Tech E&O vs Product Liability: Which Applies to Software?
Tech E&O addresses customer financial loss from failed software or services; product liability addresses bodily injury or property damage caused by products.
Tech E&O addresses claims that technology products or services failed and caused a customer financial loss. Product liability generally addresses bodily injury or property damage caused by a product, including connected hardware.
For software embedded in a physical product, describe the digital service and the manufactured or distributed item separately. Compare the definitions of technology product, professional services, product, bodily injury, and property damage, plus electronic-data, professional-services, and product exclusions across both policies.
3 documents, numbered as cited. Open the sources