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Financial Considerations and Pricing
The cost of cyber liability insurance varies depending on several factors, including the size of your business, the industry you operate in, and the level of coverage required. On average, small businesses can expect to pay between $1,000 and $7,500 annually for a cyber liability insurance policy3. However, bundling your coverage with other types of insurance can lead to cost savings. It's important to compare different policies and providers to find the best fit for your business needs.