Data breach coverage provides protection if a client or customer’s personal, sensitive, or confidential information may have been released. This coverage pays the costs of notifying affected people, the costs of credit monitoring services, and the fees of a public relations firm, in case you have to rebuild your reputation. It can be added on to a business owner’s policy or issued as a standalone policy, depending on the risks of your business. The more customers you have, and therefore, the more data you keep, the higher the risk, and the more likely the need for a standalone policy. Data breach risks are often overlooked. Paying for data breaches is no small feat.