Professional Liability Insurance in Massachusetts

Providing professional liability insurance solutions to residents in Massachusetts, Maine, Connecticut, New Hampshire and Rhode Island.

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Professional Liability Insurance in Massachusetts

What is professional liability insurance? 

When professionals charge for their services, they might be held financially liable if their work proves to be faulty in some way. All sorts of errors can have costly consequences if insurance isn’t in place, but professional liability insurance may help Massachusetts professionals better shield themselves from this type of risk.

Professional liability insurance is for people who provide expert services or advice. Policies can cover a range of errors, omissions and mistakes that professionals could make in their work.

professional liability insurance Massachusetts
professional liability insurance Massachusetts

Who in Massachusetts should carry professional liability coverage?

Professional liability coverage is broadly recommended for Massachusetts professionals who apply a specialized skill or knowledge. Without it, a single mistake could result in a costly lawsuit.

Specifically, professionals in the following fields frequently get liability coverage:

  • Financial Professionals (e.g. wealth managers, accountants, auditors, financial advisors)
  • Real Estate Professionals (e.g. real estate brokers, real estate agents, property managers)
  • Medical Professionals (e.g. doctors, nurses, physical therapists, dentists, chiropractors)
  • Legal Professionals (e.g. lawyers, legal consultants, paralegals, mediators)
  • Other Consultants (e.g., engineers, IT consultants, architects
  • Contractors (e.g. general contractors, HVAC techs, masons, plumbers)


What forms of professional liability coverage are available to professionals?

While most professionals should have some form of professional liability coverage, they certainly don’t all need the exact same coverage. Coverage should be tailored to a professional’s work. There are a few different types of coverage available:

  • Medical Malpractice Insurance: Generally covers mistakes that healthcare professionals might make when providing patient care. Could cover misdiagnoses, bad treatment recommendations, surgery mistakes and other errors.
  • Legal Malpractice Insurance: Generally covers mistakes that legal professionals might make. Could cover bad legal advice, missing deadlines, document errors and other mistakes.
  • Errors and Omissions Insurance (E&O): Generally for professionals who provide advice, and don’t work in the medical or legal fields. Could be by everyone from real estate agents and financial professionals, to landscapers and contractors.
  • Directors and Officers Insurance (D&O): Generally for the leaders of businesses and nonprofit organizations. Could cover errant decisions that negatively impact an organization.

An insurance agent who specializes in professional liability policies can help professionals find the specific policy type that’s right for their line of work.

Do employers pay for professional liability coverage?

Businesses that hire professionals as employees typically pay for a professional liability policy that extends to their employees. The coverage is normally in effect whenever the employee is executing their expertise within their role at the business.

When businesses work with professionals who are classified as independent contractors, whether the business or professional purchases a professional liability policy is less certain. Professionals in these situations often must pay for their own policy, but there are situations where a business’s policy extends to independent contractors.

professional liability insurance Massachusetts

How are premiums for professional liability policies calculated? 

Premiums for professional liability policies can vary widely, as they’re based on many different factors. Some of the factors insurance companies consider include:

  • Field of work
  • Specific work responsibilities
  • Professional’s experience
  • Professional’s training and certifications
  • Any previous professional liability claims

Professionals can find out how much they’ll pay for a policy by comparing options with an independent insurance agent. An independent agent is able to compare custom quotes from several insurance companies, since they don’t work with just one insurer.

Platinum Insurance

Where can Massachusetts professionals find professional liability insurance? 

If you’re a Massachusetts professional in need of liability coverage, reach out to the independent insurance agents at Platinum Insurance. We’ll work closely with you, to make sure you find professional liability insurance that’ll keep you protected well.