Cyber Liability Insurance
Cyber Liability Insurance Information
Many businesses today use technology in some form to run their day-to-day operations. Whether it’s processing customer payments, sending out email marketing campaigns or hosting a website, technology has become a critical component of many businesses.
If your business uses technology in any way, you should consider purchasing cyber liability insurance. Cyber liability insurance can help your business if it’s burdened financially by a cyber attack. Our agents at Legacy Insurance Broker are here to help you get started.
What Does Cyber Liability Insurance Cover?
Cyber liability insurance covers costs associated with data breaches and cyber attacks. Covered expenses can include the following:
Coverage per policy may vary, so connect with an agent about your coverage needs.
Why Do Businesses Need Cyber Insurance?
Any company that uses technology in its day-to-day operations can fall victim to cyber attacks. Without the proper insurance coverage, the financial blow can be devastating.
Hackers who gain access to networks, stored data and websites may be able to lock you out and threaten to destroy your files and expose your customers’ data. Exposure of your customers’ information after a data breach could also trigger liability for third-party damages. Cyber insurance may help cover the costs associated with recovering your files and rebuilding your system.
How Much Does Cyber Liability Insurance Cost?
Insurance companies determine cyber liability policy premiums using several factors:
Get Started With Cyber Liability Insurance
Protecting your business from cyber risks is as crucial as protecting your business against any other type of risk. Reach out to a Legacy Insurance Broker agent to get started with coverage.
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