Private Schools Save Big with Cyber Liability Deductibles
Real-World Examples and Success Stories
Several private schools have successfully reduced their insurance costs by adjusting their cyber liability deductibles. For instance, a renowned private institution in California reported a 15% reduction in its annual premiums after increasing its deductible, allowing it to reallocate those funds to its STEM programs2. Similarly, a prestigious boarding school in New York managed to enhance its digital infrastructure by using the savings from its adjusted insurance policy, ultimately improving both its security posture and educational capabilities3.