Cyber Liability Insurance
Protect your business from digital threats.
Get comprehensive cyber coverage that shields your business from data breaches, ransomware attacks, and costly digital incidents.
Licensed agents help you navigate cyber risks and find coverage that matches your digital exposure.
Talk to a business insurance specialist
Licensed agents who understand your industry and get you competitive quotes fast.
Cyber Insurance Explainer
Everything you need to know about Cyber Insurance
Cyber insurance has become essential for any business that stores customer data, processes payments, or relies on computer systems—yet many business owners underestimate their exposure or assume they're too small to be targeted. Whether you're running an e-commerce site, a medical practice, or a professional services firm, understanding how cyber coverage works helps you protect your business from breaches, ransomware, and the regulatory fallout that can devastate even well-established companies.
At its core, cyber insurance covers two types of losses: first-party (your direct costs) and third-party (claims against you). First-party coverage pays for breach notification, forensic investigation, data recovery, business interruption, and ransomware payments. Third-party coverage protects you when customers, regulators, or business partners sue you for failing to protect their data. A single breach can cost hundreds of thousands in notification costs, credit monitoring, legal fees, and regulatory fines—even for small businesses.
The key to getting the right coverage is understanding your specific cyber risks and choosing limits that reflect your data exposure. Businesses handling sensitive data (healthcare, financial, legal) typically need higher limits and broader coverage. Retailers and e-commerce companies need strong PCI DSS and payment card breach coverage. All businesses should consider social engineering coverage, which protects against fraudulent fund transfer schemes that bypass traditional security. Ready to protect your business from the cyber threats that are increasingly targeting companies of all sizes?
How it works
From assessment to coverage in days
Our streamlined process evaluates your digital risks and connects you with carriers who specialize in cyber coverage for your industry.
Step 1
Share your digital footprint
Tell us about your data types, systems, security measures, and previous incidents so we can assess your cyber risk profile.
15-minute assessment
Step 2
Compare tailored cyber quotes
Review coverage options from carriers who understand your industry, with clear explanations of what each policy covers.
Same-day quotes
Step 3
Bind and stay protected
Get coverage with incident response resources, 24/7 breach hotlines, and proactive security recommendations included.
Instant coverage
Key decisions
What every business owner should know
Learn how cyber insurance protects your business from data breaches, ransomware, and regulatory penalties.
Breach costs add up fast
Understand notification requirements, forensic investigation costs, and regulatory fines that can reach hundreds of thousands.
Ransomware response
See how cyber policies cover ransom payments, data recovery, and business interruption when attackers lock your systems.
Social engineering protection
Learn about coverage for fraudulent fund transfers and business email compromise schemes that trick employees.
Incident response included
Discover how policies include breach coaches, forensic experts, and PR crisis management when incidents occur.
Professional support
Agents who understand digital risk
Our network of independent business insurance specialists understands cyber exposures and works with carriers that specialize in your industry.
- Agents who understand your industry-specific cyber risks
- Help navigating coverage options and policy language
- Guidance on security requirements and risk mitigation
- Support for claims and incident response coordination
Need cyber coverage to meet a client contract? We'll fast-track your quote and certificates.
Common questions
Cyber Insurance FAQs
Do I need cyber insurance if I have a small business?
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Yes. Small businesses are increasingly targeted because they often have weaker security. 43% of cyber attacks target small businesses, and the average cost of a data breach for small companies is over $120,000. Even basic cyber coverage provides critical protection and incident response resources.
What's the difference between cyber insurance and data breach coverage?
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Data breach coverage is one component of cyber insurance. A comprehensive cyber policy also covers ransomware, business interruption, system failure, social engineering fraud, and third-party liability. Data breach coverage alone may leave significant gaps in your protection.
How much cyber insurance do I need?
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Coverage needs depend on your data volume, industry, and regulatory environment. Most small businesses start with $1 million limits. Healthcare, financial services, and businesses with large customer databases often need $2-5 million. Your agent can help assess appropriate limits.
Does cyber insurance cover ransomware payments?
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Most cyber policies cover ransomware payments, though some have sub-limits or require pre-approval. More importantly, coverage includes forensic investigation, data recovery, business interruption, and extortion negotiation services that help minimize damage and get you back online.