Am I covered if there is a ransom demand to regain access to my computer?

Imagine this: You have several smart devices in your home, including security cameras. While using your computer to adjust security camera settings, the screen freezes, and a message appears demanding a ransom to regain access to your computer.

Will my insurance cover this?
A standard home insurance policy does not typically cover cyber extortion or ransomware, but some companies offer an option to purchase coverage for cyber-related losses. Acuity offers Identity Fraud Expense and Cyber Protection as an endorsement to supplement your policy.

What special endorsements do I need to help ensure this is covered?
Acuity’s Identity Fraud Expense and Cyber Protection would most likely cover the ransom payment and other costs related to ransomware removal.

We understand recovery efforts from cyber threats can be time-consuming, costly, and exhausting. Acuity’s comprehensive cyber protection also includes:

• Additional coverage to help protect you and members of your household from financial loss caused by a cyber or identity fraud-related event.
• Reimbursement for legal expenses if someone claims you are responsible for the loss of their personal information. (Reimbursement for legal costs is not valid in AR.)
• Payment for financial loss caused by online harassment or cyberbullying.

How do I make sure I have this coverage?
Check the declarations page of your homeowners insurance policy or contact your independent agent today.