Calgary Cyber Liability Insurance

Cyber Liability Insurance for Calgary businesses

The University of Calgary paid $20,000 after a ransomware attack in 2016. Public institutions aren’t the only target for cyberattacks – businesses large and small are increasingly being victimized by cybercriminals. Thankfully, you can protect your Calgary business with cyber liability insurance. This coverage can help you:

• Prevent future cyberattacks and data breaches
• Mitigate the damage from cyberattacks and data breaches
• Cover expenses related to cybercrime
• Help your business recover

Work with our experienced Calgary cyber liability insurance brokers to get a competitive quote today.

What does a cyber liability insurance policy cover in Calgary?

In Calgary, cyber liability insurance can include coverage for:

Keep in mind that coverage depends on your policy. There are different levels and types of coverage. Talk to one of our experienced cyber liability insurance brokers in Calgary if you’re not sure what protection you need.

What type of cyberattacks and data breaches are covered by cyber liability insurance in Calgary?

Here are a few examples of cybercrime that is generally covered by a good cyber liability insurance policy in Calgary:

• Denial of Service – When users can’t access their computer, network, or software.
• Malware – When a malicious software is installed on a device that is then used to get or access data (logins, personal information, et cetera).
• Ransomware – When users can’t access their computer, network, or software unless they pay a fee to a cybercriminal.
• Phishing – When a user is tricked into giving away information, clicking a link, or opening an attachment (normally through email).
• Man-in-the-Middle – When communication between two parties (like two employees, or an employee and a client) is infiltrated by a cybercriminal.
• Spoofing – When impersonation is used by a cyber-attacker to steal or access information.

Exactly what’s covered will depend on your policy. Remember that not all policies are equal. A cyber liability insurance broker can ensure your Calgary business is protected from the right risks.

What affects the cost of Calgary cyber liability insurance?

There are many factors that affect the cost of cyber liability insurance in Calgary, including:

How to get cheaper cyber liability insurance in Calgary

There are a few ways to lower your rates for cyber liability insurance in Calgary, such as:

• Bundle your insurance
• Reduce your risk of a cyberattack or data breach with mitigation measures
• Shop around to get quotes from different insurance companies
• Don’t over-insure
• Choose a higher deductible
• Establish a cybercrime plan
• Review your insurance coverage at least once a year

How to get a cyber liability insurance quote in Calgary

You can get a cyber liability insurance quote in Calgary with Acera Insurance the following ways:

We’ll discuss your business, insurance needs, and budget in order to get you accurate quotes.

Why should I go through Acera Insurance for my Calgary cyber liability insurance?

Here are a few reasons you should choose Acera Insurance for your cyber liability insurance in Calgary:

• We’re independent – We work for you, not an insurance company.
• We’re competitive – We’ll find you the best quotes.
• We offer exceptional service – We believe in a human-approach to insurance and pride ourselves on our client care.
• We’re insurance experts – Our cyber liability insurance brokers are the best in Calgary. They’re experienced and continue their professional development so you’re getting the most up-to-date advice.

Plus, we’re local! We have deep roots in Calgary and have grown to become a leading independent insurance brokerage in Canada.

Calgary Cyber Insurance FAQs