Insurer pays not once, but twice for ransomware payments

Hello folks, saw an article I read Insurer Chubb paid $65,000 to help a city unlock ransomware in 2018. A second hack was more expensive. Thi article was written by Tim Starks. I wonder what the cost of insurance would cost for something like this? We know health insurance is outrageously priced, what about this?

A city in California didn’t disclose a ransomware payment for more than two years after its insurer covered the cost, the city manager acknowledged amid yet another ransomware attack on the municipality.

In 2018, officials in Azusa, Calif. paid $65,000 through its insurer Chubb to free up its most vital system and used a free decryption key to unlock the others, City Manager Sergio Gonzalez said. The hackers took control of the city’s police dispatch system for more than a week in the fall that year, he said.

There’s plenty more, but we aught to find out how much this type of thing costs and if it is worth it today. Thoughts?