Landlords slash costs with cyber insurance renewal secrets

Real-World Examples and Pricing

The cost of cyber insurance varies widely based on factors such as the size of your business and the level of coverage required. On average, small businesses might pay between $1,000 and $7,500 annually for cyber insurance². However, landlords who actively engage in risk management and cyber defense strategies often secure lower rates. For example, a property management company in Texas reduced their premiums by 20% after implementing comprehensive cybersecurity training for their staff³.