Did you know that nearly 2,244 cyberattacks happen each day? This means that hackers get computer access and steal or corrupt files and sensitive information. A hacker can access this data in several different ways—by breaking through firewalls, sending phishing emails, installing malware onto your computer, and so much more.
Why do hackers want to steal your information? The most common threat companies face an attacker holding your data for ransom. This means that they will hold your information hostage until you pay them a specified amount of money. According to Cisco, 53% of cyberattacks resulted in damages of $500,000 or more. However, breaches can also give hackers access to complete control of a user’s computer or smartphone and access to online accounts.
How Does This Affect You?
Each day, your company’s information and data are at risk. If you store any customer information, like names and addresses, payment information, etc., their data is at risk of a cyberattack. One of the most common stolen data is customer payment information, including their credit card number.
So, what exactly does this mean for you? Being aware of potential data breaches isn’t enough—your company needs to have a protective plan of action in place if this ever happens to your business and its data. Without protection in place, your company could lose hundreds—if not thousands—of dollars if a data breach occurs. When a cyberattack takes place, you, as a company, lose credibility and trust from your customers.
How can you prevent this from happening? You can purchase a window cleaning policy with Cyber Liability Insurance from Insurance Canopy in less than ten minutes. If you already have a policy with Insurance Canopy, you can add it to your existing policy. If you are not a current customer, you can purchase this policy at the affordable price of $99 per year. This is a small investment to protect your business and its sensitive information from hackers.
What’s Included in a Cyber Liability Insurance Policy?
Insurance Canopy provides this additional layer of protection for your data because we want to help your cleaning business succeed. The policy limit on Cyber Liability Insurance is $100,000, with a $50,000 E-Theft coverage limit. A $100,000 limit is included for both crisis management expenses and public relations expenses. A $10,000 limit is also included for an extortion loss limit. These are all first-party coverage limits, and the limits shown would be subject to aggregate policy limits.
How to Add Cyber Liability Insurance
If you are not a current Insurance Canopy customer, you can visit our website, select your industry, Window Cleaning, and add cyber coverage while filling out your application online.
If you are a returning customer, follow the instructions below:
- Log in to your Insurance Canopy dashboard
- Scroll down to “Manage Policies” and click on “Change Policy Options.”
- Scroll down to “Cyber Coverage Options” and click on “$100,000 cyber coverage.”
- Scroll to the bottom and select “Purchase Policy.”
Both of these processes can be completed in ten minutes or less!
Contact Us Today
We know that insurance can be challenging to understand, but it doesn’t have to be! If you have any questions regarding Insurance Canopy’s Cyber Liability Insurance policy, feel free to reach out to us today. We have multiple licensed insurance agents that are happy and ready to help.
For additional resources, you can also take a look at Insurance Canopy’s blog. We have several articles tailored toward cleaning professionals to help you better understand insurance coverage, how to market your cleaning business, and expand your clientele. You can also check out our Insurance Glossary for a comprehensive list of insurance terms that you may not be familiar with.
About Insurance Canopy
Insurance Canopy provides small businesses with general and professional liability insurance at a monthly or annual rate. Our policies are designed to protect small business owners, including window cleaning businesses, in the case of a lawsuit arising out of their business operations. Window cleaners without cleaning business insurance may face lawsuits that could cost them their business and their livelihood. With a policy from Insurance Canopy, you get the affordable coverage you need from A-rated carriers.