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Commercial/Farm Cyber Coverage

Commercial/Farm Cyber Coverage2024-07-29T13:35:53-06:00

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Are Your Policyholders Protected?

Your policyholders’ farm, ranch, or small business is more than a job – it’s also a legacy, a path toward the future, a source of pride. A cyber incident can put everything they’ve worked for at risk.

DID YOU KNOW?

88%

of small business owners feel their business is vulnerable to a cyber attack.

61%

of small businesses experienced an attempted cyber attack in 2021.

607%

increase in the number of malware detections in the agriculture sector in 2020.

Cyber Coverage from AmericanAg®

Cyber Coverage from AmericanAg® can help you protect your policyholders from the impact of cybercrime or cyber-related incidents – so that they can focus on the business of running their business.

This turnkey solution is designed specifically for these policyholders:

  • Farmers
  • Ranchers
  • Small business owners

Coverages include some of today’s most common cyber exposures:

  • Data Breach (1st and 3rd party)
  • Cyber Extortion
  • Identity Restoration

Coverage Highlights

Data Breach Response Expense (1st Party)

Reimburses the insured for costs they incur from a covered data breach at their business.

Data Breach Liability (3rd Party)

Covers damages to others that the insured becomes legally obligated to pay as a direct result of a covered data breach first discovered during the policy period and for which notification was provided to impacted individuals.

Cyber Extortion Coverage (1st Party)

Reimburses the insured for costs they incur if their business is hit by a covered ransomware attack or other cyber extortion attempt.

Integrated Support Services from CyberScout®

Educational materials, training resources, and more – all designed to give policyholders the peace of mind that comes from having a team of seasoned specialists on their side.

Identity Restoration Coverage

Reimburses the insured for costs they incur to restore their identity if they are a victim of a covered identity theft.

What to Expect from AmericanAg®

Our Cyber Coverage product is competitive, easy to implement, and backed by a company that’s committed to understanding your needs and collaborating with you on solutions to meet your goals.

We’ve developed the coverage form, underwriting guidelines, primary pricing, marketing material templates, and other tools and guidance – so that you can get started without the hassle of new product development.

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