Electronic Data Loss Insurance

Your data is the life blood of your business. Our Electronic data loss protection insurance safeguards your business in the event you lose all your important business information. 

What is covered?		What is not covered?
Lost or damaged electronic data		Your liability due to data loss
Interruption of computer operations		Your mistakes
E-commerce coverage		Employee actions

Electronic data loss insurance does cover:

Lost or damaged electronic data

You never know when you may lose all your important data, which is why you must be protected. Our standard business owners policy coverage includes up to $10,000 of coverage to replace or restore your electronic data that is lost as a result of an insured loss, e.g., a  fire that destroys your computer system or a virus.

With this upgrade, we increase your electronic data loss limit to $25,000. This coverage is recommended to professional services businesses, as we understand that your data is the lifeblood of your business.

Interruption of computer operations

Data loss can severely impact a business. That’s why our standard business owners policy coverage includes up to $10,000 of coverage for the actual income your business loses and extra expenses incurred if you cannot operate your business due to the data loss. By purchasing this upgrade, we also increase this limit to $25,000.

E-commerce coverage

This coverage doesn’t exist in our standard business owners policy. However, our electronic data loss protection insurance upgrade includes up to $25,000 in coverage for loss of electronic data used in e-commerce activities and the lost business income associated with that loss. This coverage is recommended for businesses that trade over the Internet and through other means of e-commerce.

Electronic data loss insurance does not cover:

Your liability due to data loss (not a third party)

The Hiscox electronic data loss liability upgrade package only covers your losses due to lost electronic data. It does not provide any coverage for a liability you may have to a third party due to such losses.

Your mistakes

We won’t cover any losses due to a mistake in processing electronic data, or mistakes made in the design, implementation or support of your computer systems or networks, unless those mistakes result in a fire that subsequently destroys the data.

Employee actions

Hiscox won’t cover any losses to electronic data if those losses are a result of your employees’ actions, whether intentional or not.