Reasons You Should Purchase Cyber Coverage as Part of Your Florida Liability Insurance

Posted By : Phineas Gray , on Feb, 2015

 

If you run a small business, it is always possible that your website, computers, files, and anything else Internet related could be attacked by skilled hackers. While many businesses think it could never happen to them, it happens a lot more often than you think. That is why cyber liability insurance was invented.

If you have never heard of cyber insurance, you will want to do some research. If you have heard of it, and don’t think that it is for your business, you will want to read the reasons below that you should take out cyber get liability insurance in Florida today.

It’s not as Expensive as You Think

There are policies that have premiums as low as $2,000 a year, but it is possible for them to be much higher than that, so you have to do your research. Remember that cyber florida liability insurance is still a pretty new innovation, so prices vary and it’s not an exact science.

It Covers More than You Think

Many of these policies offer what is known of as “first party” coverage. A few of the things that will cover are listed below.

•  Business interruption
•  Will cover the cost of letting your customers know that there has been a hacker at work in your system
•  Will pay to hire someone to help repair your ruined reputation if needed as a result of any type of cyber attack

Having access to this type of cash if you are attacked can mean the difference in keeping your lights on and sitting in the dark until the problem is resolved.

Your General Business Insurance Policy will not Cover You

In the event of a cyber-attack, your normal business insurance policy will not cover you. You will want to make sure your cyber policy covers laptops and your mobiles as well.

These are just a few of the reasons you should consider getting cyber insurance for your website and small business. It is the best way to protect yourself and your company in case of a cyber-attack. Hackers are good at what they do, and you will never know what hit you until it’s too late.

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