Why is business insurance for web designers important?
Web design is no longer nice to have. Every business has an online presence and the investment into web design professional services have increased over the years.
The importance of having a professional looking website that meets all commercial goals puts pressure on web designers.
The risk of something going wrong is particularly higher if you are involved in redevelopment of an already established website. Any loss of traffic, drop in sales or broken functionality could have a direct financial impact on your client’s business.
Professional indemnity insurance for web designers
The key cover for web designers is professional indemnity insurance which is designed to deal with any legal claims resulting from allegations of professional errors or negligence.
If a client approaches you with a financial demand claiming that your work has caused them a loss, with professional indemnity insurance for web designers you will have access to qualified legal advice and defence.
If it’s found that a compensation is due and you are liable, your insurers will cover the cost up to the policy limit. Ensure therefore that you have a sufficient policy limit and a client contract that specifies your maximum liability.
Electronic business equipment insurance
As a web designer you no doubt rely on electronic equipment to deliver your work. Laptops, monitors and other components don’t come cheap anymore. As such, protecting your equipment with insurance could be a good backup plan.
Electronic business equipment insurance offers the cost of replacement if your equipment can’t be fixed. It will also cover the cost of repair including the service and the turn around these days is a lot quicker.
Always remember to keep a receipt or any other proof of ownership. It is usually the first piece of information required to start your claim.
Cyber insurance for web designers
If, aside from designing and developing websites, you also manage websites for your clients, you may need to consider cyber insurance.
Cyber criminals make little distinction between their target and will take advantage of anyone who appears to be vulnerable to their attacks.
Especially to a small business or self-employed web designer, a cyber attack could have serious implications for you as a business and an individual.
Cyber covers differ quite a lot from provider to provider but a comprehensive cover should offer advice on prevention, recovery service during an attack and a ransom payout provision if the only way to recover your data is to pay.
