In some ways, striking a business deal is like driving a car. You never know which time you get behind the wheel could result in an accident. Contracts are like seatbelts. They may not prevent a dispute from happening, but when one does crop up, they may protect you from the full impact of the financial blow.
In short, always use contracts. They can only stand to protect you. And for extra protection, be sure you have Errors & Omissions Insurance to shield you from the financial burden that accompanies breach of contract claims. To get quotes tailored to your IT business's risks, submit an online insurance application with Insureon today.