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Fills the gaps of traditional insurance policies

Commercial Cyber Insurance

Cyber insurance helps protect your business from cybercrime, one of the fastest-growing types of crime in the world.


Business Owner's Insurance Policies

Does my business really need cyber insurance?

You need cyber liability coverage if you could be responsible for or sustain a business loss due to the unintended spreading of malware or a deliberate act that prevents others from gaining access to your computer system through the Internet.


Business Insurance Knowledge Center

Cyber Insurance FAQs

What cyber exposures does my business even have?
  • Collecting and storing customers private information (social security numbers, health records)
  • Website and social media

Point of sale systems (credit cards, bank account numbers)

General liability or a BOP policy covers bodily injury and physical damage resulting from your businesses products, services, or operations. Cyber is often excluded on these policies.

  • Business losses due to unintended spreading of malware or deliberate act that prevents others from accessing your computer system (Hacking)
  • Data and system restoration expenses
  • Data breaches and defense expenses
  • Replacement or restoration of electronic data
  • 3rd party liability claims
  • Identity theft coverage and cost of repairing personal identities

In today’s digital world, businesses rely on technology more than ever. That reliance comes increased exposure to cyber threats. Cyber insurance provides a safety net for your business if there are any incidents. Did you know that 55% of small businesses have experienced some kind of data breach?

Contractors, trucking companies, Offices, manufacturers, retail stores, wholesalers and distributors, services businesses, restaurants, auto repair shops, landlord and rental properties.

There are many factors that can play a part in the cost of a cyber insurance policy including the type of policy and the risk your business may face.


Ready when you are

Request a Business Insurance Quote Today

If you’re looking for reliable business insurance in Iowa or a local insurance agency that understands the unique risks your business faces, State Bank & Insurance is here to help.

Contact us today to request a customized business insurance quote and speak with a local agent about protecting your employees, property, and operations.

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