What is Cyber Insurance?

Cyber insurance covers your business’ liability for a data breach that includes sensitive customer information. This could include things like Social Security numbers, credit card numbers, account numbers, driver’s license numbers and even medical records.

Why doesn’t my general liability insurance cover cyber liability?

General Liability covers bodily injuries and damage to property which is a result of your products, services or operations. Be sure to check your policy because cyber insurance is usually not included in your general liability policy.

What Does Cyber Insurance Cover?

Many well-known insurance companies offer cyber insurance policies. We work with top carriers in the country to make sure your needs are met.

Like any business insurance, coverage varies by insurer and policy, but it often includes:

  • Legal fees and related expenses

  • Restoring personal identities of affected customers

  • Notifying customers about a data breach

  • Repairing damaged computer systems

  • Recovering compromised data

Cyber Liability Insurance
Cyber Liability Insurance

Cyber Liability Coverages

When comparing cyber insurance policies, keep these key points in mind:

  • Compare deductibles across insurers.

  • Choose stand-alone coverage for broader protection.

  • Check if third-party providers are included.

  • Ensure all cyberattacks are covered, not just targeted ones.

  • Confirm coverage for employee errors.

  • Look for protection against phishing and social engineering.

 

If you’re exploring cyber insurance for your business, call our office or visit our quotes page today.

Get Started with a Cyber Quote

To get started on your quote, click below to start our online cyber liability quote form.