Why Virginia Business Owners Should Add Cyber Insurance Coverage

Cary-Wheeler & Associates Inc. serves the Richmond, VA community. For over 25 years, we have helped residents protect their assets. We offer our clients flexible policies designed to meet their evolving needs. We want to simplify the process of searching for insurance.

Why Cyber Insurance Coverage Is An Asset For Virginia Businesses

A strong commercial insurance policy can help your business stand out in the Richmond VA marketplace. Commercial insurance protects your business as you navigate some challenges associated with operating a business. The policy covers your inventory and equipment if it is stolen or vandalized. You are also covered if your property is damaged due to a fire or natural disaster. Liability insurance protects your business if you are held liable for injuring someone or damaging property. Liability coverage protects your business if you are held liable for injuring someone or damaging property. Liability coverage will take care of the necessary repairs or medical bills. Workers compensation protects your business if there is an injury in the workplace. You are also covered if your business has to shut down for a few months while undergoing repairs.

An overlooked type of coverage that you should consider adding to your commercial insurance is cyber liability coverage. The recent technological advancements mean that more people are relying on online transactions to shop. Once sensitive information enters the system, hackers will look for ways to infiltrate it and cause problems. Cyber liability coverage protects your business if your customers or employees’ information is compromised in a data breach. The coverage helps prevent legal action against you and covers your business while you rebuild the systems.

Cary-Wheeler & Associates Inc. Will Help You Protect Your Assets

Visit our website to learn more information about commercial insurance.