How do you know whether you need Internet insurance?
By Doreen V. Bentley, BuyerZone Content Editor
In general, Internet insurance, which is also sometimes called "hacker" or "e-commerce" insurance,
is worth looking into if your business uses e-mail or has a Web site that hosts transactions,
posts content, hosts advertising for other businesses, or contains confidential information.
Essentially, if there is any conceivable way that a client could contend that the performance
of your Web site, products, or services affected his or her business and sue you for it,
you need to consider Internet insurance. For a free quote for general business insurance, click
here
Possible scenarios where Internet insurance comes in handy:
- Web site vandalism and virus damage coverage - protects data and computer equipment
damaged in a hacker attack, and provides lost business income if a Web site crashes due
to the attack.
- Denial of service attack coverage - pays lost income if a site is flooded with malicious
traffic designed to prevent customers from gaining access.
- Advertising expense coverage to regain customers' good faith after an Internet-related,
covered loss.
