How Much Does Cyber Insurance Cost?

Chubb says its premium reflects coverage scope and limits, while insurers may evaluate operations, data, vendors, and security practices. Ask each broker to quote the same limit, retention, and options so the price comparison is meaningful.

To compare proposals, use the same business details, policy period, limits, sublimits, retention, waiting period, retroactive date, and coverage options. Ask whether incident-response costs erode limits, what vendor outages qualify, and whether funds-transfer fraud is included or endorsed. Do not treat a low premium as equivalent protection unless the wording and exclusions also match.