Coverage Overview
A data breach or ransomware attack hits small businesses just as often as large ones, and the response costs - not just the ransom - are what typically drive the bill.
What cyber liability coverage typically includes
- First-party costs - breach notification to affected customers, forensic investigation, credit monitoring, and income lost while systems are down
- Third-party costs - legal defense and settlements if customers or partners sue over a breach
- Ransomware response, including negotiation and recovery costs in many policies
Carriers we compare
We place cyber coverage through Cowbell Cyber, a technology-driven insurer built for fast underwriting on small and mid-sized business risk.
Cyber Liability Insurance FAQ
Does general liability insurance cover a data breach?
No - standard general liability is built for bodily injury and property damage claims, not data or network exposure. A breach, ransomware attack, or lost customer data typically falls entirely outside a GL policy without a dedicated cyber policy.
What does cyber insurance actually pay for after an incident?
Breach notification costs, forensic investigation to determine what happened, credit monitoring for affected customers, business income lost while systems are down, and legal costs if you're sued as a result.
Do small businesses really need cyber coverage?
Small businesses are frequent targets precisely because their security is often less mature than a large company's - and the notification and legal costs after a breach can be disproportionately large relative to a small business's revenue.