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Professional Liability Insurance in Oregon

You can save up to 25% in discounts.*

Business mistakes and accusations of negligence can be costly without the right insurance. Professional liability insurance can help cover:

Business errors

Business errors

A client or customer accuses you of making a professional mistake that costs them money.

Claims of negligence

Claims of negligence

Someone claims your inaction or wrongdoing caused a financial loss or personal harm.

Inaccuracy

Inaccuracy

Someone accuses you of misrepresenting information with your services.

Legal defense costs

Legal defense costs

You need to hire a lawyer to defend your business after you are accused of making a professional mistake.

What is Professional Liability insurance coverage?

With professional liability insurance, Arizona business owners and their employees if they are held responsible for business mistakes or face accusations of negligence.

Professional liability insurance can help cover:

  • Professional mistakes that cause another person or business financial harm
  • Accusations of inaction, wrongdoing or professional negligence
  • Misrepresentation of your services

Businesses may be able to submit a professional liability insurance claim if they make a professional mistake or if a client just claims that they did. Here are some situations where this type of insurance could help:

  • A client sues a Tempe financial advisor for using copyrighted material in their advertisements. A professional liability insurance policy can help the advisor cover the costs to defend their business or fix the mistake.
  • A Phoenix insurance agent has to pay a lawyer to defend their case in a disciplinary hearing by a professional review board. Professional liability insurance in Phoenix could help cover legal fees and related costs.

What is the difference between Professional Liability and E&O insurance?

Another term that describes professional liability insurance is errors and omissions insurance, or E&O.

Professional liability and E&O are often used interchangeably but typically refer to the same coverage in Arizona. Errors and omissions insurance is used mainly by real estate and insurance professionals, and there is also a contractor’s E&O for construction professionals.

Most other professionals, such as accountants, engineers, architects and lawyers, call this insurance coverage professional liability.

Is Professional Liability insurance required in Arizona?

Most businesses in Arizona are not required to carry professional liability or errors and omissions insurance. Arizona business owners may need this coverage to meet individual industry standards, however.

For example, if you work on state or local government contracts, you may need to have E&O insurance. Arizona healthcare workers may also need malpractice insurance, a type of professional liability coverage, to secure a job.

Many Arizona business owners get professional liability insurance, even when it’s not required, for the following reasons:

Financial protection

Small businesses in Arizona may be better financially protected if they make a professional mistake or face accusations of negligence.

Work contracts

Your clients may ask for proof of professional liability coverage in the form of a certificate of insurance before agreeing to work with you. With this coverage, you may get larger, more high-value contracts.

Licenses and permits

Depending on your industry and where you work, you may need to have professional liability insurance to obtain or renew certain business certifications or licenses.

For example, while the state does not require notary E&O insurance, Arizona notaries are required to purchase a $5,000 surety bond, and the National Notary Association recommends adding errors and omissions insurance.1

What types of businesses might need Professional Liability in Arizona?

Professional liability insurance provides common coverage for professional services,

including consulting, accounting and engineering.

Businesses in many different industries can benefit from this Arizona business insurance.

Nearly all professionals risk making mistakes that could cause financial harm to a client or potentially face an accusation of negligence or wrongdoing. With professional liability insurance, you could get help to resolve these issues and protect your reputation.

For instance, an engineer in Scottsdale wracks up legal expenses while contesting a safety inspection violation. In that case, their professional liability insurance could help cover the legal fees needed to defend themselves and their business.

Say a Tuscon architect’s client alleges they made a mistake in their designs that led to the collapse of a stairwell and sues for causing injuries. Professional liability insurance could help cover defense costs.

How much is Professional Liability insurance in Arizona?

Costs vary for Arizona professional liability insurance based on several factors, including:

  • The industry you are in
  • Where you do business
  • The number of people you employ
  • Your work experience
  • Your history of past insurance claims
  • How high you set your policy limits

NEXT makes it simple to get affordable Arizona professional liability or E&O insurance online in around 10 minutes. Our monthly premiums cost $45 or less for 52% of our U.S. customers for this type of business insurance**

Learn more about professional liability insurance costs.

How NEXT Insurance helps Arizona businesses

NEXT provides professional liability insurance policies for Arizona small businesses and self-employed workers.

