The most important item for an information technology professional to get is professional liability insurance. This is one expense that is often overlooked due to IT professionals trying to keep overhead down and the idea that tech insurance is unnecessary for their field. This kind of thinking is a big mistake that can cost you everything.

Liability Insurance for IT professionals is relatively inexpensive, costing approximately $500 for a Business Owners policy, which includes both General Liability and Property Insurance. I have seen IT professionals who have been able to obtain a Business Owners policy for as little as $350, making this purchase easy on any budget.