What Is a Typical Cyber Insurance Deductible?

Small businesses typically choose a deductible between $1,000 and $2,500, according to Insureon’s data. A higher deductible generally lowers your annual premium, while a lower deductible raises your premium but reduces what you’d pay out of pocket if you ever file a claim.

See Coverage Limits and Deductibles Explained for how to think about choosing the right one for your business.