This type of insurance covers your business’ liability and additional expenses for a data breach in which your business information is exposed, stolen, or held ransom. It is designed to cover a blend of liability and additional business costs.


Third-party claims (people sue your company or make claims against you). Common costs include:

  • Legal defense, settlements and judgments, negligence, failure to maintain security procedures
  • Network Security and Privacy Liability: consumer data breach, unauthorized access, destruction of data, viruses/malware, social engineering (phishing)
  • Communications and Media Liability: copyright/trademark/logo infringement, plagiarism, defamation or disparagement, libel and slander
  • Regulatory claims

First-party claims (direct costs to your company to respond to a breach). Common costs include:

  • Legal advice, notification costs of communicating the breach, forensic investigation, funds transfer fraud, cyber extortion, cyber terrorism, public relations expenses, travel expenses to mitigate damages, crisis communications, and setting up a call center.
  • Privacy Event Expenses: covers breach of physical records, rogue employees, loss of laptops or USB drives.
  • Business Interruption: covers loss of profits and extra expense during the time your network is down. Although your business may have Business Interruption coverage as part of your property coverage, cybercrimes are often excluded.

Multiple insuring agreements are available and can be assigned limits and deductibles to suit your individual business needs and exposures.


Commercial Auto

Provides Automobile Liability and Physical Damage coverage for “autos” used in your business. “Autos” can include cars, trucks, vans, trailers, or other vehicles designed for use on public roads.


Commercial Package / Business Owners Policy

Commercial Package / Custom coverage that combines two or more coverage forms, such as: Property, Liability, Business Auto, Inland Marine, and Crime.


“What our clients say”

“Goodman Venegas' expertise has helped us with our standard general liability, workers' compensation, and auto policies as well as leading us in our search for cost savings in our medical insurance policies.”-Willford (Bill) Ebright, Controller-Production Services Management Inc. (Saline, MI)


We’re here for you. If you need help, would like to find out more about our agency, or if you are ready to request an insurance discovery session, then let’s talk.

  • 2800 Livernois Road, Suite 170
  • Troy, MI 48083
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