What Is Technology (IT) Insurance?
Technology insurance is also known as tech E&O coverage, technology errors and omissions insurance and E&O insurance. It can help pay for any errors or omissions in the services that technology businesses provide.
For instance, say a graphic designer at your small business gives your client designs they claim are not what you agreed upon. When your client responds by filing a claim against your business, your tech E&O policy can help cover the costs.