Commercial General Liability Insurance for Software Developers
Commercial general liability insurance protects software developers and their business in the event they’re sued due to:
- Causing bodily injury to a third party due to negligent acts
- Causing property damage to a third party due to negligent acts
- Causing reputation harm to a third party due to negligent acts
What are negligent acts? They are a failure to exercise appropriate care in a specific circumstance.
Software developer commercial general liability insurance can help cover legal expenses including defence costs, judgement awards and settlements.
We offer a few levels of coverage:
- $2 million
- $3 million
- $4 million
- $5 million
This is the maximum that will be paid out over one policy term (usually a year).
Not sure how much coverage you need? Consider the likelihood of a lawsuit and what it could cost, your annual revenue, where you operate, and the number of employees you have.