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Did You Know
In the U.S., 55% of small businesses have experienced a data breach and that 53% have had multiple breaches?
What is Cyber Liability Insurance?
Cyber liability insurance is a policy that provides a company with a combination of coverage options to protect the business from data breaches, and cyber security threats and issues. It’s not a matter of if your organization will suffer a breach, but when and how severe it will be.
Will My General Liability Policy Cover a Cyber Attack?
General liability insurance covers bodily injuries and property damage resulting from your products, services or operations. Cyber insurance is often excluded from a general liability policy.
What Can Cyber Liability Insurance Cover?
Cyber liability insurance can cover a variety of costs associated with cyber-attacks and data breaches experienced by your business. While specific coverage can vary, cyber insurance typically helps with:
- Recovering compromised data
- Restoring personal identities of affected customers
- Notifying customers about a data breach
- Repairing damaged computer systems
- Lost income due to cyber event
Specific coverage can vary greatly depending on the policy, coverage selected, and specific needs of a business. Find the right Cyber Liability Insurance for the needs of your organization by speaking with an insurance agent.
Offices Across the Lone Star State
Learn more about our other Texas offices, locations, and services today! Since 1949, The Nitsche Group has provided Texans personal, commercial, and industry specialty insurance.
Stop by anytime to say “hello” or to speak with one of our team members about finding an insurance solution for your needs. We are always happy to chat. To speak to an insurance professional in your area or to get a quote for your commercial or personal insurance needs, give us a call.
