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Technology Business Insurance in Texas

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Technology Business Insurance Coverage in Texas

Texas Technology Business Insurance That Protects Your Growing Tech Company From The Allen Thomas Group

Technology Business Insurance Coverage in Texas

The Allen Thomas Group provides comprehensive business insurance solutions specifically designed for Texas technology companies.

With over 20 years of experience serving software developers, AI companies, and cybersecurity firms, we understand the unique risks facing your industry.

Our Smart & Easy approach simplifies the insurance process. We ensure your business has the protection it needs to thrive. In today’s digital landscape, that protection is essential.

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Table of Contents

Getting The Right Coverage

Texas Technology Companies Face Unique Insurance Challenges

Texas’s tech sector contributed $469.75 billion to the state’s economy in 2022, representing 19.6% of total GDP. This makes it a prime target. Cybercriminals know this.

Texans lost over $1 billion to cybercrime in 2023 alone, with AI-driven cyberattacks increasing by 135% in 2024.

The threat landscape is escalating rapidly. Major ransomware attacks now occur 20 to 25 times every day in 2024, up from just 5 per year in 2011.

Texas technology businesses aren’t just facing external threats—they’re navigating complex regulatory requirements too.

Texas data breach notification laws are strict. They’re costly. Businesses must notify affected individuals within 60 days of discovering a breach, and the Texas Attorney General must be notified within 30 days if the breach affects 250+ residents.

Civil penalties can reach $100 per individual per day for non-compliance, with a maximum of $250,000 per breach.

Your technology business needs specialized insurance coverage. Generic policies won’t work. They’re designed for traditional businesses, not the unique risks you face every day.

Built For Your Needs

Complete Insurance Protection for Texas Tech Businesses

Technology companies require a comprehensive insurance portfolio. It must protect against both traditional business risks and industry-specific exposures:

Professional Liability Insurance protects against errors and omissions in your services. Whether you’re developing software, providing AI consulting, or managing cybersecurity, clients can sue if your work causes financial losses.

Technology errors and omissions insurance averages $67 per month ($807 annually). This makes it an affordable safeguard against potentially devastating lawsuits.

Cyber Liability Insurance is essential coverage. Any business handling sensitive data needs this protection. This coverage protects against:

  • Data breaches
  • Cyberattacks
  • Notification costs
  • Credit monitoring expenses
  • Legal defense costs

With cyber threats targeting Texas businesses daily, this isn’t optional—it’s critical.

General Liability Insurance covers third-party claims. Bodily injury. Property damage. Average costs in Texas are $42 per month for general liability, providing foundational protection for your business operations.

Workers Compensation Insurance protects your employees. It protects your business from workplace injuries. Texas businesses pay an average of $32 per month for workers’ comp, though it’s not legally required in Texas.

Business Owners Policy bundles general liability and commercial property insurance at a discount. Often the most cost-effective option for growing technology companies.

We customize coverage specifically for software developers, AI companies, and cybersecurity firms. Your protection matters. We ensure you’re protected against the risks that matter most to your business.

20+ Years of Technology Business Insurance Expertise

The Allen Thomas Group has been simplifying insurance for technology companies for over two decades. We’re not generalists. We don’t try to understand your business from scratch.

We’re specialists who’ve been trusted by software developers, AI companies, and cybersecurity firms throughout our 20+ year history.

Our Smart & Easy approach eliminates complexity. Traditional business insurance is confusing. We make it simple.

We take the time to understand your specific:

  • Technology focus
  • Growth plans
  • Risk tolerance
  • Budget requirements

Then we create a customized insurance portfolio that protects your business without breaking your budget.

We serve Texas from our base in Ohio. This gives you access to local expertise combined with national reach across more than 20 states. This unique positioning means we understand both Texas-specific regulations and broader industry trends affecting technology businesses.

Unlike one-size-fits-all insurance agencies, we recognize that every tech company is different. An AI startup has different risks than an established cybersecurity firm. A software development company faces different exposures than a tech consulting practice.

We tailor our recommendations to your specific business model, not generic assumptions.

Our personalized service means you’ll work directly with experienced insurance professionals. We understand technology businesses. We’re here to guide you through coverage decisions, support you during claims, and adapt your protection as your business grows and evolves.

Navigate Texas Insurance Requirements with Expert Guidance

Texas technology businesses must comply with strict data breach notification laws. These can result in significant penalties for non-compliance. We help you understand these requirements.

We ensure your cyber liability coverage meets both legal obligations and business protection needs.

  • Technology focus
  • Client base
  • Data handling practices
  • Growth plans

We identify coverage gaps before they become problems and recommend solutions that provide comprehensive protection.

When claims arise, our experienced team provides guidance. We provide support throughout the process. We understand the unique challenges technology companies face and work to resolve issues quickly and efficiently.

Peace of mind comes from knowing your business is properly protected. With the right insurance coverage in place, you can focus on what you do best—growing your technology business. We handle the complex world of business insurance for you.

