Skyrocket Small Business Cyber Insurance Rates With Questionnaire Help
The Financial Impact of Cyber Insurance
Cyber insurance premiums can vary widely based on several factors, including the size of the business, industry, and the robustness of cybersecurity measures. On average, small businesses can expect to pay anywhere from $1,000 to $7,500 annually for a cyber insurance policy6. However, businesses that demonstrate strong cybersecurity practices through their questionnaire responses may qualify for lower premiums.