INSURANCE 101

At What Milestone Does My Startup Need Business Insurance?

10 MIN READ
At What Milestone Does My Startup Need Business Insurance?
“With Vouch, we were able to get the exact coverage we needed without weeks of paperwork — and get the peace of mind that comes with being properly covered.”
A green check mark
Instant coverage & limit advice
A green check mark
Tailored to your stage and vertical
A green check mark
Pricing in minutes
APPLY NOWTalk to an advisor

Find the right type of business insurance coverage for your startup when it matters most.

As your startup grows, so does your risk. Business insurance for startups helps entrepreneurs protect their investors, customers, employees, property, and their company from liability and lawsuits. But what type of insurance do you need, when, and why? Below, find out the most common types of insurance for every stage of your business growth. 

Closing a Round

Whether you’ve raised a seed round or your Series A, investors often require that you limit their liability. Common types of insurance required by investors are:

Signing Customer Contracts

When you acquire new customers, they depend on your product. Should it fail or have down-time, your company could be responsible for financial damages your product may have caused. You are also required by law to protect your customer data and their personally identifiable information. Depending on your industry, here are the types of insurance you may need:

Hiring Employees

As your startup scales, so does your team. In order to help protect your company and workforce in the event of a wrongful termination claim, workplace harassment claim, wage and hour disputes, an accident, or an illness, you need these types of insurance in place: 

Signing a Lease or Financial Account

If you’re signing a business lease, starting a business banking account, or requesting a business loan, banks and landlords typically require insurance that protects your property, your business, and their liability. These are the types of insurance required by both institutions:

“With Vouch, we were able to get the exact coverage we needed without weeks of paperwork — and get the peace of mind that comes with being properly covered.”
A green check mark
Instant coverage & limit advice
A green check mark
Tailored to your stage and vertical
A green check mark
Pricing in minutes
APPLY NOWTalk to an advisor
VOUCH IS THE INSURANCE OF TECH
Get instant guidance based on your stage and vertical.
GET COVERAGE RECOMMENDATION
HOW IT WORKS

How to get business insurance from Vouch.

01
Start online application in as little as 10 minutes.
02
Questions? Speak with your dedicated insurance advisor.
03
Activate coverage and modify as you grow.
START APPLICATION
Directors & Officers
See Recommended Limit & Features
Which best describes your fintech startup?
What’s your stage?
How much revenue do you estimate this year?
$100K - $250K
Get Recommendation
Analyzing coverages & limits
1
/
3
Back
Thank you for completing the calculator!
Reset Results
Oops! Something went wrong.
Directors
& Officers
We’ve prepared a limit recommendation and highlighted important coverage features for your payments startup. These features are commonly excluded by other insurers.
LIMIT
$1M
The highest amount your insurance will pay for a covered claim.
IMPORTANT FEATURES
  • In the case that your investors sue you, Vouch D&O does not include an Insured v. Insured exclusion.
  • In the case that your investors sue you, Vouch D&O does not include an Insured v. Insured exclusion.
  • In the case that your investors sue you, Vouch D&O does not include an Insured v. Insured exclusion.
EST. COST PER YEAR
$7,236 to $13,892
APPLY NOW
MARKET TRENDS
The market for D&O hardended.The market for D&O hardended.The market for D&O hardended.The market for D&O hardended.The market for D&O hardended.The market for D&O hardended.
How much does it cost?
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.