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Essential coverages to meet client demands
When you also have equipment or operate from an office
All Basic plan benefits and:
Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
Commercial Property insurance covers any type of commercial property against the perils of fire, theft, vandalism, and natural disaster. It covers your business from the loss of property or liability coverage when a disaster occurs.
While your insurance will pay for property lost, what about your business income? Business Interruption will cover the loss of income when a covered event forces your business to temporarily close. It covers the recurring bills and expenses such as employees' salary, additional expenses due to the disaster, and the expense of moving to a temporary location.
Cyber Liability insurance covers the cost of the losses that are due to the various types of breaches and attacks on your computer system. This insurance pays for notification costs, monitoring costs, legal fees, and other expenses due to the breach.
General Liability insurance provides financial protection when your business is sued over a variety of claims such as bodily injuries, personal injuries, third-party property damage, advertising mistakes, libel, slander, and other related claims. This insurance will cover the cost to defend your business including out-of-court settlements and related fees.
Owning a software publishing business can be rewarding, but it requires a lot of hard work. As a business owner, you are responsible for managing the risks that your business can encounter, and having insurance is a big help especially when your business is faced with a lawsuit. Insurance covers the expenses up to the limits of your policy when a lawsuit occurs, and all that's required is a small monthly fee to protect your business.
Below are some common risks software publishers can face:
The software you published and sold to your clients is claimed to be unsatisfactory, filled with bugs, and your client reports that they have lost a lot of money as a result. This forces your client to sue your business.
Your office gets flooded due to a burst pipe. This destroys most of your computers and soaks all your documents, therefore forcing your business to close for the time being.
There is no fixed price for insurance for software publishers as this depends on various criteria. However, the cost of your insurance is mainly affected by the size of your software publishing business, the number of employees you have, and the coverage required. To find out the cost of your insurance, simply apply online and we'll send you a free quote in just a few minutes.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.
We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.
We've built all our fancy tech from scratch, which allows us to get you certificates on demand, free of charge, and for us to find you savings.