Cyber Liability Insurance
Cyber Liability Insurance Quote Forms
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Cyber Liability Insurance Information
Every business using technology experiences cyber risks. These risks can manifest in cyberattacks, ransomware attacks and data breaches that threaten your company’s reputation and financial stability.
Cyber liability insurance can help your business recover if a cyberattack occurs. Contact Epic One Insurance in East Dundee, Illinois, to learn more about our cyber liability insurance policies.
What Is Cyber Liability Insurance?
Cyberattacks could cause your business to close temporarily, resulting in lost income. They can also leave you vulnerable to costly fines and legal fees if you’re sued by your customers. Cyber liability insurance can provide a range of coverage options to help protect your business from costs associated with cyber-related incidents.
What Does Cyber Liability Insurance Cover?
Your business may be legally required to notify your customers if a data breach occurs, but informing your customers can be expensive, especially if you’re still recovering from the aftermath of a breach. Fortunately, cyber liability insurance can help.
The following list contains some typical expenses covered under a standard cyber liability insurance policy:
- Legal fees
- Customer notification costs
- Data recovery costs
- Repair costs for damaged operating systems
- Credit monitoring costs
- Personal identity restoration costs
Cyber-attacks can cause reputational damage that could result in lost customers. Effectively managing a cyber attack can help rebuild trust with your clients.
Who Needs Cyber Liability Insurance?
Nearly every business could benefit from cyber liability insurance. Cyberattacks are frequent and becoming even more common. When companies are unprepared, the cost of a cyber attack could put them out of business.
Get the Protection You Need
Don’t let cyber criminals catch you off guard. Contact Epic One Insurance to learn how our cyber liability insurance policies can protect your business and to get a customized insurance quote.