Cyber Liability Insurance in Warminster, PA and Phoenixville, PA
Recent advancements in technology have created a need for greater understanding and guidelines in a growing industry. At John Holroyd Agency, we know the risks businesses face when it comes to a data breach and can provide the comprehensive coverage needed for security.
If your company utilizes computers or other forms of technology, you are susceptible to a cyber breach. We can provide your business with a comprehensive cyber liability plan to cover damages if your business’ data is lost, stolen or compromised. We routinely protect businesses in Warminster, Phoenixville, Doylestown and surrounding areas.
What Can Cyber Liability Insurance Protect Clients From?
Cyber liability insurance protects policyholders from losses and damages arising from many incidents. Coverage can be tailored to suit your specific needs, but in general, policies can render financial assistance for the following cybersecurity-related expenses:
- Losses arising from a data breach
- Costs incurred due to a cyber extortion threat
- Damages caused by a phishing attack
- Repairs for damaged or compromised systems
- Business interruption costs
- Losses arising from network outages
- Legal defense in response to lawsuits /li>
- Fines imposed by government officials
- Management and investigation of a cyber incident
How Much Does Cyber Liability Insurance Cost?
- Notification costs to alert other parties affected by a cyber incident
Like most insurance policies, premiums for suitable cyber liability coverage will vary based on a policyholder’s specific situation. When providing you with a quote, our agents will generally consider the following aspects of your business:
- Type and amount of sensitive data stored
What You Can Expect From Us
At John Holroyd Agency, we are adamant about creating the right insurance solution for each business. We take the time to get to know each client to fully understand their coverage needs and create a tailored policy to match. To learn more about our offerings for businesses, please contact us.