Report: Cyber liability insurance costs up slightly in New Hampshire

Average premium for $1 million in coverage increases to $1,431, a 1% rise

February 18, 2021

Jeff Feingold,

The average cost of a cyber liability insurance policy in New Hampshire rose slightly in 2020, according to a recently released report from AdvisorSmith, the insurance research firm.

According to AdvisorSmith, the average premium in 2020 for a New Hampshire business was $1,431 for $1 million in cyber liability coverage with a $10,000 deductible for a business rated as a moderate risk and with $1 million in revenue. In 2019, the cost was about 1% lower, with a 1,416 average premium.

The state average was still about 3.5% lower than the 2020 national premium average of $1,485 per year, although the national average declined about 1% from 2019.

Categories: News, Technology

More news from NHBR:

Is unemployment uptick a concern in NH?

So far this year, the unemployment rate is ticking up, reaching 3% in February and 3.1% in March through July, and dipping slightly back to 3% in August

From Lakes Region to Global Stage: ePropelled Expands to Lead Drone Motor Production

ePropelled earns DoD supply chain certification, boosting U.S. drone dominance

Littleton Regional Healthcare selects Dartmouth Health as preferred future partner

After two years of extensive evaluation of various affiliation models, the Littleton Regional Healthcare (LRH) Board of Trustees has chosen Dartmouth Health (DH) as its preferred partner. LRH and DH have signed a letter of intent, which serves as the next step toward LRH joining the Dartmouth Health system.

NH trade mission to Canada seen as having positive results

Gov. Kelly Ayotte led the visit, which included a selection of policymakers as well as businesspeople representing a wide array of enterprises.

Jim Loomis, Bottomline Technologies co-founder, dies at 75

James “Jim” Loomis, co-founder of Portsmouth-based Bottomline Technologies, passed away on Sept. 6 in his hometown of Dover after a period of declining health. He was 75. After its creation in 1989 with business partner Daniel McGurl, Bottomline became a worldwide leader in automated business payments and cash management.

Stand Alone Exterior Solar Panel System Installation, Renewable Green Energy Generation Concept.

Keene Housing expands solar energy efforts with new installations in Monadnock Region

The nonprofit and ReVision Energy expand renewable energy portfolio with new solar panels across five properties in the Monadnock Region

Shannon Rogersheadshot2 Emilylordphoto 33

Note from the field: The outdoor economy is everyone’s economy

New Hampshire’s $4B outdoor economy supports 32,000 jobs and ranks 8th in the nation.

I-95 median barrier: $4.6M project approved after NH highway deaths

A nearly $4.6 million contract has been awarded for the construction of a five-mile median barrier on Interstate 95 in New Hampshire with the goal to prevent highway deaths.

Several Real Estate Signs During Spring.

NH residential real estate: ‘Still very much a seller’s market’

While home prices might be moderating in other parts of the country, the median price of a single-family house in New Hampshire rose to $550,000 in August, the second highest price point this current year. That price is just $3,000 more than the $547,000 recorded in July, but it is $47,500 more than January’s $502,500. The highest median price in 2025 was $569,450, recorded in June and the most ever recorded in the state.