Most business owners have a general idea of what cyber liability insurance is, but few understand the importance of having it. Cyber liability insurance provides protection against the risks associated with cybercrime, including data breaches, hacking, and ransomware.
Take a closer look at what cyber liability insurance is and why your business needs this coverage.
The Risks Associated with Cybercrime
Cybercrime is a serious issue that can pose many risks to individuals and businesses.…
If you are running a business, you will want to take steps to ensure that you are running that business in the best manner possible. One of the ways to ensure you are running an effective business is by having the right insurance policies. One of the types of commercial insurance policies you will want to carry as a business owner is a general liability insurance policy. It can provide your business with many benefits.…
Many first-time homebuyers don’t consider their insurance costs when they get ready to close on a new house. While you probably know all about DTI (debt-to-income) ratios, you may not realize that your lender will look at your house insurance to determine if you can afford your monthly payments. High insurance costs can add extra closing challenges if you’re already at the limit for a loan.
While insurers will usually work with you to bring your costs down, some options are better than others.…
