Grab Essential D&O Coverage Quotes and Empower Your Startup
Cost Considerations and Potential Savings
The cost of D&O insurance can vary significantly based on factors such as the size of the company, industry, and claims history. On average, startups can expect to pay between $5,000 and $10,000 annually for a policy with a $1 million limit3. However, it's important to note that premiums can be lower for companies with robust risk management practices and higher for those in high-risk industries.
To potentially lower costs, startups should consider bundling D&O insurance with other types of business insurance or working with brokers who specialize in startup coverage. These professionals can help you navigate the various options and find the best deals tailored to your company's unique needs.