Ready to protect your Texas technology business? Contact The Allen Thomas Group today for a personalized insurance consultation. Our Smart & Easy approach will have you protected quickly and affordably. Coverage designed specifically for your industry’s unique risks.

Texas Technology Business Insurance Agency

Tailored Technology Insurance Solutions Built For Your Texas Company Even If It Is Just A Start Up

Yes, It's Really That Easy

We know how frustrating and complex the process of finding the right commercial insurance can be and how it slows down your ability to take care of your customers.

Let us help engineer a policy that works for you.

Step 1: Assess

Tell us about your specific needs and we will find the right policy for you.

Step 2: Review

Review the results of our search.

Step 3: Service

We will walk you through your new policy step by step.

Our happy customers

We’ve helped thousands of Companies Just Like You

Our Commercial Insurance Carrier Partners

WE HAVE PERSONAL CONTACTS WITH THESE TRUSTED A-RATED INSURANCE COMPANIES

That allows us to find the best rates for your technology company.

Protect Your Texas Technology Business Today

The Allen Thomas Group provides comprehensive insurance solutions specifically designed for Texas technology companies.

With 20+ years of experience serving software developers, AI companies, and cybersecurity firms, we simplify the insurance process. We ensure complete protection.

Don’t leave your business vulnerable to cyber threats and regulatory penalties. Contact our independent insurance agents today by calling (440) 826-3676 and get your personalized technology business insurance consultation.

Understanding Policies In More Detail and Frequently Asked Questions

Get More Insights On Making The Right Insurance Decision For Your Tech Company

Getting started is simple. Our Smart & Easy approach works. Contact The Allen Thomas Group for a personalized consultation where we’ll assess your specific technology business needs, review your current coverage, and provide customized recommendations.

Our experienced team understands the unique risks facing software developers, AI companies, and cybersecurity firms, ensuring you get the right protection quickly and affordably.

Texas technology businesses typically need:

  • Professional liability insurance (errors & omissions coverage)
  • Cyber liability insurance for data breaches
  • General liability coverage
  • Workers compensation if you have employees

Software developers, AI companies, and cybersecurity firms face unique risks requiring specialized coverage. We create comprehensive insurance portfolios that protect against both traditional business risks and technology-specific exposures like system failures and data security breaches.

Texas law is strict. Businesses must notify affected individuals within 60 days of discovering a data breach. If the breach affects 250 or more Texas residents, you must also notify the Texas Attorney General within 30 days.

Non-compliance can result in civil penalties up to $100 per individual per day, with maximum penalties of $250,000 per breach. Cyber liability insurance helps cover these notification costs and legal requirements.

Technology errors and omissions insurance averages $67 per month. General liability costs around $42 monthly. However, costs vary based on your specific business model, revenue, employee count, and coverage needs.

We provide customized quotes that reflect your actual risk profile, ensuring you get comprehensive protection at competitive rates tailored to your technology business.

We’ve specialized in serving technology businesses for over 20 years. We’ve earned trust from software developers, AI companies, and cybersecurity firms.

Our Smart & Easy approach simplifies the complex insurance process while providing personalized service. You won’t find this with larger agencies. We understand Texas regulations and technology industry risks, creating customized solutions that protect your business as it grows.

Our Commercial Insurance Agents Craft Policies To Protect The Following Technology Companies in Texas

Locations In Texas We Serve Tech Company Entrepreneurs

Abilene

Allen

Amarillo

Arlington

Atascocita

Austin

Baytown

Beaumont

Bedford

Brownsville

Bryan

Burleson

Carrollton

Cedar Hill

Cedar Park

Channelview

Cibolo

Cleburne

College Station

Conroe

Coppell

Copperas Cove

Corpus Christi

Dallas

Deer Park

Del Rio

Denton

DeSoto

Duncanville

Edinburg

El Paso

Euless

Farmers Branch

Flower Mound

Fort Worth

Friendswood

Frisco

Galveston

Garland

Georgetown

Grand Prairie

Grapevine

Haltom City

Harker Heights

Harlingen

Houston

Huntsville

Hurst

Irving

Keller

Killeen

Kyle

La Porte

Lancaster

Laredo

League City

Leander

Lewisville

Little Elm

Longview

Lubbock

Lufkin

Mansfield

McAllen

McKinney

Mesquite

Midland

Midlothian

Mission

Mission Bend

Missouri City

Nacogdoches

New Braunfels

North Richland Hills

Odessa

Pasadena

Pearland

Pflugerville

Pharr

Plano

Port Arthur

Richardson

Rockwall

Rosenberg

Round Rock

Rowlett

San Angelo

San Antonio

San Juan

San Marcos

Schertz

Sherman

Socorro

Southlake

Spring

Sugar Land

Temple

Texarkana

Texas City

The Colony

The Woodlands

Tyler

Victoria

Waco

Waxahachie

Weatherford

Weslaco

Wichita Falls

Wylie