FAQ_category: (HIDDEN) Industry FAQs

On average, software developers pay between $500-$1200 a year for protection.   

Cost can vary depending on your: 

• Location 

• Size 

• Value of Equipment and Tools 

Gild will work with you to find the right tailored coverage that fits your budget and your needs. 

Software developers often require a combination of policies to protect both services and assets: 

• General Liability Insurance: Covers third-party bodily injury or property damage incidents, such as a client tripping over office equipment. 

• Professional Liability (E&O): Protects against claims of mistakes or faulty code that result in client losses. 

• Cyber Liability Insurance: Covers data breaches, ransomware incidents, privacy violations, and related recovery costs. 

• Business Owner’s Policy (BOP): Bundles general liability and commercial property insurance—and typically includes business interruption coverage—for greater value. 

• Workers’ Compensation Insurance: Required if you have employees; covers injuries like repetitive strain or falls. 

These coverages form the foundation of protection for developers who handle data, deliver code, and operate from offices or client environments. 

Yes! Proper policies protect you from liabilities involving others at your events: 

• General Liability covers injuries to guests—like slips, burns, or event-related damage. 

• Product and Vendor Liability protects if a vendor’s service or product causes harm. 

• Professional Liability helps if an attendee claims your planning triggered a financial or health-related issue. 

• Workers’ Compensation covers your team members or assistants injured while working. 

With Gild, you can rest easy knowing your policy covers both your team and every attendee that walks through the door. 

Yes! Even solo operators face significant risks from: 

• Campaign mistakes or underperformance 

• Unintentional copyright or defamation issues 

• Data breaches involving client information 

• Client-sited incidents during in-person meetings  

Professional liability (E&O), general liability, and cyber liability are highly recommended—even for freelancers—to safeguard against costly legal claims and reputational damage 

On average, event planners pay between $500-$1200 a year for protection.   

Cost can vary depending on your: 

• Location 

• Size 

• Value of Equipment and Tools 

Gild will work with you to find the right tailored coverage that fits your budget and your needs.