Protect Your Contracting Business Before a Cyberattack Costs You Everything
Cyber Insurance Group builds cyber liability coverage around the real risks contractors face, not a generic policy. Licensed in 28 states, backed by 12+ A-rated carriers.
Compare your business across 12+ A-rated carriers in about 4 minutes, free and with no obligation. Your submission goes to a licensed agent who works cyber liability every day.
Technology Moved Faster Than Your Coverage Did
Most contractors we talk to haven’t thought about cyber risk until something already went wrong, or almost did.
You store customer data (names, payment info, maybe health records) and you’re not sure what your real exposure is if it’s breached.
You accept online payments or run point-of-sale systems, but have never confirmed whether a payment compromise is actually covered.
You’ve never been walked through what a ransomware attack would actually cost you in downtime, recovery, and lost business.
Your current policy, if you have one, was written before remote logins, cloud tools, and phishing emails became part of daily business.
We shop your coverage with A-rated carriers like
Why Cyber Liability Coverage Matters for Contractors
Contractors move large sums between owners, subcontractors, and suppliers on tight job schedules, putting them squarely in the crosshairs of business email compromise schemes that redirect payment on a job-cost invoice before anyone notices. There is no dedicated cybersecurity regulation for the construction trades; a contractor that loses project data, payroll records, or client information in an attack answers to the same state data breach notification laws as any other business.
The FBI’s Internet Crime Complaint Center logged 24,768 business email compromise complaints and $3.05 billion in reported losses nationally in 2025, with the average loss per incident around $137,000, up from about $74,723 in 2019. A single rerouted payment or ransomware incident that halts a job site can still cost far more than most contractors expect, which is why cyber liability coverage is worth having even without a legal mandate to carry it.
Our Comprehensive List of Cyber Coverage Operations
Don’t leave your organization’s security to chance. Explore our comprehensive list of coverage operations.
First-Party Coverage
If your systems go down or your data is stolen, this pays to get you back up and running, covering data recovery, lost income during downtime, and extortion demands, not just the IT bill.
See What’s CoveredThird-Party Coverage
If someone sues you because their data was exposed through your business, this covers your legal defense, regulatory fines, and settlement costs instead of coming out of your own pocket.
See What’s CoveredAdditional Coverages
Round out your policy with crisis PR support, breach-prep services, and employee security training, the pieces that keep a bad day from becoming a bad year.
See What’s CoveredThe Cyber Insurance Group Match
Our named process for finding the right coverage for your contractors business, fast and without the guesswork.
Tell us about your business
We ask what data you handle, what systems you run, and where your actual exposure lives before we talk price.
We match you across carriers
We compare options across 12+ A-rated carriers and explain the differences in limits, exclusions, and deductibles.
You’re protected
Nothing is bound until you approve. Once covered, we track renewals and revisit coverage as your business grows.
Real Cyberattacks on Contractors Businesses
If you run a construction or trades business, your biggest cyber risk probably isn’t a hacker stealing data, it’s a fraudulent email convincing you or your client to wire a progress payment to the wrong account.
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2026Laurens County, South CarolinaGovernment Client Defrauded via Contractor Impersonation
Cybercriminals compromised email communications and sent fraudulent invoices posing as the county’s construction contractor, inducing four separate wire payments totaling roughly $1.5 million before the scheme was discovered.
Source → -
2026Surfside Beach, South CarolinaMunicipality Paying a Construction Contractor
The town sent roughly $545,000 to a fraudulent bank account while attempting to pay a construction contractor; state law enforcement opened an investigation.
Source →
By the Numbers
- Business email compromise was the second-costliest internet crime category in 2023, with 21,489 complaints totaling $2.9 billion in reported losses.FBI Internet Crime Complaint Center, 2023 Internet Crime Report. Source
What This Means for Your Business
There’s no construction-specific cyber regulation the way PCI-DSS governs card payments. The real driver is that construction payments, progress draws, subcontractor payments, and title or escrow disbursements, are typically large, infrequent wire transfers authorized by email. That’s exactly the pattern the FBI’s business email compromise guidance warns about, and the two South Carolina cases above show it isn’t limited to private contractors; it hits any business that gets paid this way. Source.
Real Licenses, Not a Marketing Claim
Cyber Insurance Group is a brand of The Allen Thomas Group, independent since 2003 and holding active insurance licenses in all 28 states we serve. No single insurer signs our paychecks. With 12+ A-rated carriers to choose from, our job is matching your business to the coverage that actually wants it.
Carriers we work with include Chubb, Travelers, The Hartford, Liberty Mutual, Nationwide, Progressive, Cincinnati Insurance, Auto-Owners, AmTrust, and Western Reserve Group. Not every carrier writes in every state.
See our full state-by-state license numbers, or meet the team behind the site.
Before You Decide
The objections we actually hear from business owners, answered straight.
Do contractors need cyber liability insurance?
The exposure for a trades or construction business is money moving, not data stored. The FBI’s Internet Crime Complaint Center recorded business email compromise as the second-costliest internet crime category in 2023, with 21,489 complaints and $2.9 billion in reported losses.
What does cyber liability insurance cover for a construction business?
Funds transfer fraud and social engineering, which answer a payment sent on a fraudulent instruction, plus breach response for project and employee data, business interruption, and extortion response if project systems are locked.
What does cyber liability insurance not cover for a contractor?
It does not cover physical damage on site, tools, or equipment, which sit with your property, inland marine and general liability policies. Faulty workmanship is also outside it entirely.
Is cyber liability insurance required for contractors?
There is no construction-specific cyber regulation the way PCI DSS governs card payments. The requirement, when it appears, comes from the contract: owners and general contractors increasingly specify coverage before awarding work, particularly on public projects after incidents like the two South Carolina cases described above.
How much does cyber liability insurance cost for a contractor?
Most small businesses pay between $400 and $8,000 a year, with the average landing around $1,500, usually toward the lower end for a trades business, because the driver is payment volume and process rather than stored records. See the cost guide, or get a number for your business.
We don’t store sensitive data. Why would we need cyber insurance?
Your biggest exposure isn’t stored data, it’s a fraudulent email convincing you or a client to wire a payment to the wrong account. That loss isn’t covered by general liability insurance.
Ready to See What You’d Pay?
Independent agents, 12+ A-rated carriers, and a licensed cyber liability specialist reviewing your submission.
No cost to get a quote. Nothing is bound until you approve.
What Does Your Trade Actually Leave Behind?
Every trade hands something over at the end of a job. The cyber exposure follows whatever you kept: a code, a drawing, a login, or a payment file.
Fire, Alarm & Security
Your records are not information about a customer’s building. They are the instructions for defeating the systems protecting it.
See Alarm Installer CoverageGeneral Contractors
You are a payment hub holding banking details for every sub you pay, and a vault of pre-award bid pricing.
See General Contractor CoverageLow-Voltage & Network
You build the network every other system in the building depends on, and you usually keep working access after handover.
See Low-Voltage CoverageUtility & Infrastructure
NERC CIP binds the utility, not you. It reaches your company through the procurement process the standard makes them run.
See Utility Contractor Coverage