Maximize Savings With D&O Insurance For Developers
Financial Benefits and Cost Savings
Investing in D&O insurance can lead to significant cost savings in the long run. By covering the legal and settlement costs of potential lawsuits, this insurance prevents unexpected financial burdens. The cost of D&O insurance can vary based on several factors, including the size of the company, the industry, and the level of risk involved. Typically, premiums for small to medium-sized enterprises range from $5,000 to $10,000 annually1. However, by shopping around and comparing policies, developers can find competitive rates that fit their budget.