Regional Manufacturers Access High-Limit Liability Insurance Secrets Today
Cost Considerations and Financial Impact
The cost of high-limit liability insurance varies depending on factors such as business size, industry, and claim history. On average, manufacturers might expect to pay between $2,000 to $5,000 annually for each million dollars of coverage2. While this may seem significant, the potential savings in the event of a claim far outweigh the premiums paid. Additionally, many insurers offer discounts for businesses that implement risk management practices or have a history of low claims.