What Are the Key Differences Between Coalition and TechInsurance Tech E&O Insurance?
Two-Policy Bundle With a Price Benchmark vs a Required Cyber Pairing
TechInsurance packages tech E&O as two policies, errors and omissions plus cyber liability, for IT and technology companies. It reports a median of $67 a month (about $807 a year) from its own book, varying by profession, limits, personal data handled and claims history. Coalition sells Tech E&O only combined with its Active Cyber Insurance, through appointed brokers, and publishes no prices. Choose TechInsurance if you're a small IT firm that wants a price benchmark and a simple bundle; choose Coalition if IP claims over licensed code are a real risk and you're happy to work through a broker. [4] [9]
Intellectual Property on the E&O Policy
Coalition lists IP claims over licensed code among the claims its Tech E&O addresses. TechInsurance says its standard bundle doesn't automatically include IP or copyright disputes, and that cover usually has to be added. [4] [9]
What Should You Confirm in Coalition and TechInsurance Tech E&O Insurance Quotes?
- Ask TechInsurance whether IP or copyright cover is added to your bundle, and what it costs. [9]
- Ask Coalition how licensed-code IP claims are treated on the issued form. [4]
- Compare each TechInsurance policy's limit and deductible with Coalition's paired form. [4] [9]
- Ask both which insurer issues your policy. [5] [9]