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Technology E&O Insurance Cost Guide

How much does Technology E&O Insurance cost? Average premiums by business size, industry, and state — plus the key factors that drive your rate up or down.

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Technology E&O Insurance Insurance: Average Premiums & Pricing Factors

Comprehensive FAQ, cost guide, and claims examples for technology errors and omissions insurance — coverage for IT companies and tech firms.

What You Need to Know

Technology E&O insurance covers professional liability, cyber risks, and software errors for IT companies, tech firms, and software developers.

Technology E&O Insurance Cost by Business Size

Business SizeAnnual RevenueTypical PremiumNotes
Individual DeveloperUnder $100K$1,000–$3,000/yrBasic E&O coverage.
Tech Firm$5M+$15,000–$50,000/yrComprehensive E&O with cyber coverage.

What Determines Your Premium?

  • Service Type (High impact) — Custom software development has higher risk than IT support.
  • Client Size (High impact) — Serving large enterprise clients increases potential claim severity.

Related Resources

  • Technology E&O Insurance Coverage
  • Technology E&O Insurance FAQ
  • Insurance Resources