
{"id":83,"date":"2023-11-17T04:00:00","date_gmt":"2023-11-17T10:00:00","guid":{"rendered":"https:\/\/www.ganttagency.com\/blog\/?p=83"},"modified":"2023-11-29T19:39:58","modified_gmt":"2023-11-30T01:39:58","slug":"key-things-to-know-about-commercial-cyber-insurance","status":"publish","type":"post","link":"https:\/\/www.ganttagency.com\/blog\/key-things-to-know-about-commercial-cyber-insurance\/","title":{"rendered":"Key Things to Know about Commercial Cyber Insurance"},"content":{"rendered":"<p>Few businesses operate today without computers to pay bills, interact with customers and suppliers, and monitor competitors down the street or on the other side of the world. While computers and networks are invaluable tools, they expose businesses to potential cybercrimes that could halt their operations and harm their reputation. If you are in the Farmville, VA area and want to protect your company from the financial effects of cybercrime, our Gantt Agency team is ready to serve you.<\/p>\n<h2>What is Cyber Insurance, and Who Needs it?<\/h2>\n<p>Cyber insurance protects against cybercrime, which involves using a computer to steal information from others or limit&nbsp;the information owner&#8217;s use. Cybercrime is a potential problem for companies that store customer information or rely on computers, networks, and cloud-based platforms to run their business. If your business meets those criteria, you should consider the protection of cyber insurance.<\/p>\n<h3>Cyber insurance has three primary elements:<\/h3>\n<p><strong>First-party:&nbsp;<\/strong>Covers the cost of investigating issues, notifying customers, and your lost revenues and ransomware payments.<\/p>\n<p><strong>Third-party or cyber liability:<\/strong>&nbsp;Despite being a victim, you may be responsible to others for attorney fees, settlements, and fines and losses others suffer due to the cyber incident.<\/p>\n<p><strong>Errors and omissions<\/strong>: Mostly needed by technology businesses, this coverage protects against losses others suffer due to faulty logic, code, or other issues among those using their products and services.<\/p>\n<p>Some insurance companies require that you take specific preventive steps before they issue a cyber insurance policy, while additional preventive measures may lead to discounted premiums.<\/p>\n<h3>Have Questions? Consult With Us<\/h3>\n<p>The team of experts at Gantt Agency handles the business and personal insurance needs of many in the Farmville, VA area. Drop by or call us today to build an insurance plan that protects your business and personal assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Few businesses operate today without computers to pay bills, interact with customers and suppliers, and monitor competitors down the street or on the other side of the world. While computers and networks are invaluable tools, they expose businesses to potential cybercrimes that could halt their operations and harm their reputation. If you are in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2,3],"class_list":["post-83","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-farmville-va","tag-gantt-agency"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.ganttagency.com\/blog\/key-things-to-know-about-commercial-cyber-insurance\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Blog | Gantt Agency |\" \/>\n\t\t<meta property=\"og:type\" 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02:30:51","updated":"2025-06-04 09:21:38","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.ganttagency.com\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.ganttagency.com\/blog\/category\/commercial-insurance\/\" title=\"Commercial Insurance\">Commercial Insurance<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tKey Things to Know about Commercial Cyber Insurance\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.ganttagency.com\/blog"},{"label":"Commercial Insurance","link":"https:\/\/www.ganttagency.com\/blog\/category\/commercial-insurance\/"},{"label":"Key Things to Know about Commercial Cyber 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