This will depend on the type of business you have and the number of customers you have.
The average cost of data breaches is $195 per lost record. So even if you only have a few thousand customer records, a data breach could cost your business hundreds of thousands of dollars. It adds up really quickly. A million dollar policy covers about 5000 records. Be sure to talk to a reputable, knowledgeable insurance agent who really understands your business, to ensure that you get the right amount of coverage for your needs.
WE SPECIALIZE IN ALL TYPES OF COMMERCIAL INSURANCE
When the time comes, having the right commercial insurance coverage can make all the difference in the world for you and your business.