typing on a laptopLike many other industries, medical practices are entering the digital age. Medical practices use digital technology to make diagnoses and keep medical records.

In a large practice, it's important to have a system that transfers and stores data securely. System hardware and networks are imperative to the functions of a data system.

There’s always a chance that your data systems or hardware could fail. You could face losses that may damage your equipment and make operations difficult. You might even lose data that is critical to your patients’ well-being. In these cases, it may surprise you to learn that inland marine insurance can protect you.

How Inland Marine Insurance Protects Data

In an organic sense, inland marine insurance usually covers property when it is on the road. Simply, it protects goods while they are under transport. Still, nowadays, the definition of transportation has widened.

Inland marine insurance has expanded to sometimes protect hardware and software networks. Think of your data hardware as a highway transfer system. You are moving data across your hardware and networks to complete your work.

Should your systems fail or get damaged, inland marine coverage could cover repairs. Policies may pay for damages to data, hardware or other information systems.

Remember to Include Other Insurance

You might think that your standard personal property insurance will protect your hardware. Often, this is true. However, coverage for data systems is unique when insuring property.

Some standard property policies may exclude computer networks. Additionally, you can’t always guarantee that you will carry enough coverage on your personal property insurance to fully cover potential data hardware losses. The cost of hardware needed to run a medical practice is often quite expensive.

Many policyholders also ask how cybersecurity insurance may cover hardware losses. In most cases, cyber insurance only covers losses of data resulting from hacks or other breaches. It may not protect you from damage to a system’s hardware.

With inland marine insurance, you can protect your hardware with specific coverage. This ensures that these unique systems have a policy all their own.

Joseph A. Britton Agency wants to cover every aspect of a medical practice. For that reason, we offer inland marine insurance for multiple scenarios. If you need help choosing a policy, contact us at (908) 654-6464 for more information.

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016

View Mobile Version
Count on us to provide you the information and coverage you need.
  • Affordable, dependable medical malpractice insurance
  • General liability insurance
  • Workers’ compensation coverage
  • Directors’ and officers’ liability insurance
  • Employment practice liability coverage
  • Cyber liability coverage
  • Billing errors and omissions insurance
  • HIPAA liability insurance
  • Umbrella liability coverage
  • Property insurance
  • Commercial flood and inland marine coverage
  • High quality disability insurance
Contact an Agent to discuss your coverage options in detail. Request a Quote Call 800.462.3401
  • The Hartford
  • Princeton Insurance
  • MedPro Group
  • Coverys
  • MD Advantage
  • Conventus
  • Physicians' Reciprocal Insurers
© Copyright. All rights reserved.
Powered by Insurance Website Builder