Landlords snag ultimate peace cyber coverage deal
Real-World Examples and Pricing
Real-world examples illustrate the impact of cyber threats on landlords. For instance, a property management company in California faced a ransomware attack that compromised their tenant database, resulting in significant financial losses and reputational damage2. Cyber insurance helped cover the costs of data recovery and legal proceedings, allowing the company to resume operations swiftly. Pricing for cyber insurance varies depending on factors such as the size of your portfolio, the level of coverage, and your security measures. On average, premiums can range from $1,000 to $7,500 annually for small to medium-sized landlords3.
As the digital landscape evolves, landlords must stay vigilant against cyber threats. By securing comprehensive cyber coverage, you can protect your properties, tenants, and financial interests from potential cyber incidents. Don't wait until it's too late; visit websites of reputable insurers to explore specialized options and ensure your investments are safeguarded.