Insurance Covering Data Recovery

There is a shift starting to take place in the insurance industry for both homeowners and renters insurance where they have been covering the cost of data recovery. It could be called "loss of intellectual property" by some of them and would probably be in the section under valuable records and documents - possibly in the liability coverage section. Another section to look over would be in the property/casualty coverage. If they have blanket coverage, this could include data loss along with the property damage. "...the damage, destruction or loss of property from an identifiable event that is sudden, unexpected or unusual."

For business insurance the terminology used would be "business critical". Basically, the business/company can't move forward without getting their data back.  (Also, in the majority of cases, fees for data recovery can be written off as a business expense at tax time. Customers should check with their accountants.)

Evaluations

We are now offering free evaluations.  If we can't recover your data, there is no charge.