BIN Digest

In today’s market, both small and large companies, as well as independent contractors are practically required to carry some kind of liability insurance.  If you are a systems integrator or custom programmer, it is also very important for you to have the proper liability coverage.  Obtaining coverage that is tailored to your individual service offerings is more efficient and cost effective than paying for coverage that doesn’t apply or isn’t necessary in your specific industry. 

Most of your clients will require that you carry insurance for a variety of reasons:

• General Liability Insurance covers any client’s property that is lost or damaged while in your possession.
• Clearly defines liability for any alleged shortcomings in the project
• Some clients will require workers compensation insurance to remove their liability in case you are injured on the job
• Almost all clients will require independent contractors to carry fidelity bond insurance, especially if you are in proximity to valuable financial information or similar data

Properly insuring yourself before applying for contracting work will give you a leg up on the competition, instill confidence in your skills as a professional, and in the long run, land you more jobs.  For more information on systems integrator insurance coverage, visit the TechInsurance Resource Center.  The center is a great source for IT knowledge, quick insurance quotes and much more!