Who needs it
Trucking companies and brokers that rely on dispatch software, email and online payments, or keep driver and customer data.
What it pays for
- Experts to investigate and fix a breach
- Notifying affected drivers and customers
- Lost income while your systems are down
- Ransomware response, which can include the ransom where the policy allows
- Claims from people whose data was exposed
What it won't pay for
- Freight stolen by someone posing as a motor carrier, usually (that's cargo or contingent cargo)
- Fake payment instructions sent by email, unless you add social engineering coverage (often a lower limit)
- Problems you knew about before the policy started
- Upgrading your systems after an attack
What moves the price
We don't show prices online. These are the things an agent and the insurance companies look at.
- Your revenue
- How much driver and customer data you keep
- Security basics: multi-factor login, backups, training
- Your claims history
- The limit and deductible you choose
Real situations
- Ransomware locks your dispatch and billing systems for days. Cyber insurance pays experts to restore them and covers income you lost while they were down.
- A hacker gets into your email and steals drivers' personal information. Cyber insurance pays to notify the drivers and handle claims from them.