Technology Errors and Omissions Insurance in Los Angeles
Coverage for software, SaaS, and IT companies when a client says your product or service failed them. Tech E&O usually pairs with cyber coverage in one policy.
Tech E&O at a glance
- Who needs it
- Software developers, SaaS companies, IT consultants, and managed service providers
- What it covers
- Claims that your technology product or service caused a client’s financial loss
- Often paired with
- Cyber liability in a combined policy
- Often required by
- Enterprise client contracts
- How it works
- Usually claims-made, with a retroactive date
What tech E&O covers
Tech E&O is professional liability built for technology companies, covering claims that your product or service did not perform as promised.
Errors and omissions
Covers claims that a mistake in your product or service cost a client money.
Cyber liability
Covers breaches of client data in your care.
Failure to perform
Covers claims that your software or service did not work as promised.
Legal defense
Pays attorneys and experts, even for claims without merit.
Contract compliance
Limits and wording that meet enterprise client requirements.
IP infringement
Some policies cover claims of copyright or trademark infringement.
What affects tech E&O rates
Pricing depends on your revenue, what your product does, who your clients are, and how critical your service is to their operations. A platform that processes payments costs more than a marketing tool.
Contracts matter. Limitation-of-liability clauses and clear statements of work can make your company easier to insure.
Ways to lower your premium
- Use limitation-of-liability clauses in client contracts
- Document testing and release processes
- Bundle tech E&O and cyber in one policy
- Keep your retroactive date when switching carriers
- Match limits to your largest client contracts
What moves your rate
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Revenue
Larger companies carry more exposure.
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Product type
Payments, health, and infrastructure tools cost more.
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Client size and industry
Enterprise and regulated clients raise limits and price.
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Contract terms
Liability caps and clear scopes lower risk.
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Security controls
Strong controls help both E&O and cyber pricing.
Tech E&O questions
Don't see yours? Call (310) 751-5979 and ask.
How is tech E&O different from cyber insurance?
Tech E&O covers claims that your product or service failed. Cyber covers data breaches and attacks. Most tech companies need both.
Do enterprise clients require tech E&O?
Often. Many enterprise contracts set minimum tech E&O and cyber limits before you can sign.
Does tech E&O cover a bug in my software?
If the bug causes a client’s financial loss and they make a claim, tech E&O is designed to respond, subject to the policy terms.
Can early-stage startups get tech E&O?
Yes. We work with carriers that write early-stage technology companies.
Find out what you should be paying
Tell us about your product and clients. We compare carriers and come back with real quotes, usually within 1-2 days.