Data breaches are becoming more and more common in this digital age — is your Connecticut business protected?
If your company — no matter how large or small — collects sensitive customer information, you could be targeted by hackers who want to steal this personal data. All types of businesses, from large Fortune 500 companies, to fast food restaurants, to medical offices, have made headlines after becoming data breach victims. It can be hard to keep cyber criminals away, no matter how hard you try, but cyber liability insurance will give you peace of mind knowing that if your company’s sensitive data is breached, you’ll have help picking up the pieces with your insurance benefits.
At SAVA Insurance Group, we understand the new, sophisticated threats that a variety of businesses face. As an agency guided by heart, we learn what is most important to you and what you want to protect, and then we work hard to ensure you receive the full coverage that you need.
Don’t wait to learn more about our Connecticut cyber liability insurance options! Call our knowledgeable, caring agents today to receive a free quote.
A data breach is the unlawful and unauthorized acquisition of personal information that compromises the security, confidentiality, or integrity of personal information. According to IBM’s 2016 Cost of Data Breach Study, the average consolidated cost of a data breach for a company is $4 million — could your company pay for that out of pocket without the help of cyber liability insurance?
Cyber liability insurance can cover your liability in the event a data breach occurs and your customers have personal information stolen. Various costs can be covered, including notification costs (notifying all customers of the breach is mandatory in most states), credit monitoring, legal costs, fines and penalties, and any loss resulting from identity theft. Cyber liability insurance can also cover other costs, so be sure to ask your SAVA Insurance Group agent about your unique policy.
Allegations of abuse or molestation can completely ruin the career of a trustworthy, hard-working individual who would never engage in such behavior. This type of coverage pays for damages associated with abuse or molestation, including libel, slander, or invasion of privacy claims.
Whether your employees are driving company vehicles or their own to your clients’ houses, you will likely need to look into a commercial auto insurance policy.
We offer top-of-the-line personal insurance for any lifestyle, which includes coverage for auto, home, life, and health. Request a quote now.
Having the right Connecticut business insurance policies in place is absolutely essential. Let us create a business insurance package uniquely suited to your company and industry.
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