Cyber Liability

Cybersecurity insurance, also referred to as "cyber risk insurance" or "cyber liability insurance," offers protection to businesses against losses stemming from computer or technology-related incidents. This coverage can include events such as phishing or ransomware attacks, or the loss or theft of a laptop containing sensitive data.

For businesses that

  • Accept electronic payments

  • Have a website

  • Use electronic devices

  • Store customer private data

  • Store financial data

  • Store medical records digitally

What is covered under most policies?

  • Ransom demands and cyber extortion incidents

  • Lost business income and data recovery costs

  • Expenses related to addressing a data breach

  • Expenses related to notifying affected individuals

  • Expert assistance for breach response and damage containment

How much?

We have bound policies for as low as $400/yr with the following parameters:

  • $250,000 limit

  • $1,000 deductible

  • Mental Health Clinic with $2,000,000 in annual revenue

To as high as $2,100/yr:

  • $1,000,000 limit

  • $5,000 deductible

  • Real Estate Brokerage with $5,000,000 in annual revenue