Cyber Liability Insurance
Protect your business from the financial fallout of data breaches, ransomware attacks, and cyber threats
What is Cyber Liability Insurance?
Cyber Liability Insurance protects your business from the financial consequences of cyber attacks, data breaches, and other digital threats. As businesses increasingly rely on technology and store sensitive data, the risk of a cyber incident continues to grow.
Why Every Business Needs Cyber Coverage: Cyber attacks target businesses of all sizes. In fact, small and mid-sized businesses are increasingly targeted because they often lack robust security measures. A single data breach can cost hundreds of thousands of dollars in notification costs, legal fees, and lost business.
California's strict data privacy laws, including the California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA), impose significant obligations and penalties, making cyber liability coverage essential for California businesses.
What's Covered
Complete protection for your digital assets and data
Data Breach Response
Covers costs of notifying affected individuals, credit monitoring services, forensic investigations, and public relations efforts after a breach.
Ransomware & Extortion
Coverage for ransom payments, negotiation costs, and business interruption losses resulting from ransomware attacks and cyber extortion.
Business Interruption
Reimburses lost income and extra expenses when a cyber event disrupts your business operations and causes downtime.
Regulatory Defense & Fines
Covers legal defense costs and regulatory fines from government investigations under CCPA, CPRA, HIPAA, and other privacy regulations.
Third-Party Liability
Protection against lawsuits from customers, vendors, or partners whose data was compromised or who suffered losses due to your cyber incident.
Data Recovery & Restoration
Covers the cost of recovering and restoring data, software, and systems damaged or destroyed by a cyber attack.
Who Needs Cyber Liability Insurance?
Any business that uses technology or stores data should consider cyber coverage:
Businesses that store customer personal data
Companies that accept credit card payments
Healthcare providers with patient records
Professional service firms with confidential data
E-commerce and online businesses
Any business reliant on computer systems
Common Claim Scenarios
Real situations where cyber liability coverage protects your business
Ransomware Attack
Hackers encrypt your business files and demand $50,000 to restore access, causing weeks of operational downtime and lost revenue.
Customer Data Breach
A hacker gains access to your customer database containing 10,000 records with personal information, requiring individual notification and credit monitoring.
Phishing Scam Wire Transfer
An employee falls for a phishing email and wires $75,000 to a fraudulent account posing as a vendor.
CCPA Regulatory Investigation
The California Attorney General investigates your business for improper handling of consumer data, resulting in legal defense costs and potential fines.
Related Insurance Products
General Liability
Essential coverage for third-party bodily injury and property damage claims.
Learn More →Protect Your Business From Cyber Threats
Get comprehensive cyber liability coverage tailored to your business. Our agents will help you assess your digital risk and find the right policy.