Cybersecurity insurance is a type of policy designed to protect business owners who regularly deal with data that might be compromised by hackers. Because companies large and small deal with computerized data, guarding against cyber liability makes good financial sense. At Hedgepeth-Hutson Insurance Services Inc. in Nashville, NC, we provide information and insurance policies that help protect businesses.
How Does Cybersecurity Insurance Protect Your Business?
A cybersecurity insurance policy provides funds to defray costs associated with:
- Investigating a data breach
- Replacing lost revenue due to a cyber business interruption
- Notifying customers about the breach
- Providing credit monitoring
- Recovering from a ransomware attack
Certain limits may apply to coverage, as defined by your policy. It can also defray costs associated with assessing future cybersecurity risks.
Do you Need Cybersecurity Insurance?
How do you know if you need cybersecurity insurance? If you do a significant amount of your business online, store customer data or retain information about your business online, you should have cybersecurity insurance. Cyber insurance can help defray the costs of data loss, liability claims, or other problems that arise regarding misuse of sensitive information.
Make Hedgepeth-Hutson Insurance Services Inc. Your Resource for Cybersecurity Insurance
You may be unfamiliar with this type of commercial policy and have many questions about your cyber insurance needs. We offer a broad range of policies for individuals and business, and can answer your questions in detail. Contact Hedgepeth-Hutson Insurance Services Inc. in Nashville, NC, today for a no-obligation cyber quote.
