Insurance Product Liability

Insurance Product Liability
What kind of insurance should I buy for my software company?

My software company is a limited liability company that sells software for monitoring database type business at about $ 400 each. In addition to protecting my personal assets to the LLC, I also want to insure against prosecution that could result from a client who could claim that the software makes them lose time or money somehow. It is a product company person, not a service company. Should I be looking for E & O insurance Professional Liability Insurance, or?

E & O is the same as professional liability. For software developers, there a company that combines GL & E & S in a single package, for about $ 2,500, depending on the final application. You need to talk to a local agent independent can shop right for you. If you do not want a combined package, you can not find someone willing to give you the E & O, unless you also GL coverage. ** Liability insurance does not cover all activities related BUSINESS .**

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