Strengthening Your Protection with Cyber Insurance
As our world becomes increasingly connected, cyber insurance has become an essential part of safeguarding your home and financial well-being. From laptops and smartphones to smart appliances and home security systems, technology plays a central role in daily life while introducing new risks.
Cyberthreats are evolving rapidly, especially with the rise of AI-powered scams that make fraudulent messages, phone calls, and websites more convincing than ever. Many of these attacks fall under social engineering — a tactic where criminals manipulate you into clicking a malicious link, sharing sensitive information, or sending money by impersonating trusted individuals and creating a sense of urgency.
To help protect you from these ever-evolving threats, we offer the option to add cyber coverage to your homeowners policy.
Know Your Exposure
Six Common Cyber Vulnerabilities
Nearly 1.3 billion social media users worldwide have had accounts compromised in the last five years. Oversharing and weak passwords are the primary entry points.
- Limit posts to trusted connections only
- Remove yourself from public searches
- Use strong, unique passwords
- Be wary of third-party apps
Over 90% of cyberattacks begin with a phishing email. Attackers craft convincing messages to trick you into clicking malicious links or sharing credentials.
- Don't click links in unexpected emails
- Verify sender addresses carefully
- Hover over links before clicking
- Never share passwords via email
Ransomware locks or encrypts your data until you pay a ransom. An estimated ransomware attack occurs every 19 seconds.
- Back up data regularly and securely
- Keep antivirus software current
- Never pay the ransom demand
- Disconnect infected devices immediately
A laptop is stolen every 53 seconds, and 80% of the cost of a lost device comes from the resulting data breach, not the hardware itself.
- Password-protect every device
- Use encrypted Wi-Fi (WPA/WPA2)
- Avoid public networks when possible
- Wipe devices before disposal
Routers and connected cameras account for 90% of IoT (Internet of Things) attacks. Smart devices are an often-overlooked entry point for hackers targeting your home network.
- Change all default passwords
- Research devices before purchasing
- Update firmware regularly
- Disable smart devices when not in use
AI now enables hyper-realistic impersonation — from fake phone calls to cloned websites — targeting both children and adults.
- Monitor children's online activity
- Set clear device boundaries
- Verify urgent requests via phone
- Trust instincts — when in doubt, don't
What Cyber Insurance Covers
Cyber insurance is designed to reimburse you for financial losses resulting from online fraud, cyber extortion, and other digital threats. It also provides expert support to help recover data and compromised systems after an attack.
Examples of covered incidents include:
- Being deceived into transferring funds to a fraudulent organization
- A criminal accessing your bank login and wiring money from your account
- A virus infiltrating your home network and damaging your devices
- A hacker demanding ransom to unlock your computer files
Some carriers have also expanded their definitions of coverage to include cyberbullying (Chubb and Berkley One) or lost income stemming from compromised social media accounts (Cincinnati). Coverage limits vary by carrier, but are typically offered starting at $15,000 up to $1,000,000, with pricing ranging from $10 to $200 per month.
Dwight Rudd Insurance: Personalized Protection for Your Needs
Every household faces different cyber risks, and many people do not realize how exposed they are until it is too late. That's why we take the time to understand your specific situation and recommend the coverage level that best fits your needs.
As part of our assessment, our team will consider a variety of factors unique to you: social media activity, usage of smart-home devices, remote work habits, online spending, and how sensitive documents are stored. These insights help us identify your unique exposures and recommend the right level of protection with confidence. We promise, it'll be painless!
Connect with our team to schedule a convenient time to review your cyber coverage options.