Hi Isabel,

I have a General Business Liability policy that covers me as a sole proprietor. It costs under $300 per year. I was able to get this through my local Nationwide office. I don't carry E&O because I don't work on "high risk" (realtime applications, lottery systems, life support systems, financial/banking apps) projects. I have pretty thorough contracts to help me avoid needing this type of coverage. I also make it a priority to keep my clients happy.

You might want to check out www.techinsure.com. Do a search for E&O and see what you come up with. I got quotes about 3 years ago. They ranged anywhere from $1200-$3000. The premium quotes will vary depending on the type of work you do, how much income you generate, the type of applications you write.

HTH,
Jacci

>I am about to purchase insurance for my small software company, and have learned from the agent that liability, E&O, and similar coverage has gone through the roof.
>
>Not wanting to spend all my marketing money on insurance...does anyone have recommendations for insurance companies, options, etc you may have turned to to manage these increasing costs?
>
>Thanks,
>Isabel