Question: Who do I need to cover under my worker’s compensation policy?
Answer: You are responsible for providing workers’ compensation coverage to direct employees, uninsured contractors and their employees, and de facto employees.... Read more
You own your own business, you have commercial insurance to cover your building, your employees, and your vehicles, but are you covered when it comes to data?
In today’s world, nearly every business is collecting personal data from customers. The threat of a breach of that data is real and it’sincreasing daily. In fact, one half of small businesses have experienced a breach. Your business could be in danger and the effects could be devastating.
Data breaches come in different forms. You have probably heard of people hacking into a company’s records. Did you know that having a laptop stolen can be just as harmful, if not more so?
You need to be covered in the event of a data breach. You don’t expect to total a company car, but you have commercial insurance to protect you just in case. The same is true for your data. In fact, a cyber attack on your company could be infinitely more damaging than a totaled truck. You need commercial insurance that will cover the cost to respond to the breach, your legal defense and liability, and your identity theft recovery expenses.