Internet businesses find that their security is being exposed to the possibility of getting hacked by the hackers and also vulnerable to computer viruses. To increase their own security, as well as that of their clients, web-based businesses are taking out special insurance policies that cover any liability which may lead to a result of damage done to their business.

This kind of internet business insurance is also called as e-commerce insurance specifically designed for online businesses like online services, web auctions, web hosting, web blogs, and other online business transactions. It provides coverage from losses against internet hackers, copyright protection, meta-tag abuse, privacy violators, trademark violation, vandalism or destruction of others property, spammers, the troubles with online functionality and other damages that the online business may suffer during its operation. These types of online destruction and attacks are beyond the control of the internet business operators.

Internet business insurance premiums depends mainly on the degree of the coverage as well as the location and type of your business. But still online businesses do not have certain provisions for getting their business insured. One way to stay competitive in online marketing can be done by protecting your business trade secrets. This is the best way to gain advantage over other internet businesses or trading online businesses.

Web insurance provides reimbursement that are internet specific in nature. Also the web insurance claims for business may include the illegal use of funds that are redirected by the internet hackers, direct threat of a website which is hacked, and the problems caused by the viruses.