Software Company Insurance — Coverage, Cost & Requirements
Software companies — whether building SaaS platforms, mobile apps, or custom enterprise solutions — carry product liability, intellectual property, and data breach exposures that traditional business insurance wasn't designed to address. When your software has a bug that causes client data loss, financial harm, or operational failure, the client looks to you. Software company insurance includes technology errors and omissions (tech E&O) for software defects and performance failures, cyber liability for breaches involving customer data, intellectual property liability for infringement claims, general liability for physical premises, and employment practices liability for a growing team. Investors and enterprise clients frequently require proof of tech E&O and cyber coverage before signing contracts.
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What Coverage Does Software Company Insurance Include?
Most software company businesses need several types of coverage to be fully protected. Here's a breakdown of the policies that matter most for your industry.
Technology E&O
Technology E&O coverage tailored for software company businesses.
Cyber Liability
Covers data breach response, ransomware, notification costs, and cyber liability.
General Liability
Covers third-party bodily injury and property damage claims. Required by most commercial leases and client contracts.
Intellectual Property Liability
Intellectual Property Liability coverage tailored for software company businesses.
Employment Practices Liability
Employment Practices Liability coverage tailored for software company businesses.
Commercial Property
Commercial Property coverage tailored for software company businesses.
How Much Does Software Company Insurance Cost?
The cost of software company insurance varies based on your revenue, number of employees, location, and claims history. Here's a realistic range for most businesses.
⚠️ These are estimated ranges. Your actual premium will vary. Updated August 2026.
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