General Liability/Cyber Liability Insurance coverage on a BOP Insurance Policy. KBG Insurance
Channel: KBG Insurance & Financial
Date: 2020-04-28

If you are a business owner, independent contractor or are looking at starting your own business, this video is for you. 

Not only can we help you with your personal lines policies we can also help you with your business insurance. We offer general liability, BOP, commercial auto, E&O, D&O, Cyber Liability and more for multiple industries. 

Here is a quick video on general liability & cyber liability coverage. With the evolving business landscape of remote and virtual workers, cyber crimes are becoming more prevalent than ever. 

The average cyber liability claim from a 2012-2104 study was $673,767 and an average business owners policy has $50,000 in coverage for cyber crimes. If you do the math, $623,767 is what you would have to pay out of pocket. 

Cyber liability policies rage from $70-$100/month for $1 million in coverage depending on the size of your business. I've attached a couple resources to learn more. As always, feel free to reach out and ask us any questions you may have. 

Insurance Journal Article:
https://bit.ly/InsuranceJournalCyber

Insureon Cyber Cost Article:
https://bit.ly/InsureonCyberCost

Data Breach vs. Cyber Liability
https://bit.ly/DataBreachCyberLiability

Travelers Cyber Stories:
https://bit.ly/TravelersCyberStories

KBG Insurance & Financial
https://www.kbgagency.com
(509) 242-3244
joshua@kbgagency.com