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Cost Considerations
The cost of D&O insurance varies based on several factors, including the size of the company, industry risk, and claims history. On average, small to medium-sized enterprises might spend between $5,000 to $10,000 annually on premiums, while larger corporations could see costs upwards of $50,0002. To find the best rates and coverage options, companies should compare policies from multiple insurers, taking into account the specific risks associated with their industry.