Slash Costs Now With Essential EPLI Insurance Quote Comparison
Real-World Examples and Statistics
According to a recent survey, approximately 10% of small businesses face an employment lawsuit each year, with the average cost to defend and settle a case being around $160,0001. These staggering figures underscore the importance of having EPLI coverage to mitigate financial risks. Moreover, businesses with well-documented HR policies and employee training programs report fewer claims and enjoy lower insurance premiums2.
Securing EPLI insurance is a strategic move that not only protects your business from unforeseen legal expenses but also positions you to navigate the complex world of employment law with confidence. As you explore and search options for the best EPLI coverage, remember that a thorough comparison of quotes and policies can lead to significant cost savings and peace of mind.