Cyber Insurance Cost Calculator 2025
Quick Cost Estimator
Select your industry:
- Professional Services (Legal, Accounting, Consulting): $800-$2,500
- Healthcare (Medical, Dental, Veterinary): $1,500-$4,000
- Retail (Online or Physical Stores): $1,000-$3,000
- Technology (Software, IT Services): $2,000-$6,000
- Manufacturing: $1,200-$3,500
- Real Estate: $800-$2,200
- Restaurants & Hospitality: $1,000-$2,800
Annual Revenue Impact:
- Under $1M: Base rates
- $1M-$5M: +20-40% premium
- $5M-$10M: +50-80% premium
- Over $10M: +100%+ premium
Employee Count:
- 1-10 employees: Base rates
- 11-25 employees: +15-25%
- 26-50 employees: +25-40%
- 50+ employees: +40%+
Get Accurate Quotes
Factors That Affect Your Premium
Industry Risk Level
High-Risk Industries pay 50-100% more:
- Healthcare (HIPAA data)
- Financial services
- Technology companies
- Online retailers
- Law firms
Low-Risk Industries get better rates:
- Restaurants (limited digital footprint)
- Construction
- Basic retail
- Professional services with minimal data
Security Measures That Reduce Costs
Multi-Factor Authentication (MFA): Save 10-25%
- Required for email, cloud services, admin accounts
- Most carriers now mandate MFA
Employee Training: Save 5-15%
- Regular cybersecurity awareness training
- Documented training records
- Phishing simulation testing
Backup Systems: Save 5-10%
- Automated daily backups
- Offline or immutable backup copies
- Tested restoration procedures
Endpoint Protection: Save 5-15%
- Business-grade antivirus on all devices
- Centrally managed security software
- Regular patching and updates
Revenue and Data Volume
Annual Revenue Brackets:
- $0-$1M: Base premium rates
- $1M-$5M: Expect 20-40% increase
- $5M-$10M: Expect 50-80% increase
- $10M+: Custom underwriting, significant premium increases
Data Sensitivity Multipliers:
- No sensitive data: Base rates
- Financial data (credit cards, banking): +25-50%
- Healthcare data (HIPAA): +40-80%
- Personal information (SSN, addresses): +20-40%
Why Prices Vary So Much
The same business might receive quotes from $1,200 to $4,500 for similar coverage because:
- Carrier Specialization: Some insurers focus on specific industries
- Risk Appetite: Market conditions affect carrier willingness to write policies
- Underwriting Philosophy: Different carriers weight security factors differently
- Reinsurance Costs: Carriers’ own insurance costs affect pricing
- Claims Experience: Recent industry losses impact rates
Pro Tips to Lower Your Premium
Bundle Policies: Many carriers offer 5-15% discounts when you bundle cyber insurance with general liability or professional liability coverage.
Higher Deductibles: Choosing a $5,000 or $10,000 deductible instead of $1,000 can save 15-25% on premiums.
Clean Claims History: No insurance claims in the past 5 years typically qualifies for preferred rates.
Industry Certifications: SOC 2, ISO 27001, or similar security certifications can reduce premiums significantly.
Calculator estimates based on 2025 market data. Actual premiums may vary based on specific business factors, security posture, and carrier underwriting guidelines.