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Willingness to pay for cyber insurance next to property insurance in the U.S. 2019

According to a 2019 survey, consumers in the United States of America were reluctant to pay for cyber insurance on top of their property insurance. Less than two out of 10 U.S. consumers indicated they would be willing to purchase cyber insurance if it was a small additional fee on their property insurance. The source seems to indicate this willingness was slightly higher among younger age groups than it was among older respondents, but is not very clear about this.

Would you purchase cyber insurance if it was a small additional fee on your property insurance?

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Sources

Release date

June 2020

Region

United States

Survey time period

October 2019

Number of respondents

2,011 respondents

Age group

18 years and older

Special properties

U.S. consumers

Method of interview

Online survey

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Statistics on "Cyber insurance"

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