Electronic data loss insurance does cover the following:

You lost or damaged electronic data. You never know when you may lose all your essential data, so you must be protected. It pays to replace or restore your electronic data lost due to an insured loss, e.g., a  fire that destroys your computer system or a virus.

Interruption of computer operations. Data loss can severely impact a business. EDP policies can also include coverage for the actual income your school loses and extra expenses incurred if you cannot operate the school due to the data loss.

Electronic data loss insurance does not cover the following:

Your liability is due to data loss (not a third party). A standard EDP only covers your losses due to lost electronic data. It does not provide any coverage for a liability you may have to a third party due to such failures.

Your mistakes. A standard policy doesn’t cover any losses due to an error in processing electronic data or mistakes made in the design, implementation, or support of your computer systems or networks unless those mistakes result in a fire that subsequently destroys the data.

Employee actions. A standard policy won’t cover any losses to electronic data if those losses result from your employee’s actions, whether intentional or not.