What Technology Equipment Should I Buy First?
- Nate Jones, CPCU, ARM, CLCS, AU
- Oct 24
- 2 min read
Starting a technology services business—whether it's IT support, managed services, software development, or cybersecurity—requires more than just technical skills. You need the right equipment to deliver reliable service, maintain security, and scale efficiently.
At Wexford Insurance, we specialize in helping tech businesses protect their operations with tailored insurance solutions. In this guide, we’ll walk you through the essential technology equipment to invest in first—and how insurance can protect those assets.
Why Choosing the Right Equipment Matters
The equipment you choose impacts your:
Service quality
Operational efficiency
Data security
Scalability
Professional image
Starting with the right tools helps you avoid costly upgrades, downtime, and client dissatisfaction.
Essential Technology Equipment for New IT Businesses
Here’s a breakdown of the core equipment most tech startups should prioritize:
1. Reliable Computers or Laptops
Your computer is the heart of your business. Choose machines with fast processors, ample RAM (16GB+), and SSD storage.
Desktops: Ideal for office-based roles needing high performance
Laptops: Great for remote work and mobility
Workstations: Necessary for data-heavy tasks like engineering or analytics
Read More: Norton’s guide to IT essentials for small
2. Networking Equipment
A secure and fast network is non-negotiable.
Routers and switches
Firewalls for cybersecurity
VPNs for remote access
3. Data Storage Solutions
Protect your data with scalable storage options.
External hard drives for backups
NAS (Network-Attached Storage) for team access
Cloud storage for remote access and redundancy
Read More: OneWorldRental’s guide to IT equipment
4. Cybersecurity Tools
Protect your business from threats with:
Antivirus software
Firewalls
Encryption tools
Two-factor authentication
Read More: Datalink Networks’ IT checklist
5. Business Software
Invest in tools that streamline operations:
Project management (e.g., Asana, Trello)
CRM (e.g., HubSpot, Zoho)
Accounting (e.g., QuickBooks, Xero)
Communication (e.g., Slack, Zoom)
Read More: UXtweak’s list of startup tools
How Insurance Protects Your Technology Equipment
Your equipment is a major investment—and it needs protection. At Wexford Insurance, we help tech businesses secure the right coverage from day one.
Here are the key insurance types to consider:
General Liability Insurance – Covers third-party bodily injury and property damage claims
Professional Liability Insurance (Errors & Omissions) – Protects against claims of negligence or mistakes in your services
Commercial Auto Insurance – Covers vehicles used for business purposes
Commercial Property Insurance – Protects your office space, equipment, and inventory
Workers Compensation Insurance – Required if you have employees; covers workplace injuries
Equipment Insurance – Covers laptops, servers, and other tech gear against theft or damage
Final Thoughts
Starting a technology services business is exciting—but it’s also a serious investment. Choosing the right equipment helps you deliver quality service, build trust, and grow efficiently. And protecting that equipment with the right insurance ensures your business stays resilient.
If you're launching or scaling your tech business, reach out to Wexford Insurance. We’ll help you find affordable, specialized coverage that fits your needs.
Contact us today.
