Velvis
Well-Known Member
- Reaction score
- 51
- Location
- Medfield, MA
A small business owner (2-3 employees total) who doesn't process credit cards or collect financial info asked me (Currently he is not a customer of mine) if he should have a policy that costs him $5000/year. His only business concern would be losing what he has on Google Workspace. His insurance company also told him that anyone working on his computers should also have cyber insurance, which seemed to him to be a way for his insurance company to pass the buck should something happen.
He/I was wondering if $5000/year is high and if his insurance requiring anyone working on the computers to also have insurance a normal thing.
He isn't opposed to carrying it but was curious if what he is paying is normal.
He/I was wondering if $5000/year is high and if his insurance requiring anyone working on the computers to also have insurance a normal thing.
He isn't opposed to carrying it but was curious if what he is paying is normal.
