Cyber Liability Insurance
The threat of a cyberattack hangs over everyone online. Our agents provide coverage to protect you from the devastating effects of scams and system insecurities.
Why does your business need it?
- Cyberattacks are increasingly common and costly
- Get help to recover from data breaches quickly
- Safeguard your reputation and customer trust
- Meet regulatory requirements and reduce risk
What does our coverage do?
- Protects against data breaches and cyberattacks
- Covers the costs of incident response and recovery
- Offers financial protection from cyber threats
- Provides legal and regulatory compliance support
This is your friendly wake-up call.
Today’s cyberthreats are reshaping the business landscape. Are you keeping up? Discover the insights you need to stay ahead in our Cost of a Click guide.
Be prepared for anything online.
When you’re insured against digital threats and vulnerabilities, you’re free to really focus on the future without worrying about what might happen to your business, employees or customers.
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Phishing & smishing
One wrong click on a fake invoice or email can expose logins and accounts, draining funds or leaking sensitive data.
Ransomware lockouts
Criminals can freeze your files and demand payment to restore them, stopping sales, billing and customer access instantly.
Data breaches
Hackers stealing customer or employee data can spark lawsuits, fines and weeks of downtime as systems are repaired.
Reputation damage
Publicized incidents can erode customer confidence, reduce referrals and impact future partnerships.
System downtime
Lost access to servers or payment systems can freeze business operations, disrupt supply chains and cause long-term revenue loss.
Our cyber liability insurance options include
First-party
Shield your business from the cost of investigations, legal fees and the other expenses of a data breach involving sensitive customer information.
Third-party
Protect yourself from being sued by a customer, vendor, partner or other party for allowing a data breach to occur.
Industry
Gain coverage relevant to your sector, such as healthcare, financial services, retail and nonprofit organizations.
Frequently asked questions about cyber insurance
It’s a liability policy that protects businesses against financial losses caused by cyber breaches.
All businesses that store sensitive data online or on computers. Think credit card numbers, social security data, health records and customer data.
It depends on your policy. Most will reimburse you for network security, hiring legal counsel, paying a forensics vendor and restoring data and operations.
No. That’s the purpose of a cyber liability policy. However, you can add cyber insurance rider to your existing business owner’s policy. Or you may decide for a standalone cyber policy.
Good question. Cyber insurance covers intangible losses, such as data files, sensitive financial information and personal data. Crime insurance focuses on tangible losses such as physical loss of securities, money or merchandise.
The price varies. When calculating your premium, we’ll consider the types of sensitive data you collect, your security measures, your customer base and company size, as well as the revenue you generate.
That depends on your policy.
Property damage, intellectual property losses, tangible crime, theft by employees, and preventive security measures.
Numbers to know
Data breaches
$10.2M
is the average cost of a data breach today, a 9% jump from 2024. (IBM, 2025)
Cyber claims
1 in 3
incidents lead to funds transfer fraud with an average initial loss of $185K. (Coalition, 2025)
Ransomware effects
88%
of cybercrime breaches are driven by ransomware. (Verizon, 2025)
