Insurance for Internet Publishers

This industry consists of businesses such as internet book publishers, sports sites, entertainment sites, video broadcast sites, game sites, news sites, periodical sites, radio stations, search portals, and web search portals.

Internet publishers need insurance to protect their businesses from the many known and unknown risks. An internet publisher’s worst nightmare is a lawsuit for an error in the services you offered. Insurance is your business’s first line of defense so when a lawsuit happens, you won’t pay for it out of your business and personal assets.

Here are some risks internet publishers can face:

• You failed to provide the service that your client needs, resulting in a huge financial loss on their part.
• There’s a mistake in the website you published that costs your clients a lot of money.
• Your office has been flooded due to a burst pipe, causing your computer to be destroyed.
• Your business website has been hacked and a customer’s personal information has been stolen and exposed to the public.

The cost of insurance for internet publishers depend on the size of your business, the number of employees you own and the coverage required. Without taking these into account, below are the average cost of some insurance needed for your business:

• General Liability insurance costs $600 in annual premiums.
• Commercial Property insurance costs $500 in annual premiums.
• Business Interruption insurance costs $500 in annual premiums.