Question 1

How much does cyber insurance cost for a Canadian small business?

Accepted Answer

Canadian small businesses typically pay $500–$5,000 per year for cyber insurance, depending on revenue, industry, and AI tool usage. Businesses using AI tools like ChatGPT or Copilot may face higher exposure due to prompt injection, data leakage, and agentic workflow risks that traditional policies may not cover.

Question 2

Does my cyber insurance cover AI-related risks?

Accepted Answer

Most traditional cyber policies were written before widespread AI adoption. Prompt injection, model extraction, AI data leakage, and agentic automation are often excluded or ambiguously covered. CyberAgency Essential helps you identify these gaps before a claim forces the issue.

Question 3

Is this calculator a quote?

Accepted Answer

No. This tool provides an indicative cost range based on Canadian market benchmarks. Actual premiums depend on your specific risk profile, security controls, claims history, and carrier appetite. Start with our free AI risk assessment for a personalized evaluation.

Cyber Insurance Cost Estimator

Your Indicative Annual Range

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