Providence Insurance- The Reed Agency
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Providence Insurance- The Reed Agency
Home
Business
Personal
Technology Companies
Medicare Plans/ Health
Non-Profit Corporations
Contractors
Trucking
About
Contact
Our Team & Events!
More
  • Home
  • Business
  • Personal
  • Technology Companies
  • Medicare Plans/ Health
  • Non-Profit Corporations
  • Contractors
  • Trucking
  • About
  • Contact
  • Our Team & Events!
  • Home
  • Business
  • Personal
  • Technology Companies
  • Medicare Plans/ Health
  • Non-Profit Corporations
  • Contractors
  • Trucking
  • About
  • Contact
  • Our Team & Events!

Insurance Solutions for Tech Companies

Cyber Liability Insurance

Covers costs related to data breaches, ransomware attacks, and cyber extortion. Includes legal fees, client notifications, credit monitoring, and PR crisis management. An absolute must-have for any tech business handling data.

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Professional Liability Insurance (Errors & Omissions)

Protects against claims of negligence, coding errors, system failures, or missed deadlines that lead to financial loss for clients. Ideal for SaaS providers, developers, consultants, and IT professionals.

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Technology E&O (Tech Errors & Omissions)

Tailored for tech businesses, this specialized coverage combines cyber and professional liability. It protects against both service-related mistakes and network security failures.

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General Liability Insurance

Covers third-party claims of bodily injury, property damage, and advertising injury. Still relevant, even for digital-first companies, especially those with physical office spaces or client-facing teams.

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Commercial Property Insurance

Protects your tech office, equipment, servers, and physical assets from fire, theft, vandalism, and natural disasters. Can include business personal property and tenant improvements.

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Workers’ Compensation Insurance

Mandatory in most states—even for remote teams. Covers employee injuries and lost wages due to work-related incidents, including repetitive stress injuries and at-home work risks.

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Hired & Non-Owned Auto Insurance

Provides liability protection for rented or employee-owned vehicles used for business purposes—like traveling to clients, events, or conferences.

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Commercial Umbrella Insurance

Adds an extra layer of liability coverage on top of your existing policies. Important for protecting VC-funded tech startups or those with high-value contracts and assets.

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Directors & Officers (D&O) Insurance

Protects founders, board members, and executives from personal liability in lawsuits over decisions made while managing the company. Key coverage when raising capital or scaling.

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Employment Practices Liability Insurance (EPLI)

Covers your business if an employee files a claim for wrongful termination, discrimination, harassment, or other HR-related issues—especially critical for fast-scaling teams.

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Equipment Breakdown Insurance

Covers repair or replacement of essential tech hardware (like servers, routers, and production equipment) that fails due to electrical or mechanical breakdown.

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Business Interruption Insurance

Reimburses lost income if your operations are disrupted due to a covered property loss—like fire or equipment failure. Crucial for maintaining financial stability during downtime.

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