Get Unmatched Coverage Professional Liability Insurance E&O Quote
The cost of professional liability insurance varies based on several factors:
- **Industry**: High-risk industries such as healthcare and financial services typically face higher premiums due to the increased likelihood of claims.
- **Business Size**: Larger businesses with more employees or higher revenues may pay more for coverage, reflecting the greater potential for claims.
- **Claims History**: Businesses with a history of claims may face higher premiums as insurers assess them as higher risk.
- **Coverage Limits**: Higher coverage limits provide more protection but come with increased premiums.