NEXT offers the best professional liability insurance in Oklahoma, with competitive rates and strong customer support. The Hartford ranks second, while Simply Business takes third place.
Professional Liability Insurance in Oklahoma
NEXT earns the highest score of 4.7 out of 5 in our analysis of the best professional liability insurance in Oklahoma.
Get matched to the best professional liability insurance for your business needs in Oklahoma today.
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Updated: October 28, 2025
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Best Professional Liability Insurance in Oklahoma: Key Takeaways
NEXT is our top pick for professional liability insurance in Oklahoma, followed by The Hartford and Simply Business.
Your industry risk, client contracts, potential claim costs and budget determine the best Oklahoma professional liability insurance for you.
Assess your needs first, then compare quotes from multiple providers to find the best small business insurance for your professional liability needs in Oklahoma.
Find Insurance for Your Business
Select your industry and state to get a customized quote.
Industry
State
Best Professional Liability Insurance Companies in Oklahoma
| NEXT Insurance | 4.70 | $69 |
| The Hartford | 4.62 | $67 |
| Simply Business | 4.50 | $72 |
| Coverdash | 4.43 | $74 |
| biBERK | 4.41 | $75 |
| Progressive Commercial | 4.38 | $71 |
| Hiscox | 4.35 | $73 |
| Chubb | 4.26 | $84 |
| Thimble | 4.20 | $73 |
How Did We Determine These Rates and Rankings?
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
Professional liability coverage is just one part of protecting your Oklahoma business. Understanding how different coverage types work together creates stronger financial protection for small businesses.
Best Oklahoma Professional Liability Insurance Reviews
Most professionals need professional liability insurance, but not all providers offer the same value. We've broken down what differentiates these top providers and why they made our list for Oklahoma businesses.
NEXT
Overall Best Provider
MoneyGeek Rating
4.7/ 5
4.6/5Affordability
4.7/5Customer Experience
4.8/5Coverage Points
Average Monthly Premium
$69These rates are for small businesses with two employees across 79 major industries or business types and focus solely on professional liability policies.Our Survey: Claims Process
3.9/5Our Survey: Recommend to Others
4.8/5
The Hartford
Runner-Up for Best Provider
MoneyGeek Rating
4.6/ 5
4.6/5Affordability
4.6/5Customer Experience
4.7/5Coverage Points
Average Monthly Premium
$67These rates are for small businesses with two employees across 79 major industries or business types and focus solely on professional liability policies.Our Survey: Claims Process
4.5/5Our Survey: Recommend to Others
4.5/5
Cheapest Professional Liability Insurance Companies in Oklahoma
The Hartford provides the cheapest professional liability insurance in Oklahoma at $67 monthly ($810 annually). NEXT also offers affordable coverage for business owners at $69 per month.
| The Hartford | $67 | $810 |
| NEXT Insurance | $69 | $825 |
| Progressive Commercial | $71 | $851 |
| Simply Business | $72 | $865 |
| Hiscox | $73 | $874 |
| Thimble | $73 | $875 |
| Coverdash | $74 | $882 |
| biBERK | $75 | $906 |
| Chubb | $84 | $1,004 |
How Did We Determine These 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.
Average Cost of Professional Liability Insurance in Oklahoma
Professional liability insurance costs $73 monthly ($877 annually) in Oklahoma, which is $5 less than the national average. Home-based businesses pay around $35 per month, while mortgage brokers average $161. Your location, claims history and coverage limits also influence rates.
