Computer installation and repair services deal with sensitive equipment. If you don’t do your job correctly, you put both the machines and their owners at risk. You might want your liability insurance to step in to cover potential losses you cause. You’ll likely need property damage liability insurance in these cases. How does this coverage work?

Property damage liability insurance is not a single policy. Many different liability policies can extend to damage done to customer belongings. Thus, work with your commercial insurance agent to set up the appropriate policies.

General Liability Insurance

When buying business insurance, you’ll likely start with general liability insurance.

Liability coverage extends to the damage you cause to others in the course of business. It helps the company protect its own assets while still compensating customers for their losses. Most policies include a property damage component. Therefore, if you damage a client’s property, you can pay them for the repairs or replacement.

Let’s say you drop a computer you are repairing. The computer breaks beyond repair. In such cases, the client will likely request compensation. Your property damage liability insurance therefore can pay the client for their losses. They can then put that settlement money towards a new computer.

Inland Marine—Bailee’s Customer Insurance

Inland marine coverage insures items in transport. For example, if you move a client’s computer systems from their old office to a new one, this coverage might apply.

Bailee’s coverage may apply when you store the client’s systems in your store during the repair process. For example, if someone’s computer gets stolen from your store, coverage might pay. While general property damage insurance might apply also, inland marine coverage often applies more specifically to items like computer systems.

Errors & Omissions Coverage

There are times that your professional mistakes could damage computers in non-physical ways. For example, you might accidentally install software that causes data losses.

This is a technical issue, but its results could prove harmful to a customer. In such situations, a type of coverage, called errors & omissions insurance, might apply. It governs professional mistakes that cause harm to your clients’ personal security or solvency.

Talk to your Dallas business insurance agent about the property damage liability coverage you need. Depending on where and how you service computers you will likely need to adjust coverage specifically. Your insurance agent can help you determine how to best protect these items.