Software Development Insurance & Why You Need It
Whether you’re a freelancer or running a company, software development insurance helps protect you from legal and financial challenges. Software developers face many risks, such as coding mistakes, security breaches, and intellectual property issues. This guide explores the key types of insurance relevant to developers . Common Risks in Software Development The commonest risks that call for software development insurance include: Coding Mistakes Errors can disrupt systems, leading to financial losses for clients. Professional Liability Insurance covers any resulting lawsuits or claims. Security Breaches Storing sensitive data exposes developers to potential cyber-attacks. Cyber Liability Insurance provides protection against legal claims and costs from breaches. Intellectual Property Conflicts Disputes over the ownership of code or ideas can result in costly litigation. Intellectual Property Insurance defends your rights over you...