Importance of Data Breach Insurance Data breaches can mean serious trouble for businesses. While many small business owners think that they are safe from a data breach since they do not have as much sensitive information, the opposite is true. Since small businesses do not have the financial resources to pay for the security and financial fallout that happens after a data breach, investing in the right data breach insurance policy can help to ensure that your small business stays … [Read more...]
Business Owner’s Policy 101
As a small business owner, you will likely need a BOP policy, also known as a business owner’s policy. Your small business is your biggest investment, and therefore you must properly protect it. Business owner’s policies are typical of small to medium-sized businesses. Since each business requires a unique amount of coverage, it is crucial that you evaluate the particular needs of your business. Typical Coverage Under a BOP: Property Insurance Business Interruption Insurance Casualty … [Read more...]