How do I choose the right coverage limits?

Assess potential risks, consider the size of your contracts, and evaluate the potential financial impact of a claim when selecting limits.

To choose the right coverage limits, assess the value of your contracts, potential risks, and legal requirements in your industry. Consult an insurance broker for guidance.

An engineer chooses a $1 million policy limit to match the value of their largest project contract and potential liability risks.

If you have employees, ensure your policy covers mistakes they make while performing their professional duties.