General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Business crime insurance, also known as commercial crime insurance, protects against organization-related crime and the resulting losses for your small business. When someone defrauds, embezzles, forges documents, or commits theft, you're covered for the losses.
Professional Liability Insurance (or E&O Insurance), protects your small business from claims of mistakes, negligence or malpractice made when providing your services that caused somebody financial loss. PLI covers your legal defense costs, damages and settlements.
Cyber Liability Insurance protects you from the theft of sensitive data. If you suffer a data breach or software attack, Cyber Liability Insurance will cover the costs of notifying and restoring affected customers, recovering data and repairing security systems.
Why do Computer Facilities Management Services need insurance?
These businesses provide support and on-site management of facilities. Part of this industry is data processing, facilities support, and computer systems.
Bad things can happen, even to the most conscientious business owners. Even if you have a fortunate amount of financial resources, your business won't be able to survive. Piles and piles of lawsuits may come your way and any business won't last without insurance.
What risks do Computer Facilities Management Services face?
There are many risks computer facilities services can face. Here are some:
How much does insurance cost for Computer Facilities Management Services?
There are many factors that influence the cost of insurance for every business. Most insurances will ask for your financial capability, a number of employees and other factors. To give you an idea, here are some of the average price of the common insurance policies: