Cyber liability insurance is designed to cover a variety of expenses related to a cyber breach.
If your company operates in cybersecurity or is in another industry where you handle sensitive information or routinely utilize the internet for information sharing, you need to consider cyber liability insurance. It is bad enough to experience a data breach, but when the lawsuits start rolling in because of it, you’ll be glad you have this protection. At Legacy Insurance Partners, we understand that all companies face cyber risk these days because even the smallest companies usually have a presence on the internet and maintain records on their computer. Of course, the larger your company is, the more vulnerable you are as hackers tend to go after the biggest payoff possible.
The purpose of cyber liability insurance is to cover the variety of expenses you’ll face in the event of a breach, including legal expenses, data restoration, public relations costs, negotiation and payment of a ransomware demand, IT forensics, network business interruption, and more. It is important to note that, like most insurance coverages, your cyber liability insurance coverage can be tailored to your specific needs. We take the time to understand your business so that we can match you with the right policy for your situation.
We also take the time to explain what cyber liability insurance covers and what it does not. Our personalized approach means you’ll have the coverage you need and a better understanding of the protection it provides your company. With representatives serving the communities of Asheville, Davidson, Greensboro, Hickory, N. Wilkesboro and Raleigh, North Carolina, our team is available to partner as your trusted insurance advisor utilizing a consultative approach. Reach out today with any questions you might have about any of the business insurance coverages we can assist you with.
With cyber liability insurance representatives serving the communities of Asheville, Davidson, Greensboro, Hickory, North Wilkesboro, and Raleigh, North Carolina, our team at Legacy Insurance Partners is available to partner as your trusted business insurance advisor utilizing a consultative approach.