How professional liability is rated
Underwriters look at the services you provide, your revenue, your years in business and credentials, and your claims history. It is usually quoted because a client or contract requires it, and the limits that contract asks for go into the quote.
What you'll need for a quote
Have this information ready for an accurate professional liability quote.
Professional Practice Details
- •Type of professional services
- •Professional licenses and certifications
- •Years in practice
- •Annual revenue from services
- •Number of professionals/employees
Client & Project Information
- •Types of clients served
- •Average project size
- •Contracts and service agreements
- •Geographic service area
- •Subcontractor usage
Policy Details
- •Limits your contracts require
- •Retroactive date on your current policy
- •Insurance page of each contract
Claims History
- •Prior E&O claims (10 years)
- •Current professional liability policy
- •Loss runs from current carrier
- •Any pending claims or potential claims
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Availability, limits, and eligibility vary by carrier and state. Examples are educational and not a guarantee of coverage. Review your issued policy for terms, conditions, and exclusions.
Frequently asked questions
Common questions about professional liability insurance
Still have questions?
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