Grange Insurance has launched its new cyber coverage for businesses.

The company said in a statement that its new coverage offers limits ranging from $25,000 to $1 million, first- and third-party coverage, and breach response planning and reputation management from IDT911, a cyber security company.

“We are proud to offer such a crucial product for our commercial customers,” said Mike Winner, the president of commercial lines. “Cyber coverage is quickly becoming a necessity for businesses of all sizes. Not only does our coverage offer a variety of options for customers, but we've also partnered with the best in the industry when it comes to protecting businesses.”

Grange said that its offering will cover the following:

- First Party: Data breach expense coverage for items such as notification letters to customers and call handling and reporting.

- Third Party: Third-party liability coverage including media wrongful acts, network security wrongful acts, and privacy wrongful acts.

- Ransomware and Extortion: Protection against criminals who install malware on personal devices and demand payment to remove it.