Web-Site Designers and Professional Insurance – Knowing Your Options
As an online website designer, you likely understand the importance of perfect placement and utilizing corresponding colors. It is your duty to ensure that your client’s website is beautiful, professional and well received. At times, you might find yourself focusing solely on your client’s website, while neglecting your own business. This can be truly detrimental, because you never know, when something may go wrong. Protecting your company should be put first! Lawsuits and legal claims could prove to be very hurtful and may bankrupt your small business if you do not have Web Developers Errors and Omissions Insurance.
A Solution to your business!
There are numerous ways to better protect your business and it is highly recommended that you use all of these techniques in correlation with one another. First and foremost, you should take the time to contemplate the purchase of insurance. With insurance, you may still face lawsuits, but the risks are lowered substantially. At the same time, the coverage will help to provide you with the money needed to pay for losses. What insurance can help? You will find out in the list below.
- Professional Indemnity Insurance
- Public Liability Insurance
- Employer’s Liability Insurance
- Property Insurance
Each of these policies can protect your company a little further, but the professional indemnity or errors and omissions insurance is likely the most crucial. These specifics will be explored in greater depth below.
Why E&O Insurance for Website Developers and Designers Is Vital
All in all, a web-site designer faces many difficulties and you should already know this. The problems, which could arise, are plentiful and each of them could lead to legal action against you, your company or organization. You’re not only at risk of being sued by your client, but also some outside entity could easily file a claim against you. This could be the case, if they 3rd party felt you infringed on their copyright. Below, you will find a list of reasons you could potentially be sued.
- Security flaws left the client’s website and database vulnerable.
- You were unable to deliver the finalized design, within a timely manner.
- You are sued for trademark or copyright infringement.
- A client can easily sue you, if they’re unsatisfied with your performance or inability to communicate.
- Finally, the client may sue you for loss of profits, if the finalized product does not achieve the desired results.
Errors and omissions insurance for Website Developers can prove to be exceptionally helpful in these specific circumstances.
Other Types Of Insurance
If you wish to protect your business even further, you may wish to obtain Cyber Liability Insurance. Those that work online and deliver their products in a digital manner face unique obstacles. Cyber Liability Insurance can help in a number of ways. This type of insurance from liabilitycover.ca can protect you from claims made anywhere in the world, including those originating outside of Canada. This type of coverage is optional, but it is highly recommended for many.
Finding A Provider
Now that you know precisely what you need, you should begin looking for a suitable insurance provider. There are many reputable companies out there, but you would be making a terrible mistake, if you ignored LiabilityCover. The company offers an abundance of options and their prices cannot be beaten! Checking us out today is highly recommended and we could save you a sufficient amount of money.