Directors & Officers Liability
Standard coverages and limits
Side A: Protects directors and officers when the company cannot indemnify them
Side B: Reimburses the company for indemnifying directors and officers
Side C (Entity Coverage): Covers the company itself for certain claims, often securities claims for public companies
Defense costs: Covers legal fees and expenses for covered claims
Settlements and judgments: Covers covered damages resulting from wrongful acts
Common limits range from $1 million to $5 million+, depending on company size, industry, and risk
Common Endorsements / Optional Coverages
Employment Practices Liability (EPL)
Entity coverage expansion: Broadens protection for claims against the organization
Prior acts coverage
Outside directorship liability
Extended reporting period: Allows additional time to report claims after a policy ends
Cost Factors & How Pricing Works
Company size and annual revenue, Claims and litigation history
Industry and business operations
Public vs. private company status
Number of employees and directors, Coverage limits and retention/deductible
Who Needs Commercial Auto Insurance?
Private companies and corporations
Startups and high-growth businesses
Nonprofit organizations, Any organization whose directors or officers could face claims over management decisions
Companies with outside investors or venture capital
Businesses with a board of directors
D&O Liability Insurance Quotes
Compare quotes from multiple carriers