Compare GDPR Cyber Insurance

GDPR Insurance

Compare GDPR Insurance

Since the start of the digital age, companies have held more data, including customer data, patient information, contact details, employee information, and more. While this has helped a lot of companies work more efficiently, it also opens companies up to higher risk from data breaches, and companies have to be sure to follow the General Data and Protection Regulation rules carefully. That’s why so many companies look for the best GDPR insurance to cover them if anything happens.

Here at Quotezone, we have a quick and easy tool to help you compare UK GDPR insurance options. Comparing quotes gives you the chance to save time and money while looking for the right insurance for your needs.

What is GDPR insurance?

GDPR insurance is designed to protect you and your business in case of a data breach, data loss, or a cyber attack that compromises private information. It can also help in some cases if you have failed to comply properly with GDPR requirements.

Is GDPR insurance the same as cyber insurance?

GDPR insurance is one of the main parts of cyber insurance. Most cyber insurance policies will also cover you for things such as network security issues, interruption of work due to cyber attacks, liability, and errors by your employees that cause cybersecurity weaknesses. You can get cyber insurance policies that cover just one or many of these aspects.

Is GDPR the same as data protection insurance?

Data protection insurance and GDPR insurance are largely the same in that they cover you for data breaches and data losses. However, GDPR protection will also cover you specifically for GDPR issues. You should check what type of data protection your insurance provider offers before buying a policy.

Do I need GDPR insurance?

There is no legal requirement to have GDPR insurance, though you need to make sure that you have proper data protection measures in place. However, even if it is not required, GDPR insurance can help you cover the costs that follow a data breach. These costs can include hiring lawyers for legal defence, hiring specialists to investigate the breach and associated PR costs for managing your customer relations post-breach.

When should I get GDPR insurance?

You can get GDPR insurance as soon as you start your business and start to hold people’s data. This is advisable because it makes sure that you are covered from day one.

How can I find cheap GDPR insurance?

You can find cheap GDPR insurance by comparing options from insurance providers throughout the UK with Quotezone. Comparing quotes will help you see, at a glance, what the options are. You can also save money by checking that your insurance coverage is appropriate and by paying your premiums yearly rather than monthly.

How long does a GDPR insurance policy last?

Most GDPR insurance policies will last for one year, much like other types of insurance. You might be able to get shorter insurance terms if you only need the insurance for a single project or a shorter period of time.