Software Development Insurance: Get your quote in less than 3 minutes

Reasons to choose insurance for software development

• Liability for code errors : A failure in software can cause major losses to your customers.
• Cyber threats : Your servers and databases are susceptible targets for cyberattacks.
• Demanding contracts : Many clients require liability cover before any collaboration.
• Legal protection : Disputes related to software performance are frequent and costly.
• Equipment and premises : Your technical infrastructure must also be protected.

Essential guarantees to consider for a software developer

Why use a specialized insurance comparator?

• Time saving : One form, multiple quotes in just a few clicks.
• Targeted offers: Compare only developer-friendly insurance.
• Cost savings : Identify the best coverage at the best price.
• Professional support : Partner brokers advise you according to your situation.
• Flexible coverage : Choose the coverage you really need.

Which insurers cover software development?

Is insurance mandatory for a software development business?

It is not legally mandatory, but strongly recommended to protect against professional, legal and cyber risks.

IN BRIEF

Software Development Business Insurance

Custom software development firms combine: equipment (high-performance workstations), intellectual property of the code, customer data, and professional responsibility for deliverables.

Recommended Combined Coverage: Tech E&O $2 M + cyber $1 M + RC $2 M + goods $100,000. Total cost: $2,500 to $6,000/year for a team of 5 to 15 people.

What does errors and omissions coverage protect against?

It protects against damage caused to a customer due to a coding error, a bug, or a technical oversight.

Can I adjust my insurance policy according to my projects?

Yes. Partner brokers offer contracts that can be adjusted according to your mandates and the size of your company.

What are the main coverages in software development insurance insurance?

A typical software development insurance insurance policy in Quebec includes: general civil liability (damage to third parties), commercial property (building, equipment, stock), equipment breakdown, business interruption (income loss after a claim), and depending on the sector, professional liability or cyber-risks. Exact coverage varies by insurer and profile — your partner broker tailors the policy to your operations.

What exclusions should I check before signing?

The most common exclusions in business insurance: intentional acts, normal wear and tear, claims occurring before the policy period, certain catastrophic risks (flood, earthquake — often optional), mobile equipment off-site, and undeclared activities. Always read the exclusion clauses and declare all your operations to avoid claim denial.

Can I bundle my software development insurance insurance with auto or home?

Yes. Most of our AMF-certified partner brokerage firms offer multi-product bundling. Combining business insurance with auto or home can generate a discount of 10 to 15% on total premiums, plus simplified management (one point of contact, one renewal date). At Assur360, the quote systematically evaluates the bundled option.

How does professional liability (E&O) insurance work?

Professional liability (E&O) covers errors, omissions or negligence committed in the course of your profession, plus legal defence costs. It differs from general liability (which covers bodily or property damage to third parties). Depending on your sector, E&O can be strongly recommended or required by contract (e.g. by clients or professional associations).

How long does a software development insurance quote via Assur360 take?

The online form takes 3 minutes to fill out. You’ll then receive a call or email from an AMF-certified partner brokerage firm (member of the Chamber of Insurance) within 24 to 48 business hours with a personalized quote for your business. The quote is free and no obligation — you’re free to accept, decline, or negotiate.

Request your quick and free quote