ERGO NEXT leads Maine's professional liability insurance market with competitive pricing, top customer service ratings and streamlined digital tools. ERGO NEXT is also the cheapest professional indemnity provider in Maine at $62 monthly, $6 below the state average. The Hartford, Simply Business and Coverdash follow as leading options for errors and omissions insurance in Maine.
Best Professional Liability Insurance in Maine
Get ME professional liability insurance quotes starting at $24 monthly from MoneyGeek's top companies like ERGO NEXT, The Hartford and Simply Business.
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Updated: February 1, 2026
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Professional Liability Insurance in Maine: Key Takeaways
ERGO NEXT offers both the best professional liability insurance and most affordable coverage in Maine at $62 monthly (Read More).
Professional liability insurance costs in Maine average $68 monthly or $810 annually, placing the state among the more affordable options nationwide (Read More).
Professional liability insurance protects Maine businesses from financial losses due to professional mistakes, errors or failure to deliver promised services (Read More).
Maine businesses choose professional liability insurance voluntarily, though certain regulated professions, like health care providers, are subject to mandatory requirements (Read More).
Maine business owners benefit from requesting small business insurance quotes from multiple providers to secure optimal coverage at competitive rates (Read More).
Best Professional Liability Insurance Companies in Maine
| ERGO NEXT | 4.74 | $62 |
| The Hartford | 4.61 | $63 |
| Simply Business | 4.52 | $66 |
| Coverdash | 4.44 | $67 |
| biBERK | 4.43 | $69 |
| Nationwide | 4.43 | $72 |
| Progressive Commercial | 4.37 | $66 |
| Hiscox | 4.36 | $67 |
| Chubb | 4.26 | $77 |
| Thimble | 4.25 | $66 |
How Did We Determine the Best Professional Liability Insurance in Maine?
These rates are estimates based on MoneyGeek's proprietary analysis of small businesses with two employees across 79 major industries and should not be considered quotes. Your actual rate will differ based on business-specific factors. Contact insurers directly for accurate pricing tailored to your business needs.
LEARN MORE ABOUT BUSINESS INSURANCE IN MAINE
Professional liability insurance in Maine is just one piece of comprehensive business protection. Consider these additional state-specific guides for complete coverage:
1. ERGO NEXT: Best Professional Liability Insurance in ME
pros
Ranks first overall for professional liability insurance in Maine
Lowest rates in Maine at $62 monthly
Tops customer service and digital experience ratings nationally
Personalized coverage matching for both types and limit amounts
Instant coverage and certificates in under 10 minutes
cons
Stability score ranks sixth among Maine providers
Claims process rated fourth, behind top competitors
COMPANY HIGHLIGHTS
ERGO NEXT earns the best overall professional liability insurance ranking in Maine with the state's lowest rates and highest-rated customer experience. Maine business owners pay $62 monthly, $6 below the state average and $60 less annually. Portland consultants and Bangor IT professionals get personalized coverage matching that delivers instant certificates without agent calls. ERGO NEXT ranks first nationally for policy management and customer willingness to recommend, with customers rating giving their digital experience 4.8 out of 5.
2. Simply Business: Best Professional Liability Insurance Coverage Option in ME
pros
Ranks first for coverage options with 16+ carrier partners
Digital experience ranks third nationally among providers
Backed by Travelers' A++ Superior financial rating
Broker model finds coverage for hard-to-insure businesses
cons
Claims process ranks eighth nationally among competitors
Overall satisfaction ranks seventh in customer surveys
COMPANY HIGHLIGHTS
Simply Business ranks first in Maine for professional liability coverage options through its broker platform connecting business owners to 16+ specialized carriers. Portland graphic designers and Lewiston accounting firms compare multiple quotes in under 10 minutes without calling individual insurers. The broker model works well for Maine businesses with unique risks, like marine industry advisors, seasonal tourism operators, cannabis consultants, or those rejected by direct carriers. You'll pay $66 monthly but access specialized policies and Travelers' A++ backing that direct insurers can't match.
Average Cost of Professional Liability Insurance in Maine
Professional liability insurance costs in Maine vary by industry. Home-based businesses pay the most affordable rates at around $32 per month, while mortgage brokers face the highest costs at approximately $144 per month. You can find specific rates for your industry using the filtering tool below to see exactly what your business might pay.
