Cyber Coverages and Smart Home Liability in Construction

Many insurance coverage forms have data exclusions, but in the 21st century cyber and Internet of Things (IoT) claims are increasing for all small businesses, including homebuilders. Sometimes even a dedicated cyber policy will deny a claim because the data belongs to the homeowner, not the contractor, even though the contractor is at fault. This kind of coverage nuance makes it essential to be well-educated on this new world of risk.