At ContractorNerd, we make it easier for contractors to get the right cyber insurance. With our technology and industry know-how, you get personalized recommendations, can compare different carriers, and secure coverage in just a few days.
We handle the details of cyber insurance, so you can spend more time growing your business and less time worrying about online risks.
The Growing Cyber Risk
According to the 2024 Travelers Risk Index, cyber threats rank as business owners’ top concern for the fourth consecutive year, with 62% expressing significant concern about cyber risks. Yet half of surveyed owners lack cyber insurance, and 70% don’t have basic security tools or incident response plans.
Because many construction businesses work with lots of partners and digital tools, the gap between knowing about risks and taking action leaves the industry open to more cyber attacks.
What Cyber Insurance Covers
Cyber insurance helps cover the costs if your business faces a digital attack or data breach. For contractors, a good policy usually includes:
First-Party Coverage:
- Data breach response and notification costs
- Business interruption compensation
- System restoration and data recovery
- Ransomware and extortion payments
Third-Party Coverage:
- Privacy liability lawsuits
- Network security claims
- Regulatory fines and penalties
- Legal defense costs
Most policies also give you quick access to IT experts, legal help, and PR professionals to handle any incidents right away.
How ContractorNerd Simplifies Your Cyber Insurance Journey
You shouldn’t have to deal with confusing terms or piles of paperwork just to protect your construction business from cyber threats.
In some cases, basic low-limit cyber liability endorsements may be added to your existing policies.
For comprehensive standalone cyber insurance policies, we’ve modernized the entire process:
Step 1: Smart Risk Assessment. Our online platform asks clear, simple questions designed for construction businesses. You won’t find confusing terms or have to fill out the same information over and over.
Step 2: Curated Carrier Matching. Access cyber specialists and exclusive rates through our carrier relationships, seeing every viable option for your business.
Step 3: Instant Coverage Activation. You can complete your policy online, pay securely, and download your certificates right away, all in one simple step.
With this efficient process, you can go from your first assessment to full protection in just a few days, with all the documents your clients need ready to go.
Secure Your Coverage Today
With ContractorNerd’s modern platform and expert brokers, getting cyber protection only takes a few days. Our licensed specialists review your digital setup, explain situations that matter to construction, and help you find ways to save money, all while keeping your coverage strong.
Try ContractorNerd’s simple approach to cyber insurance. Get the protection your construction business needs from brokers who understand your work and speak your language.