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Insurance Coverage for Prepackaged Software in Dallas & Houston, TX

Running a software company involves plenty of risks, particularly in relation to security breaches. Unfortunately, many firms, including prepackaged software providers, do not have enough insurance coverage to offset the risk. But you do not need to worry when you can trust Tower Street Insurance & Risk Management company to create the perfect, custom-tailored insurance policy to suit your business and your budget. Call us at 972-472-2040 to learn more or click here to schedule an appointment today to enhance your insurance coverage in Addison, Little Elm, Richardson, Heath, and other Texas cities that we serve.

Risks Related to Software Development Companies

There are many types of risks a software development company may face. Here are a few of the potential risks you may encounter:

Insurance Coverage for Prepackaged Software throughout Dallas & Houston, TX
  • Dissatisfied Customer- Business customers are dependant on the software they buy. While this is beneficial to your bottom line, it exposes software firms to the risk of distributing outdated or erroneous software that could lead to a client losing money and filing a lawsuit demanding damages. 
  • Resentful Ex-Employee- It's common for a fired employee to file a wrongful termination lawsuit against their former employer.
  • Cyberattacks- Cybercrime is becoming more dangerous every day. Because of the sensitive information that software firms keep, they are an ideal target for hackers. 
  • Damaged Property- Your office property and the software inside could be damaged by fire, natural disasters, vandalism, and more.
  • Theft- Employees have access to both corporate and consumer data. They could penetrate through corporate systems and steal data, money, securities, and more because of the online aspect of the software development business.
Types of Prepackaged Software Insurance

Types of Prepackaged Software Insurance

Here are a few types of prepackaged software insurance options:

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Let Tower Street Insurance Your Prepackaged Software in Dallas, Houston, & San Antonio

Tower Street ensures that you are financially prepared to tackle work-related problems with our custom-tailored insurance policies and services. We provide insurance to companies that create prepackaged software and others in high-tech industries. Our insurance professionals at Tower Street can help you get the finest and most affordable software company insurance. Call us at 972-472-2040 to learn more about our services and receive a free quote or simply click here to get started on creating your policy today! We also serve oil & gas businesses, electrical contractors, doctors' offices & medical clinics, lawyers, and more.

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