Recent data breaches and cyber hackings have increased worries and emphasized the importance of implementing preventative measures for both individuals and businesses. As an IT consultant, you must safeguard your business from these unfortunately common threats. Imagine the damages if you implemented a tech solution in a business that resulted in a hacker’s ability to access sensitive company data. If the company decided to sue your business for the incident, you could risk facing financial ruin. In order to remain safe from these overwhelmingly common incidents, you must obtain professional liability insurance.
The unique risks and heightened threats of your profession make it imperative that you secure this vital form of protection. There are a variety of professional liability insurance policies that you must seek, depending on your particular line of business. Since your profession involves providing advice and services to your clients, you must obtain errors and omissions insurance protection. This will ensure that your business does not suffer from a claim of company or employee negligence.
While you may think that your precautions are sound and that your experience and skills make you less susceptible to these threats, it is important to realize that your profession makes you particularly vulnerable. Additionally, many IT consultants have had to deal with wrongful claims made by dishonest and dissatisfied clients. When you have the right insurance policies in place, you can feel confident that the dishonesty of another will not cause financial hardships for your organization.
Contact Purves & Associates Insurance Services for all of your California IT consultant insurance needs. At Purves & Associates Insurance Services, we understand the unique risks and vulnerabilities IT consultants are faced with and can provide you with a personalized policy that maximizes protection.