December 16, 2019

What is Cyber Liability Insurance?

Technology is ever-growing, which means new issues may arise when traversing the cyber world. Most businesses anymore work with computers, which are used to store, send, and receive data. This data could be highly confidential such as financial documents, medical records, passwords, and so much more.

The internet is full of people who are looking to cause harm, and stealing information is one way they cause damage. Your business may also store crucial information on servers that could significantly affect your business. Protect your business with cyber liability insurance. It helps protect you from potential lawsuits when security breaches occur.

Cyber Liability Insurance Coverage

Business Owners Insurance

A security breach can create costs that a business may not recover from.

Like most other liability insurances, cyber liability insurance helps cover legal fees associated with the data loss in the breach. Furthermore, businesses will be covered if there is any loss of data or damages. The costs are included to recover that data or replace it. Hacker attack or a virus are covered in this kind of policy.

Additionally, cyber liability insurance also covers income losses you may have suffered from the breach. This will help businesses stay open after the breach instead of having to shut down to recover the lost data. Other policy coverages include damage to your reputation, extortion, and notification costs.

There are other third-party coverages that your policy may have. Ensure your companies potential threats with cyber liability insurance. Texas Insurance Agency can help you find the right kind of policy for your business. The coverages vary from each provider. Fortunately, companies will find plenty of options at Texas Insurance Agency.

Prepare for a Data Breach Today

Businesses need to be ready for a possible data breach. Texas Insurance Agency has a team of professional agents. Moreover, they will work closely with every client to ensure their needs. We understand how important your business is to you. Protect your business with an insurance policy that will help you expect the unexpected.

Interested business owners should give us a call at (281) 398-1010. Our agents would undoubtedly love to hear from you and answer your questions. Businesses who do not work with computers may find more solace in our other commercial insurances. Regardless, Texas Insurance Agency can help.

Our Partners

We are pleased to partner with these companies to bring you the best coverage at the lowest rates available.