Does Your Insurance Cover You Online?

Molly EbertCyber Security, Florida, Insurance, Leadership, Small Business, Tampa

cartoon of burglar stealing credit card through computer screen
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The world is changing and protecting your digital identity is more important than ever.

For most of us, when something happens we’ll be completely on our own. Have you wondered what you would do if your personal identity were stolen? What if your personal data was held for ransom? Would your insurance help you?

In some cases you could be covered by your homeowners policy.

Here are some helpful tips you may not have realized:

  • Some homeowners insurance policies include ID theft protection. It’s usually limited, but you may also have some options to increase your personal protection level.
  • Over the past few years, several big-name insurers have also introduced standalone cyber insurance policies which are available to everyone.
  • In addition to identity theft costs, these policies cover things like extortion (including approved ransom payments), cyber bullying, other types of cyber attacks and restoring stolen data.
  • Generally speaking, these new policies cover up to $50,000 or $100,000 in damages per incident. That kind of protection can be a huge help.

Why is this important? It’s not just that the crime is increasing but also our homes have other equipment, like smart TVs, that are vulnerable to attack. Planning ahead can significantly reduce that risk. Contact us today for a cyber insurance quote: info@primegroupins.com