MSP insurance

small business owner protected by msp insurance

Comprehensive MSP Coverage Solutions Made for Your Business

Your clients rely on you to stay online around the clock. But with constant security threats and everyday operational risks, business insurance is key to your success. With MSP insurance, you can keep your clients online and help protect your business.
 
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small business owner protected by msp insurance

Why Do You Need MSP Insurance?

Managed service providers (MSPs) face unique challenges every day. Whether it’s data breaches, client disputes or the challenges that come with outsourcing services, these risks can come up during normal operations.
MSP insurance is a collection of business insurance coverages designed to help protect you from various risks. The Hartford designed its insurance solutions to meet the unique needs of the technology industry.
small business protected by msp cyber insurance

Who May Need MSP Insurance?

The Hartford's MSP insurance can help protect many technology businesses, including:
 
  • IT providers
  • Cybersecurity service providers
  • Cloud service providers
  • VoIP and telecom MSPs
small business has msp coverage protection

What Kind of Insurance Do IT Professionals Need?

Many MSPs start with a Business Owner's Policy (BOP), which can help protect you from claims of bodily injury or property damage made against your company.
A BOP combines three types of coverage into a single policy:
 
  • General liability insurance helps protect your business from claims that it caused bodily injury or property damage.
  • Commercial property insurance helps protect your owned or rented building, as well as equipment, tools and supplies that your MSP business relies on to operate, including:
    • Computers
    • Network equipment, such as routers, switches and server stacks
    • Hard drives
    • Phones
    • Surge protectors
  • Business income insurance helps replace your lost income if you can't operate because of property damaged caused by fire, theft or wind.
It's important to remember that a BOP won't cover every kind of claim. You'll need other types of coverage to create well-rounded protection for your MSP business. This may include:
 
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How Much Does MSP Insurance Cost

The cost of MSP broker insurance varies because every managed service company is different and has unique coverage needs. Here are the average costs The Hartford's customers in this industry pay for common insurance coverages:**
 
  • BOP: $1,687 a year, or about $141 a month
  • Standalone general liability insurance: $810 a year, or about $68 a month
  • Workers’ compensation insurance: $1,032 a year, or about $86 a month
Keep in mind that the cost of business insurance varies because everyone has unique needs. Insurers also use different factors to determine rates. So, what you pay may be different from the average. The best way to find out your insurance cost is to get a quote.
business protected by insurance for msp

Here for You 24/7

We know how busy you are. That's why we've made it easy to get proof of insurance online when you need it.

Covering Your Operations

From sensitive data breaches to client disputes, unforeseen incidents can pose a serious challenge to your business. The right insurance coverage helps protect your operations, giving you the confidence to tackle tech problems head-on and maintain client trust.
68% of data breaches involved a non-malicious human element, like a person making an error or falling for a social engineering attack.2
Data Breach Insurance for msp businesses

Data Breach Insurance

“Our business accountant got an invoice from a vendor. She clicked on the link in the email and logged in. She realized afterwards that the email was a scam, and the hackers stole client information that we store.”
 
Data breach insurance helps you respond to a breach if personally identifiable information (PII) or protected health information (PHI) gets lost or stolen. It can cover breaches from a hacker breaking into your network or an employee accidentally leaving their laptop at a restaurant.
Technology Professional Liability Insurance for msp businesses

Technology Professional Liability Insurance

“Unfortunately, our QA team missed a bug in one of our software updates. Our clients’ systems were miscalculating financial data for hours before we caught it.”
 
Technology professional liability insurance helps protect your business from claims that it made a mistake in the professional services given to clients.

Taking Care of Your Team

With the fast-paced nature of the tech industry, your employees face daily risks on the job. MSP coverage can help support your team and give them peace of mind.
There were approximately 3 million workplace injuries in the U.S. in 2022.3
workers' compensation insurance for msp businesses

Workers’ Compensation Insurance

“One of our network administrators cut his hand while setting up a server. He had to go to the nearest urgent care to clean the cut and get stitches.”
 
Workers’ compensation insurance gives your team benefits to help them recover from work-related injuries or illnesses. It can help cover their medical bills and replace lost wages. With The Hartford, your employees also have access to a network of over 1 million providers and 65,000 pharmacies.
Commercial Auto Insurance for msp businesses

Commercial Auto Insurance

“My field tech got into an accident while driving to our client’s office. She was fine, but the other driver sued our business.”
 
Commercial auto insurance can help protect your MSP business on the road if you use company-owned vehicles for work. It can help cover property damage and bodily injury claims from an accident.

