How do I determine the amount?

[Redbull]

Hello,
I am confused as to how I determine the amount of the fidelity bond that I need. Since it is not a set amount and not required by the state, how do I know which amount is good for me?
Thanks

[Admin]

Just like other forms of insurance, it can be difficult to decide how much you need. I would start by determining how much a loss can be had in your type of business. When in doubt, I would over-insure, as the policies are relatively cheap and you do not want to still have a large loss even after obtaining the bond.