Consumer indifference is still a challenge for personal cyber insurers

| March 9, 2020

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Only about one in 10 connected Americans say they have insurance to help them recover from a cyberattack. And close to half do not know whether they have this protection, according to the Insurance Information Institute and J.D. Power 2020 Consumer Cyber Insurance and Security Spotlight Survey℠. Because of consumer confusion about their current cyber coverage, and the persistent idea that consumers are unwilling to pay more, insurers are faced with a challenge. They need to find a way to educate and inform consumers about the benefits of personal cyber insurance, and its value for helping them recover from thousands of dollars in personal losses after an attack.

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Norton Insurance Brokers Limited

Norton Insurance has been providing specialized insurance solutions for over 50 years. We're a award-winning broker with customer-focused values. Under our Heritage brand we insure classic cars, we offer multi-car cover that allow you to put your classic and modern vehicles on one simple policy, and we provide home and travel insurance. Our commercial brand, Trade sure. takes care of customers' motor trade and other commercial insurance needs, including a new offering in cyber protection.

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Spotlight

Norton Insurance Brokers Limited

Norton Insurance has been providing specialized insurance solutions for over 50 years. We're a award-winning broker with customer-focused values. Under our Heritage brand we insure classic cars, we offer multi-car cover that allow you to put your classic and modern vehicles on one simple policy, and we provide home and travel insurance. Our commercial brand, Trade sure. takes care of customers' motor trade and other commercial insurance needs, including a new offering in cyber protection.

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