Professional Liability Insurance
Massachusetts

  • Compare quotes in minutes, with no obligation to buy
  • Buy online and receive coverage confirmation – instantly
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

What is Professional Liability Insurance?

There are over 700,000 small businesses in Massachusetts, according to 2020 data from the U.S. Small Business Administration. These small businesses make up 99.5% of all businesses in the state and employ 1.5 million people.

Many of these businesses offer their clients and customers specialized services or professional advice. However, this opens their business up to a unique set of risks. Something as simple as an innocent mistake could result in a lawsuit if an unhappy client seeks financial compensation.

Professional Liability insurance in Massachusetts is designed to help in these types of cases.

A Professional Liability insurance policy (otherwise known as Errors & Omissions Insurance) is an essential policy that protects you and your company in case of a lawsuit due to alleged professional wrongdoing.

Mistakes can happen to anyone, even the most experienced professionals. Unfortunately, even a minor error or innocent omission can cause huge problems for your clients and your business.

Take for example you offered a professional service that did not suit your customer. They suffered personal and financial damages after using your offering. As a result, the customer initiates a lawsuit against your company. In such a situation, a Professional Liability Insurance policy can help you meet expenses incurred while defending your company.

What does Professional Liability Insurance cover?

Professional Liability in Massachusetts covers the costs of defending your business in the event of a lawsuit brought by a customer.

For example, you offer a professional service to a client. This service does not suit the client’s needs, and they suffer a financial loss as a result. The client can sue you to reclaim their loss. In this case, Professional Liability insurance can help cover the costs of the lawsuit and any settlement or judgement that results from it.

The following is generally covered by a Professional Liability policy:

  • Attorney Fees
  • Administrative court or legal fees
  • Settlements or judgements
  • Defense coverage (whether the lawsuit proceeds or is thrown out of court)

Get instant quotes

Who needs Professional Liability Insurance?

When deciding if you need Professional Liability insurance, it may help to ask yourself a few questions:

  • Do you offer a specialized professional service?
  • Do you offer educated advice that your clients rely on to make decisions?
  • Do you represent your clients’ needs on their behalf?
  • Do you have staff members that do any of the above on behalf of your company?

If you answered “yes” to any of these questions, then you may need Professional Liability insurance. Professional Liability policies are designed to protect businesses that offer specialized services, give professional advice or recommendations, and design solutions for their clients.

There are many professions that need Professional Liability Insurance, including:

Architects Notary Publics
Consultants Personal Trainers
Engineers Pilates Instructors
Home Care Providers and Businesses Yoga Instructors

How much does Professional Liability Insurance cost in Massachusetts?

A Professional Liability policy is a specialized insurance product, tailored to meet the needs of each business or individual. This means that the cost of a policy varies widely.

Many factors are used to determine the cost of a Professional Liability insurance policy. The following factors could affect your Professional Liability Insurance premium:

Your occupation – Some professions carry more risk than others from an insurance standpoint, which generally mean higher premiums.

Your size of your business – The more employees you have, the higher the risk that someone will make a mistake.

The scope of your business – More sales and larger projects can also increase the risk that mistakes will be made.

The amount of insurance you need – More insurance cover typically means you’ll pay higher premiums.

Get instant quotes

As with any insurance, coverage will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this guide is general only and should not be relied upon as advice. The number of quotes provided varies between products, occupations and other underwriting factors determined by the insurers.
© Copyright 2023 BizInsure LLC, 2015 ALL RIGHTS RESERVED BizInsure LLC; CA DBA: Simple, Smart, BizInsure Insurance Agency LLC; NY DBA: BizInsure Services LLC; NH DBA: Simple, Smart, BizInsure Insurance Agency; PA DBA: BizInsure Services LLC. 2950 Buskirk Ave Suite 300, Walnut Creek CA 94597. License #0H81929
Easy to navigate what you need. Always notify ahead of renewal!
Andrew is an asset to your company!
Liability Insurance is not enough for a smallbusiness. BizInsure also has Professional Liability Insurance to protect my business and team from unintended missteps. Thank you for making the process easy.
I renewed my policies , including a few updates, through the on-line portal. It was quick, easy and completed in a few moments. I will not have to revisit thias until 12 months from now. I printed out my documents and have no questions pertaining to my renewal. It was seamless. Thank you Biz Insure
Fast, Simple, convenient
This company is very efficient, easy to manuever their online renewal, I love it and would recommend to anyone.
Awesome service!
Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant. They simply make my insurance be easy!
VERY PROFESSIONAL STAFF. CALLS ARE RETURNED PROMPTLY!!
Huge thank you to Andrea, she was patient, kind, & caring! Got my quote fast & at best price!
Excellent and Easy service - Thank you.
Amy was a delight to work with she help me with finding he right policy for my business I can't thank her enough for her help
I purchased liability insurance for my home care agency, Unlimited Gentle Care, and the process was seamless and straightforward, ensuring that every aspect of our liability was covered. This company also offers a great value for the extensive coverage my company receives
BizInsure was an easy way to purchase insurance for my business.Kaleb especially was a great help.Thanks,Rich Valentini
awsom service, perfect price and great policy
I have purchased General Liability Insurance for the past 4 years at BizInsure for my wedding videography small business. In these 4 years, it has always been a smooth process.There must've been some sort of technical issue (potentially due to my change in address), so my policy didn't auto-renew. I called Bizinsure and talked to Paulina, who was beyond helpful. She was very polite and explained things very well. One small detail that I can appreciate is that she often said my name, which shows that their customer service is intentional about personalized communication.In just a few minutes, we updated my account + renewed my insurance for a 5th year. I highly recommend Bizinsure!
great customer services.
This company allowed us an amazing experience, including very efficient, detail-oriented, and patient guidance from their commercial sales agent, Jenifer. I highly recommend this service for anyone in need of a business insurance policy.
Jennifer was very helpful and great to work with.
Very professional, fast and reliable. I appreciate their knowledge and experience. They have made this journey easier for me.
Very easy to renew! Thank you
super quick and easy process!
I am very satisfied with Bizinsure. No regrets
Very professional, easy, and thorough application process.
BizInsure is efficient and price friendly. I definitely reccommend them to anyone. Thank you.
Great process and very efficient.
Friendly and very fast service!
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
They make it very easy to buy insurance and renew.
As a business owner I love not wasting time. Thank you so much for giving me more time
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Always easy. Thank you.
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Very easy and affordable!
js_loader
Google Rating
4.7
Based on 299 reviews
×
js_loader