| Accountants | $140 | $1,676 |
| Ad Agency | $101 | $1,213 |
| Auto Repair | $77 | $927 |
| Automotive | $69 | $829 |
| Bakery | $50 | $595 |
| Barber | $40 | $485 |
| Beauty Salon | $46 | $546 |
| Bounce House | $56 | $667 |
| Candle | $40 | $476 |
| Cannabis | $114 | $1,373 |
| Catering | $73 | $877 |
| Cleaning | $51 | $617 |
| Coffee Shop | $57 | $687 |
| Computer Programming | $101 | $1,207 |
| Computer Repair | $58 | $693 |
| Construction | $72 | $866 |
| Consulting | $101 | $1,215 |
| Contractor | $61 | $726 |
| Courier | $48 | $573 |
| DJ | $43 | $521 |
| Daycare | $101 | $1,217 |
| Dental | $81 | $972 |
| Dog Grooming | $52 | $621 |
| Drone | $100 | $1,204 |
| Ecommerce | $57 | $681 |
| Electrical | $62 | $738 |
| Engineering | $96 | $1,153 |
| Excavation | $63 | $757 |
| Florist | $36 | $429 |
| Food | $100 | $1,199 |
| Food Truck | $55 | $665 |
| Funeral Home | $75 | $897 |
| Gardening | $38 | $454 |
| HVAC | $76 | $910 |
| Handyman | $51 | $611 |
| Home-based business | $35 | $416 |
| Hospitality | $69 | $828 |
| Janitorial | $47 | $563 |
| Jewelry | $56 | $668 |
| Junk Removal | $64 | $768 |
| Lawn/Landscaping | $47 | $569 |
| Lawyers | $138 | $1,658 |
| Manufacturing | $55 | $665 |
| Marine | $83 | $995 |
| Massage | $100 | $1,203 |
| Mortgage Broker | $161 | $1,932 |
| Moving | $76 | $913 |
| Nonprofit | $48 | $572 |
| Painting | $59 | $713 |
| Party Rental | $52 | $620 |
| Personal Training | $66 | $787 |
| Pest Control | $89 | $1,064 |
| Pet | $43 | $517 |
| Pharmacy | $54 | $654 |
| Photography | $60 | $720 |
| Physical Therapy | $88 | $1,057 |
| Plumbing | $83 | $1,001 |
| Pressure Washing | $54 | $648 |
| Real Estate | $119 | $1,430 |
| Restaurant | $76 | $911 |
| Retail | $51 | $618 |
| Roofing | $92 | $1,105 |
| Security | $93 | $1,113 |
| Snack Bars | $44 | $533 |
| Software | $88 | $1,058 |
| Spa/Wellness | $103 | $1,236 |
| Speech Therapist | $93 | $1,120 |
| Startup | $67 | $809 |
| Tech/IT | $91 | $1,091 |
| Transportation | $91 | $1,087 |
| Travel | $93 | $1,114 |
| Tree Service | $72 | $859 |
| Trucking | $107 | $1,285 |
| Tutoring | $58 | $699 |
| Veterinary | $106 | $1,273 |
| Wedding Planning | $72 | $869 |
| Welding | $71 | $858 |
| Wholesale | $59 | $708 |
| Window Cleaning | $58 | $698 |
How Did We Determine These 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.
How Much Professional Liability Insurance Do I Need in Oklahoma?
Professional liability insurance requirements in Oklahoma depend on your specific profession. Health care providers, attorneys and certain contractors face stricter mandates than other fields. Even when coverage isn't legally required, the right amount depends on your risk level and what clients demand. Many higher-risk professions carry at least $1 million per occurrence and $3 million aggregate coverage.
Your coverage decision depends on three factors:
Your Industry Risk
Some industries in Oklahoma carry greater liability exposure than others, directly affecting your coverage needs. High-risk fields like engineering consultants serving Oklahoma's energy sector or technology firms in Oklahoma City and Tulsa face more potential claims, leading to higher limits. Professional liability insurance for accountants or real estate agents in smaller communities like Norman or Edmond generally need less coverage.
Client Requirements
Many clients and contracts in Oklahoma require proof of professional liability insurance at specific minimum limits before they'll work with you. Large corporations, government contracts, and major organizations often demand $1-2 million in coverage, particularly for consultants working with Oklahoma's energy companies or state agencies. Meeting these contractual requirements is essential for winning and maintaining business relationships.
Potential Claim Costs
Your coverage should reflect the possible financial impact of a professional liability lawsuit in Oklahoma's legal environment. Small mistakes might result in minor damages of a few thousand dollars, while errors on larger projects — such as engineering miscalculations for Oklahoma infrastructure or software failures affecting major clients — could lead to six-figure damages plus substantial legal fees. Consider the maximum financial exposure your business could face from a single mistake.
How to Get the Best Professional Liability Insurance in Oklahoma
Our guide on how to get business insurance helps you find coverage that matches your Oklahoma professional liability needs and budget.
- 1Evaluate Your Business Risks
Different Oklahoma businesses face varying liability exposures. A regional accounting firm typically needs higher coverage limits than a solo marketing consultant. Review client contracts and industry standards to determine appropriate protection levels.
- 2Partner with Local Agents
Look for an agent who knows Oklahoma's business landscape and understands how business insurance costs vary by location and industry. They can recommend coverage that fits your industry and connects you with insurers experienced in Oklahoma markets.
- 3Collect Multiple Quotes
Request quotes from at least three insurers, comparing affordable business insurance rates and policy terms like exclusions and deductibles. A $1 million policy varies significantly between providers.
