative, financial or medical services
- Revenue and the size of your client contracts
- The kind of data you handle
- Your location and state
- Your claims history
- Coverage limits and deductibles
Costs vary, but EverPeak policies start at $18 a month.
What makes EverPeak different from other insurance carriers?
Why choose EverPeak for workers’ compensation coverage?
FAQs
In many states, businesses with employees are required to carry workers' compensation insurance. Other coverage, like general liability, is often required by landlords or client contracts rather than by state law, so requirements vary by state and industry — it's worth confirming your specific obligations.
Often, yes. A business owner's policy (BOP), for example, can bundle property and liability coverage under one plan. Higher-risk or more specialized trades may need additional standalone coverage layered on top, depending on how they operate.
Reach out to our customer service team directly at 833.929.0523, or fill out our contact form, and we’ll point you in the right direction.
Cost depends on your industry, business size, payroll and claims history. Connect with an agent for a quote based on your specific business.
General liability covers third-party bodily injury and property damage claims — a customer's slip and fall in your store, or accidental damage caused by your work. It typically pays for medical expenses, legal defense costs and damages if your business is found responsible.
Ready for insurance that works as hard as your business?
We’ll help you secure the coverage you need.