It only takes about 10 minutes to get a quote, review your coverage options, choose your policies and download a certificate of insurance.

Start an instant quote online today.

Our team of licensed insurance advisors is standing by to assist you if you have any questions along the way.

Other types of Oregon business insurance

E&O or professional liability insurance is only one type of business insurance Oregon small business owners might need. You can help protect your business from other everyday risks with additional coverage options.
Business owners in the Beaver State also consider these types of insurance:
General Liability
General Liability insurance

Oregon general liability insurance could help cover costs if your business is held responsible for destroying property or causing injury to someone other than you or an employee.



Workers Compensation
Workers’ Compensation insurance

Workers’ compensation insurance in Oregon can help pay for medical expenses and lost wages if an employee gets injured on the job. Most Oregon employers are legally required to carry workers’ compensation insurance.



Commercial Auto
Commercial Auto insurance

Commercial auto insurance can help cover medical expenses and property damage if you or an employee gets into an accident while operating a company vehicle.

In Oregon, all vehicles must have minimum auto insurance coverage of $25,000 per person, $50,000 per accident and $20,000 for property damage.2



Commercial Property
Commercial Property insurance

Commercial property insurance can help protect physical business assets, such as furniture, equipment, inventory and commercial buildings. Oregon businesses often select this coverage to help pay for repairs or replacements to business property after a fire, burst water pipe or other covered event.



Customer reviews

I am so excited
I am totally excited about my new insurance for my small business. I am happy that the price was in a range that I can afford, the terms were easy to understand and it was so simple to purchase my first policy. I look forward to doing business with you in the future.
Curzella J.
Easiest insurance purchase – EVER!
I was looking around trying to compare insurance and I am so lucky I found NEXT. I was able to compare levels of coverage, and all the options, without pressure from a salesperson or time limits. I was able to check out prices and it was more coverage for less than the “traditional” company I looked at.
Michael W.
Happy small business owner!
I needed liability insurance for my new small business brick & mortar location. I got the run around from another company, but NEXT provided a competitive insurance quote in a timely manner. I now have the insurance that I need and it was stress-free!
Nicole E.

Let’s find the coverage you need for your business

Business insurance is divided into different policies. We offer seven types so it's easy to design the coverage that fits your business.

General Liability insurance
General Liability

Protect yourself from accidents that cause physical injury or damaged property.

Professional Liability or Error and Omissions Insurance
Professional Liability/E&O

Shield yourself from lawsuits that claim your work errors caused financial losses.

Workers' Compensation Insurance
Workers’ Compensation

Cover medical bills and lost wages if your employees have an accident at work.

Commercial Auto Insurance
Commercial Auto

Stay on the road with coverage for dents, tows and damage to someone else’s vehicle.

Tools & Equipment Insurance
Tools & Equipment

Upgrade your general liability coverage to protect any gear that’s stolen, damaged or lost.

Commercial Property Insurance
Commercial Property

Keep your building, inventory and equipment protected from fire or water damage.

Business Owner’s Policy Insurance
Business Owner’s Policy

Combine general liability and commercial property into one policy to protect your business.

Take a look at some helpful blog posts
Errors and Omissions vs. Professional Liability vs. Malpractice: What's the Difference Anyway?
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Errors and Omissions vs. Professional Liability vs. Malpractice: What's the Difference Anyway?

5 Ways Insurance Protects You from Unfairly Unhappy Clients
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5 Ways Insurance Protects You from Unfairly Unhappy Clients

Who Needs Professional Liability Insurance?
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Who Needs Professional Liability Insurance?

* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.
** The cost data presented here are based on NEXT active customers in the U.S. who purchased professional liability insurance over the previous 12 months. These data should not be considered a substitute for obtaining a quote specific to your business. These data were updated in July 2022.
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Issuance of coverage is subject to underwriting. Not available in all states. Please see the policy for full terms, conditions and exclusions. Coverage examples are for illustrative purposes only. Your policy documents govern, terms and exclusions apply. Coverage is dependent on actual facts and circumstances giving rise to a claim. Next Insurance, Inc. and/or its affiliates is an insurance agency licensed to sell certain insurance products and may receive compensation from insurance companies for such sales. Policy obligations are the sole responsibility of the issuing insurance company. Refer to Legal Notices section for additional information.