Understanding Insurance: General vs. Professional Liability for Tech Companies

Owners of technology companies are often unaware of the differences between General Liability and Professional Liability. Unfortunately, this could prove costly at the time of a claim.Watch this video to learn more.

Professional Liability policies are designed to cover exposures generally excluded under a General Liability policy such as:

•Liability associated with economic loss arising from a third party's use of a technology company's goods, products or services.•Loss, damage or corruption of a third party's intangible property (eg: electronic data).

•A third party's tangible property that's not physically damaged but is rendered unusable due to a technology company's defective product or service (eg: new software installed but none of the other existing programs are now functioning correctly).

Hartford Insurance has the coverage needed for technology companies, call Howe Insurance Brokerage to speak to an agent today for a free insurance review.  (435) 674-8771