Protecting Your Property

From computers and servers to office equipment and furniture, your MSP business relies on various types of company property to be successful. The right coverage ensures that unexpected events like damage, theft or accidents don’t derail your progress.
On average, there are 16,500 office and store fires in the U.S. each year.4
commercial property insurance for msp businesses

Commercial Property Insurance

“We had an electrical fire in one of our server rooms and lost a lot of valuable equipment. We also had to deal with the smoke and fire damage to the building.”
 
Commercial property insurance helps protect your business' equipment and supplies from loss or damage caused by events like storms, fires or vandalism.
business income insurance for msp businesses

Business Income Insurance

“A storm rolled through and blew a tree down onto the roof of our business. We couldn't open for weeks while they removed the tree and fixed any damages inside.”
 
Business income insurance helps replace lost income, which you can use to pay for operational expenses, like payroll and utilities.

MSP Coverage That Works for You

As an insurance company with more than 200 years of experience, The Hartford understands the complexities of your work and the risks that come with it. That’s why we offer comprehensive insurance solutions designed specifically for managed service providers.
 
Find out more about other tech professions we can help protect:
 

Frequently Asked Questions About MSP Insurance

MSP insurance is a collection of business insurance coverages that helps protect your business from various claims. For example, if you accidentally damage a client’s computer, general liability insurance can help cover the repair costs. You can also get other types of coverage to increase your protection. For example, as an MSP, cyber insurance can be beneficial to your business by helping you respond to a data breach.
Without MSP insurance, your company would have to pay out of pocket for costly legal claims, medical bills and damages. For many businesses, this could be financially devastating. Also, many states require certain types of coverage. For example, if you have employees, most states require workers' comp coverage. If your business isn't compliant, you could face penalties or fines.
The best way to get business insurance for your MSP business is to get a quote online from The Hartford.
small business owner getting msp insurance quote

Get MSP Insurance Today

Get the coverage you need to successfully scale your business.
 
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Last Updated: April 10, 2025
** Costs, premiums, and coverages mentioned are estimates and are not guaranteed. Actual cost, premium, and coverage are determined at the time of quote or issue and are specific to an individual risk. Premiums are based on information provided to The Hartford, including, but not limited to, underwriting and rating criteria. All examples included on this website or in an advertisement are intended for informational purposes only and are not an offer or a guarantee of premium or coverage. Coverage and products described are subject to the terms and conditions found in the policy contract. Any educational information provided about available coverages does not modify the policy language or imply that any claim is covered. Products are not available in all states or for all businesses.
2 Verizon, "2024 Data Breach Investigations Report"
 
3 Bureau of Labor Statistics, “Employer-Reported Workplace Injuries and Illnesses, 2022”
 
4 U.S. Fire Administration, “Workplace Fire Safety”
This page outlines in general terms the coverages that may be afforded under a policy from The Hartford. All policies must be examined carefully to determine suitability for your needs and to identify any exclusions, limitations or any other terms and conditions that may specifically affect coverage. In the event of a conflict, the terms and conditions of the policy prevail.
 
All Hartford coverages and services described on this page may be offered by one or more of the property and casualty insurance company subsidiaries of The Hartford Insurance Group, Inc. In Arizona, California, New Hampshire, Texas, and Washington by Hartford Fire Insurance Company, Hartford Casualty Insurance Company, Hartford Accident & Indemnity Company, Hartford Underwriters Insurance Company, Twin City Fire Insurance Company, Pacific Insurance Company, Limited, Sentinel Insurance Company, LTD (CA license #8701), Hartford Lloyd's Insurance Company, Hartford Insurance Company of Illinois, Hartford Insurance Company of the Midwest, Trumbull Insurance Company, Hartford Insurance Company of the Southeast, and Property & Casualty Insurance Company of Hartford and its property and casualty insurance company affiliates, One Hartford Plaza, Hartford, CT 06155.
 
Additional disclosures below.
The Hartford shall not be liable for any damages in connection with the use of any information provided on this page. Please consult with your insurance agent/broker or insurance company to determine specific coverage needs as this information is intended to be educational in nature.
 
The information contained on this page should not be construed as specific legal, HR, financial, or insurance advice and is not a guarantee of coverage. In the event of a loss or claim, coverage determinations will be subject to the policy language, and any potential claim payment will be determined following a claim investigation.
 
Certain coverages vary by state and may not be available to all businesses. All Hartford coverages and services described on this page may be offered by one or more of the property and casualty insurance company subsidiaries of The Hartford Insurance Group, Inc. listed in the Legal Notice.
 
The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, CT. For additional details, please read The Hartford’s Legal Notice.
 
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