Directors & Officers Insurance (D&O) Quotes

Directors & Officers Insurance (D & O)

Directors and Officers Liability Insurance provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company. Think of Directors and Officers Insurance as a management Errors and Omissions policy.

Directors & Officers Liability Insurance can usually include Employment Practices Liability and sometimes Fiduciary Liability. The former involves harassment and discrimination suits, and is where the majority of your exposure will be.

Directors and Officers Insurance is often confused with Errors & Omissions Liability. The two are not synonymous; Errors & Omissions is concerned with performance failures and negligence with respect to your products and services, not the performance and duties of management. Generally it is a good idea to carry both Directors and Officers Liability Insurance and Errors and Omissions Liability Insurance.

D&O Insurance can be purchased for both for-profit and non-profit companies such as charities and research foundations.

How Much Does Directors and Officers (D&O) Insurance Cost?

While every policy and organization are different, ballpark premium pricing for directors and officers (D&O) premium starts at $1000.00 for a $1,000,000 limit per occurrence and in the aggregate with a deductible of $1,000 per occurrence. Higher limits and deductibles are available. Please note each D&O application is separately underwritten and priced primarily based on type of organization, exposure, services offered and safeguard procedures in place, to mention only a few. Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available. Film Emporium’s brokerage team contacts all markets on your behalf to provide the lowest priced D&O insurance premium and best coverage option for your organization.