Top Solutions for IT Providers' Insurance Needs Found
Financial Considerations and Pricing
The cost of insurance for IT providers varies based on several factors, including the size of the business, the types of services offered, and the specific risks associated with those services. On average, small IT firms can expect to pay between $500 and $2,000 annually for professional liability insurance7. Cyber liability insurance can range from $1,000 to $7,500 per year, depending on the coverage limits and the company's risk profile8.