It’s more important than ever to protect your business with cyber liability insurance.
At Mason-McBride, we understand the importance of keeping your clients’ information safe and secure. That’s why we offer Michigan businesses of all sizes customized cyber liability insurance policies.
With our policy in place, you can rest assured knowing that your business is protected in the event of a data breach.
What is Michigan Cyber Insurance?
Cyber insurance is a type of insurance that helps cover the costs associated with a data breach. Data breaches can occur when hackers gain access to sensitive information, such as credit card numbers or social security numbers. Once a hacker has this information, they can use it to commit identity theft or fraud.
Michigan cyber insurance covers your business’ liability for hacked client information, including social security numbers, credit card numbers, account numbers, driver’s license numbers, and even medical records.
Why Doesn’t my General Liability Insurance cover Cyber Liability?
Be sure to check with a Michigan agent about what is covered by both types of policies before making any decisions since they may overlap some things like legal fees and expenses, which could be recovered through payment if the claim were successful, while other items will need separate funding sources, so there's no gap left uncovered
Is Cyber Insurance Necessary?
Small and mid-sized businesses face a growing number of cybercrime threats. These businesses are often targeted by cybercriminals because they lack the resources to protect themselves properly. Additionally, many small and mid-sized businesses are unaware of the risks they face or do not have adequate cybersecurity measures. As a result, these businesses are at an increased risk for suffering a data breach—which can be costly financially and reputationally. The good news is that small and mid-sized businesses can protect themselves by purchasing cyber insurance.
How Much Does Cyber Insurance Cost?
Cyber insurance costs vary depending on your business's size and the coverage you need. Larger businesses will need more coverage and will pay more for their policy.
Why Choose Mason-McBride?
As a Michigan business, our clients are at the core of everything we do. We are committed to providing superior service and providing personalized advice and counsel.
Mason-McBride has partnered with a select group of reputable cyber insurance carriers to offer premier Michigan business insurance coverage at a price your company can afford. Our commitment is to work with you as a long-term partner and provide the counsel you need to make an informed decision.
Get Started on Your Cyber Proposal
Don’t wait until it’s too late – contact Mason-McBride today to learn more about our Michigan cyber liability insurance policy and how it can help protect your business.