If you are someone who owns a company and you have to check your list of insurance coverage, you would tend to think about if you need things like the D&O insurance coverage or things similar to it. Your reasoning being the fact that you have paid for a lot of these coverage options and you do not think you need it anymore. However, think about it this way: what happens on the day that you need because someone is suing your company and it could have been for something the insurance would have covered. The only reason that you would need insurance like that is to cover the unexpected situations because remember even if the odds are one to a million, there is still that one chance it could happen and you never know when that will occur, so you best make that you have it all covered for when it does.