Insider Secret Rapid D&O Quotes for Staffing Firms
Cost Considerations and Real-World Examples
The cost of D&O insurance can vary significantly based on factors such as the size of the firm, the industry sector, and the specific risks involved. On average, small to medium-sized staffing firms may pay between $3,000 to $10,000 annually for D&O coverage2. However, firms with higher risk profiles or those in litigious environments might see higher premiums.
For instance, a staffing firm specializing in tech placements in Silicon Valley might face different premiums compared to a firm focusing on administrative roles in a less competitive market. Understanding these nuances can help in negotiating better terms and premiums.