What is Software Developer Insurance?
Software development is a lucrative and growing field, but it’s not one without risk. Massachusetts businesses in the field must consider the property and liability risks they face, and that’s weird software developer insurance comes in.
Software developer insurance is specialized commercial insurance designed for software firms and similar businesses. So that these policies can protect against both property and liability risks, the policies normally come with multiple coverages packaged together.
What Firms in Massachusetts Need Software Business Insurance?
Most Massachusetts firms that develop software and/or apps can benefit from the protections afforded by software business insurance. Some examples of firms that might want this insurance include:
- Enterprise software developers
- Business software developers
- Productivity software developers
- Game developers
- Web plug-in and extension developers
In some cases, businesses that develop software and do other work also need one of these policies. An insurance agent who specializes in software business policies can help broader businesses determine whether they should carry this type of insurance.