Your clients rely on you to run their technology smoothly, but if something goes wrong, your business could take the blame. Business insurance can cover your legal costs if a client sues over downtime, or help pay for data breach recovery expenses if you or your client suffers a cyberattack. Certain policies may be required by state laws or client contracts.
Insureon helps managed service providers find insurance policies that match your unique risks.
Fill out one application to get multiple quotes from top-rated providers.
These insurance policies cover the most common risks faced by MSPs.
This policy covers basic MSP business risks, such as client injuries and client property damage. Bundle it with property insurance for savings in a business owner’s policy.
Cyber insurance helps MSPs survive data breaches and cyberattacks by helping to pay for recovery expenses, lawsuits, and other related costs.
Technology E&O, also called professional liability insurance, covers legal expenses related to an MSP's performance. You can often add intellectual property and media liability coverage.
This policy covers the cost of accidents involving a vehicle owned by a managed service provider. Most states require this coverage for business-owned vehicles.
Most states require workers' comp for MSPs that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Fidelity bonds compensate your clients if an employee at your MSP company steals from them. Your clients might require you to purchase a bond.
A managed service provider with only a few employees will pay less for insurance than a larger business.
Factors that affect premiums include:
It's easy to get managed service provider business insurance if you have your company information on hand. Our insurance application will ask for basic facts about your company, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed agents work with top-rated U.S. insurers to find coverage that fits your MSP company, whether you work independently or hire employees.
Hear from customers like you who purchased small business insurance.