Startups Protect Your Future with D&O Gamechanger
Financial Implications and Cost Considerations
The cost of D&O insurance for startups can vary widely based on several factors, including the company's size, industry, and risk profile. On average, premiums can range from $5,000 to $10,000 annually for a typical startup, though this can increase for companies in high-risk industries or those seeking higher coverage limits1. While this might seem like a significant expense for a fledgling company, the potential costs of not having coverage can be exponentially higher. Lawsuits can easily reach into the millions, making D&O insurance a wise investment for the long-term sustainability of your business.