The advent of the digital world means you’ll need technology insurance Houston, TX to protect your non-physical assets. Don’t let a data breach be the cause of your business’s downfall. Texas Insurance Agency can help you find the best technology insurance to protect your business from the backlash of service problems, breaches, and other IT mishaps. Call us today to learn more, or get started with a free quote through our online forms.

We can help you protect your digital assets and equipment with the right technology insurance.

What is technology insurance?
If you work in the tech industry, you may be exposed to certain risks that aren’t covered by other types of business insurance. It can include a lot of different situations, such as data breaches, software problems, service delays, and other IT mistakes.

This insurance helps keep tech companies and other businesses that depend on technology from losing money because of claims of mistakes or omissions, broken products, or professional responsibility. Legal defense costs, settlements and judgments, loss of business income, the cost of public relations work to fix damage to your image, and other things can be covered by the right technology insurance.

In particular, it helps companies that make software and apps, work with IT experts and service providers, store data, or otherwise create, sell, or depend on technology for their main business activities. Texas Insurance Agency can help you find the best coverage options for your business. Whether you’re squarely in the IT field or if you simply have digital assets you want to protect, we can pinpoint the best policy for you.

What Does Technology Insurance Houston, TX Cover?

There is one important thing to keep in mind when looking for the best technology insurance for you: the benefits would depend on the insurance policy. Talk to a technology insurance expert or broker to get a clear picture. Common technology insurance plans can cover the following:

• Professional Liability: This type of insurance, which is also called errors and omissions (E&O) insurance, can protect you from claims that say your work was wrong, done late, or never finished.
• Cyber Liability: This covers companies for losses brought on by cyberattacks like identity theft, hacking, data breaches, and viruses.
• Intellectual Property Insurance: This type of coverage can protect companies from accusations of patent, trademark, copyright, and trade secret infringement.
• Equipment Insurance: This covers the computers, servers, and other tech equipment that a business owns from being stolen, damaged, or lost.
• Business Interruption Insurance: This can cover costs and lost income if there is a company interruption.
• Media Liability: This type of insurance is usually for companies with a strong online presence. It protects them against legal costs and damage to their image caused by things like slander, privacy invasion, copyright infringement, and more that happen in the media.
• Breach of Contract: This can cover losses if a business is charged for not providing services as agreed upon in a contract.

People who work in the technology field, like tech startups, tech developers, IT experts, software programmers, web designers, data managers, and technology manufacturers, often get technology insurance. Also, this insurance is a good idea for any business that depends on technology a lot to run, no matter what industry or field it is in. It helps lower the risks that come with complicated problems caused by online threats.

We can help you find the Technology Insurance Houston, TX you need to protect your business.

Determining How Much Coverage You Need

There are a number of things that can affect how much technology protection your business needs:

1. Risk Exposure: Businesses that deal with private customer data or depend on software a lot may need more coverage. We can help you assess how much you’ll need, depending on how much data or software you’re holding.
2. Business Size: The larger the business, the more coverage you need. That’s because the bigger the business, the more complicated technology is used to keep the business afloat.
3. Contracts: Some business agreements call for certain types or amounts of insurance coverage. You’ll want to check your contracts to ensure you have or are getting the right amount and type of coverage to fulfill your end of the contract. We can help you find the exact type of insurance you need to ensure your business succeeds.
4. Requirements Set By the Law: Some fields are highly regulated with rules and laws and need a certain amount or type of insurance. You’ll need insurance to ensure that you’re following the laws set for your field or industry. You’ll want to check what you need from the right authorities.
5. Financial Capacity: The business’s ability to handle loss would also be taken into account when deciding how much coverage to buy. You’ll want to buy enough insurance so that you’ll be fine even if a claim against you comes in. However, you also don’t want to have too much that the premiums will become a financial burden instead of a help.

You should talk to an insurance agent or expert to figure out how much coverage your business needs and how to evaluate your risks. Your insurance coverage should change and grow with your business. Reviewing and updating your insurance on a regular basis can help you stay protected. Our team can help you assess your assets and risks to figure out which type of insurance and how much is enough to protect you from the backlash of online dangers.

Texas Insurance Agency can show you all of your options for the technology insurance coverage available to you.

Getting The Coverage You Need

There’s insurance for everything. Now that the world is moving online, you even need technology insurance to ensure you won’t lose any money when something happens to your digital assets and info. Texas Insurance Agency can help you find exactly what you need in your current position.

Call us to learn more about your insurance options. Our Houston office is always ready to take any questions you may have. We’ll show you that different types of technology insurance may be able to help you recover faster from a loss.

Houston, Texas Fun Facts:

• Houston is the 4th most populous city in the US.
• However, the city itself covers 655 square miles, which could fit New York, Miami, Washington, Seattle, Boston, Minneapolis, and San Fran.
• The highest elevation in the city is only 125 feet, which is the Heights area. The city averages about 50 feet above sea level.