Cyber Liability Insurance
Cyber Liability Insurance Information
Almost every business today has a web presence, whether that’s a website or online store, or anything else in between. In an age where a stolen laptop or hacked account can instantly compromise the personal data of thousands of customers, or an ill-advised post on a social media site can be read by hundreds in a matter of minutes, protecting yourself from cyber liability is crucial. It is just as important as some of the more traditional exposures businesses account for in their general commercial liability policies.
Bruening Insurance Agency is here to help you identify your cyber liability insurance needs and find a policy that offers appropriate protections. Give us a call at 800-293-0131 to speak to an agent today.
What Does Cyber Liability Insurance Cover?
Commercial liability insurance helps a business compensate others if an internal data loss incident occurs and puts third-party personal security on the line. Whether this loss occurs due to a cyberattack or another form of data loss, cyber liability coverage may help pay for:
Stolen data retrieval and recovery
Reimbursement of fraudulent charges
Identity protection services for customers at risk of identity theft
Damage control for your business’ reputation
Legal fees associated with the attack
Damaged hardware is generally not covered by cyber liability insurance. Speak with your insurance agent to learn how to protect against this type of loss.
Why Is Cyber Liability Insurance Important?
Data is susceptible to any type of damage or theft if it is collected and stored on a computer. This can result in a significant financial or informational loss for your company. Having cyber liability insurance won’t stop these issues from happening. Rather, it will help you respond to these data losses to prevent challenges for your business and other affected third parties. Cyber liability insurance will ensure the policyholder can do so at as minimal a financial loss as possible.
Get Covered Today
Bruening Insurance Agency has been serving Florida for more than 50 years and is here to help you manage your cyber liability risks. Call us at 800-293-0131 to learn about different policies and get a free quote.