Data filtered by:
Select
| Accountants | $126 | $1,512 |
| Ad Agency | $85 | $1,014 |
| Auto Repair | $71 | $853 |
| Automotive | $66 | $791 |
| Bakery | $46 | $556 |
| Barber | $37 | $449 |
| Beauty Salon | $42 | $508 |
| Bounce House | $53 | $631 |
| Candle | $36 | $436 |
| Cannabis | $105 | $1,254 |
| Catering | $68 | $821 |
| Cleaning | $48 | $580 |
| Coffee Shop | $52 | $628 |
| Computer Programming | $90 | $1,075 |
| Computer Repair | $54 | $648 |
| Construction | $68 | $812 |
| Consulting | $94 | $1,128 |
| Contractor | $55 | $663 |
| Courier | $44 | $527 |
| DJ | $39 | $471 |
| Daycare | $94 | $1,131 |
| Dental | $73 | $881 |
| Dog Grooming | $49 | $591 |
| Drone | $92 | $1,107 |
| Ecommerce | $54 | $646 |
| Electrical | $56 | $675 |
| Engineering | $92 | $1,098 |
| Excavation | $59 | $711 |
| Florist | $33 | $392 |
| Food | $96 | $1,156 |
| Food Truck | $51 | $617 |
| Funeral Home | $69 | $832 |
| Gardening | $35 | $422 |
| HVAC | $71 | $851 |
| Handyman | $48 | $574 |
| Home-based business | $32 | $383 |
| Hospitality | $63 | $758 |
| Janitorial | $43 | $516 |
| Jewelry | $52 | $629 |
| Junk Removal | $59 | $703 |
| Lawn/Landscaping | $45 | $543 |
| Lawyers | $129 | $1,552 |
| Manufacturing | $52 | $624 |
| Marine | $76 | $908 |
| Massage | $92 | $1,106 |
| Mortgage Broker | $144 | $1,728 |
| Moving | $71 | $852 |
| Nonprofit | $44 | $525 |
| Painting | $56 | $669 |
| Party Rental | $47 | $567 |
| Personal Training | $60 | $726 |
| Pest Control | $82 | $979 |
| Pet | $40 | $479 |
| Pharmacy | $51 | $608 |
| Photography | $56 | $668 |
| Physical Therapy | $82 | $990 |
| Plumbing | $77 | $930 |
| Pressure Washing | $51 | $610 |
| Real Estate | $108 | $1,293 |
| Restaurant | $72 | $859 |
| Retail | $48 | $575 |
| Roofing | $84 | $1,010 |
| Security | $87 | $1,044 |
| Snack Bars | $41 | $496 |
| Software | $82 | $982 |
| Spa/Wellness | $95 | $1,143 |
| Speech Therapist | $86 | $1,037 |
| Startup | $63 | $750 |
| Tech/IT | $87 | $1,040 |
| Transportation | $82 | $986 |
| Travel | $85 | $1,016 |
| Tree Service | $66 | $797 |
| Trucking | $97 | $1,162 |
| Tutoring | $53 | $637 |
| Veterinary | $99 | $1,185 |
| Wedding Planning | $67 | $803 |
| Welding | $66 | $790 |
| Wholesale | $54 | $653 |
| Window Cleaning | $54 | $648 |
How Did We Determine These Maine Professional Liability Insurance Rates?
These rates are estimates based on MoneyGeek's proprietary analysis of small businesses with two employees across 79 major industries and should not be considered quotes. Your actual rate will differ based on business-specific factors. Contact insurers directly for accurate pricing tailored to your business needs.
What Does Maine Professional Liability Insurance Cover?
Maine professional liability insurance protects your business when clients claim you made mistakes or failed to deliver promised services. This coverage handles liability damages from these situations and pays for legal costs when disputes arise.
You might see this same coverage called by different names:
- Errors and omissions insurance (E&O)
- Malpractice insurance (specialized type, typically in legal and medical fields)
- Professional indemnity insurance
How Much Professional Liability Insurance Do I Need in Maine?
