Cyber insurance protects against cyberbullying , cyber attacks

What is personal cyber insurance?

Personal cyber insurance helps pay for financial losses and recovery expenses after a covered cyber incident. It is usually sold as an endorsement on homeowners insurance.

As our lives become more digital every day, the risk of your personal data being breached is growing. Personal cyber insurance coverage protects you from a wide variety of risks associated with our digital lives.

What does cyber insurance cover?

Personal cyber insurance covers specific losses and expenses after a covered cyber incident. Depending on the policy, coverage might include data recovery, identity theft recovery, online fraud, cyber extortion, and cyberbullying. Each insurer sets its own coverage limits and exclusions.

Personal cyber insurance covers costs associated with:

Cyber attacks. Removing a virus from personal computers and tablets and restoring data lost in a breach.
Cyber extortion. Responding to and paying for a ransomware attack, where a hacker holds data hostage in exchange for a ransom payment.
Identity theft recovery. Reimbursing financial losses connected to identity theft or phishing schemes.
Cyberbullying. Supporting an individual who suffers a cyberbullying attack, including paying legal expenses, temporary relocation expenses or private tutoring.
Online money transfer fraud. If you are scammed by someone claiming to be a friend or family member, insurance will help you recover the money.

Coverage limits vary by provider. Limits range from $25,000 up to $1 million or more with some companies.

What isn't covered by personal cyber insurance?

Personal cyber insurance does not cover every type of online loss. Your policy lists the specific events, people, transactions, and expenses it excludes. Common exclusions include certain business, investment, and gambling losses.

Cyber insurance for individuals doesn't cover:

Losses for which you are legally liable
Losses due to the confiscation of your property by legal authorities
Loss of digital currency
Anything that happens as part of a campaign for public office
The actions of a household member, employer or coworker and other specific people listed in the policy
Widespread cyberattacks
Losses related to gambling, investments, or transactions

How much cyber insurance do I need?

The amount of coverage you need depends on your personal cyber risk level. If you're a basic internet user who does some shopping online and is savvy about potential scams, your risk may be low. If you have teens in the house using the internet, do a lot of internet transactions like investments and banking, or have people living with you who are more likely to fall for an online scam, you should consider extra coverage.

According to the Insurance Information Institute (Triple-I), the average home cyber attack costs over $10,000.

How much does cyber insurance cost?

The average cost of cyber insurance varies by company and coverage amount. Chubb lists the cost of its Blink by Chubb cyber insurance program as starting at $5 a month for $10,000 in coverage. Chubb also offers higher coverage limits, including $25,000 and $50,000.

How to find the right cyber insurance policy

To find the right cyber insurance policy, start with your current homeowners or renters insurance company and ask about its personal cyber coverage. State Farm, Chubb, Safeco, Nationwide, and other insurers offer personal cyber protection, either as an endorsement or through a separate policy.

If your current insurer doesn't have the coverage you need, or if you're already considering shopping around for new home insurance, the following home insurance companies offer personal cyber insurance:

State Farm
Chubb
Hanover
Allstate
Mercury
Arbella
Safeco
Travelers
Nationwide

Most people will be fine with a basic endorsement on their home insurance. However, there are also standalone options. Some are sold by well-known companies, such as Chubb's standalone cyber insurance, Blink. There are also cyber insurance companies that specialize in this type of coverage.

Sources

Insurance Information Institute. "Addressing the Personal Cyber Protection Gap." Accessed September 2026

Frequently asked questions

Do I need personal cyber insurance?

Anyone can be the victim of a cybercrime, and in our digital world, cyber insurance is a smart purchase.

Is cyber liability insurance worth it?

Yes, if you want additional protection from covered cyber losses. Cyber insurance helps pay certain costs related to cyberattacks, identity theft, online fraud, and other covered incidents.

Does renters insurance cover cyberattacks?

No. Standard renters insurance does not automatically cover all losses from cyberattacks. Some insurers offer personal cyber protection as an endorsement to renters insurance.