Highest Expensive State For Cyber Insurance

By purchasing cyber insurance will help to protect your firm from the increasing number of threats which will cost you more in Delaware as compared to other US states.

The recent study by business insurer Mr.Advisor Smith who has found that the average cost of annual cyber insurance in the Blue Hen State is 8.34% even higher than the national average.

This study has been conducted by using the quote estimates that has been gathered in August and September 2019 and also the rate fillings has been supplied around 50 insurance companies all over America between January 2019 to September 2019.

The state North Carolina which is one of the second most expensive state for cyber insurance with an average annually cost of $1,611 where in the other end the state like Arizona, Michigan and Minnesota offered the most cheapest cyber insurance.

The Marsh-Microsoft Survey 2019 which was published yesterday has found that only 17% of executives said that they has spent more on a cyber-risk over the last year.

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