Maine doesn't require most businesses to carry professional liability insurance. Client contracts require coverage with standard limits of $1 million per occurrence and $2 million aggregate, which satisfy most agreements. Health care providers are the exception, as Maine medical professionals need malpractice insurance with $1 million per occurrence and $3 million aggregate limits to preserve state licensure and hospital privileges.
Who Needs Professional Liability Insurance in Maine?
If your work involves client contracts or professional negligence risks, you need professional liability insurance. Maine businesses in the following industries should evaluate errors and omissions coverage.
Tech professionals
Maine's growing technology sector, particularly Portland's startup community and statewide remote workforce, creates substantial data security and service delivery risks. Tech E&O insurance protects against claims from software failures, missed deadlines or data breaches that could bankrupt small IT consultancies.
Medical professionals
Maine requires licensed health care providers to maintain malpractice insurance to practice in hospitals and preserve state licensure. Rural practitioners serve remote communities across Aroostook County and Down East Maine, where telehealth complications and limited specialist access increase liability exposure.
Financial and consulting professionals
Investment advisors, financial planners and business consultants in Maine's southern corridor must protect client assets and business outcomes. One missed fiduciary duty claim or failed strategic recommendation can exceed your business's entire annual revenue without proper coverage.
Legal professionals
Maine attorneys need malpractice coverage to handle client funds through IOLTA accounts and meet law firm insurance requirements. Missing filing deadlines or providing inadequate representation in Maine's courts exposes solo practitioners to severe financial judgments.
Construction and contractor professionals
Maine contractors working on coastal properties or energy-efficiency upgrades must meet strict building codes and weatherization standards. Client contracts for commercial projects in Bangor or Portland typically require $1 million coverage, and design errors or code violations can trigger expensive lawsuits.
How to Get the Best Professional Liability Insurance in Maine
Our step-by-step guide helps Maine businesses navigate getting business insurance that matches your professional liability needs and budget. Follow these six steps to secure coverage that protects your business.
- 1Assess your professional liability insurance coverage needs
Evaluate your business risks, client contract requirements and seasonal revenue patterns common in Maine's economy. A Portland architect designing coastal commercial properties has different exposure than a Brunswick consultant serving clients remotely across rural mid-coast communities with limited year-round operations.
- 2Work with a local agent
Seek an agent familiar with Maine's unique business challenges—from Portland's competitive professional services market to rural areas where finding specialized coverage expertise requires remote consultations. Local agents understand how business insurance costs fluctuate between year-round Bangor operations and seasonal businesses serving tourists along the coast.
- 3Get quotes and compare coverage details
Request quotes from at least three insurers before peak season, when Maine's tourism-dependent businesses secure coverage for their busiest months. A Lewiston accounting firm shouldn't focus solely on affordable business insurance rates. Examine whether $1 million policies cover winter business interruptions and seasonal workforce liability differently.
- 4Research the best providers
Look beyond price to find insurers with strong Maine claims experience and understanding of the state's distinct risks: harsh winters, coastal exposure and rural service delivery challenges. Check AM Best ratings and verify the insurer has handled claims for businesses like yours, whether you're a lobster industry consultant navigating marine regulations or a tech startup in Portland's growing innovation district.
- 5Consider bundling discounts
Maine's seasonal businesses benefit most from bundling professional liability with property coverage that accounts for winter closures and coastal storm exposure. A Cumberland County wedding planning firm operating May through October saves 20% by bundling professional liability with seasonal types of business insurance that activate during operating months.
- 6Don't let your coverage lapse
Maine's seasonal business cycles create dangerous coverage gaps when policies lapse during winter shutdowns or ownership transitions. An Augusta consultant closing for three winter months should maintain continuous coverage or purchase tail coverage (extended reporting coverage) to protect against claims from summer client work that surface during the off-season.
Get Maine Professional Liability Insurance Quotes
Get professional liability insurance quotes from Maine's top providers through MoneyGeek's industry-specific matching tool. Enter your business details below to receive customized rates and coverage options from specialized insurers.
Get Matched to the Best ME Professional Liability Insurer for You
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Maine Professional Liability: Bottom Line
Finding the right professional liability insurance in Maine starts with understanding your business risks and working with qualified providers. ERGO NEXT leads our rankings, but your industry, client contracts and budget should guide your final decision. Assess your needs first, then work with a Maine agent to compare options and secure coverage that financially protects your business.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.