Unveiled High-limit D&O Insurance Secrets Fuel Contractor Success
Cost Considerations and Financial Insights
While high-limit D&O insurance comes with a higher premium, the cost is often justified by the peace of mind and financial protection it provides. Premiums can vary significantly based on factors such as company size, industry risk level, and claims history. On average, businesses might expect to pay anywhere from $5,000 to $10,000 annually for standard coverage, with high-limit policies costing more depending on the limits and specific needs of the business1.