How Much Insurance Should Your Bank Buy

The tenth edition of my recommended minimum limits of insurance for banks is now available.

Go Here To Download Your Copy.

The most common questions bankers ask me is, “Do we have enough insurance?”

Another version is, “How much insurance should our bank buy?”

The question is largely unanswerable as we have no idea of the size of lawsuits you will face. I attempt a partial answer by providing at least a starting point.

Let me know if you have questions or would like additional insights into how much insurance your bank should buy.