- 4Research Insurer Reliability
When researching business insurance in Oklahoma, look beyond price. Strong financial ratings and claims handling reputation matter more than low premiums. Check AM Best ratings, read professional reviews and verify the insurer has experience covering businesses in your field.
- 5Explore Bundling Opportunities
Many insurers offer discounts when you buy several types of business insurance coverage from one provider. Combine professional liability with general liability or business owner's policies. These bundles often reduce overall costs while simplifying policy management for busy entrepreneurs.
- 6Maintain Continuous Coverage
Professional liability insurance only covers claims filed while your policy remains active. When switching carriers, secure prior acts coverage or purchase tail coverage to avoid dangerous protection gaps.
How to Prevent Professional Liability Claims in Oklahoma
Professional liability claims in Oklahoma typically result from poor communication and vague client expectations rather than genuine mistakes. Small disputes can cost thousands in legal fees. These proven strategies help prevent conflicts and shield your business from expensive claims.
Document Everything
Keep written proof of all client interactions, including email confirmations, scope changes and project approvals. This documentation creates a clear record of what was agreed upon and helps prevent disputes over project details. Having a paper trail protects your business when disagreements arise about work performed or client expectations.
Use Detailed Contracts With Clear Scope
Create contracts that clearly define your responsibilities, project timelines and specific deliverables. Include detailed descriptions of what work is included and what falls outside the project scope to avoid conflicts over additional services. Well-defined contracts prevent misunderstandings that often lead to professional liability claims.
Communicate Project Changes Immediately
Confirm all client-requested changes in writing before proceeding with additional work. Document how these changes affect project timelines, budgets and final deliverables to maintain transparency. This practice prevents disputes over unauthorized work and ensures both parties understand the impact of modifications.
Set Realistic Expectations Upfront
Be transparent with clients about project timelines, potential challenges and expected results from the beginning. Honest communication about your capabilities and limitations helps avoid overpromising and reduces the likelihood of disputes. Setting achievable goals protects your reputation and prevents unrealistic client expectations.
Keep Detailed Project Records
Maintain thorough records of all work performed, decisions made and the reasoning behind your professional choices. This documentation demonstrates your diligence and provides strong protection if your work methods or results are questioned later. Detailed records serve as evidence of your professional standards and decision-making process.
Oklahoma Professional Liability: Bottom Line
Selecting professional liability insurance in Oklahoma requires understanding your specific business risks and client requirements. NEXT earns our top rating, but your industry demands, contract terms and budget should drive your final choice. Start by evaluating your coverage needs, then work with a local agent to compare affordable options that deliver solid financial protection for your business.
Oklahoma Professional Liability Insurance: FAQ
Here are frequently asked questions about professional liability insurance in Oklahoma.
What does professional liability insurance cost in Oklahoma?
Professional liability insurance in Oklahoma ranges from $67 to $84 monthly, depending on your provider. Your premium varies based on your industry's risk level, claims history, coverage limits and business location within the state.
Which professional liability insurance company is best in Oklahoma?
NEXT ranks as the top professional liability insurance provider in Oklahoma, scoring 4.70 out of 5 for its affordable rates and excellent customer service. The Hartford follows closely at 4.62, while Simply Business rounds out the top three with a solid 4.50 rating for Sooner State businesses.
How much professional liability coverage do I need in Oklahoma?
Professional liability coverage needs in Oklahoma vary based on your industry risk level, client contract demands and potential lawsuit expenses. High-risk professionals like architects and consultants need higher coverage limits, while lower-risk businesses can often get by with smaller amounts.
Are professional liability and E&O insurance the same thing?
Yes, they're the same coverage. Professional liability and errors and omissions (E&O) insurance both protect you from claims about mistakes in your professional services. Some industries prefer one term over the other, but the coverage works identically regardless of what you call it.
How We Scored the Best Professional Liability Insurance Companies in Oklahoma
A professional liability lawsuit can destroy a small business in Oklahoma. These claims often force companies to close permanently due to legal costs and settlements. We studied insurers throughout the state to identify which ones provide the most reliable financial protection for businesses at every stage.
Our Scoring System
- Affordability (50%): Price drives most small business insurance choices. We made cost our top priority because companies need strong coverage that fits their budget constraints.
- Customer experience (30%): Professional liability claims create major stress for business owners. We analyzed service quality through J.D. Power ratings and complaint records from the Oklahoma Department of Insurance.
- Coverage options (15%): We reviewed policy terms and exclusions to ensure they work for the state's diverse professional services companies.
- Financial strength (5%): AM Best financial ratings confirmed each recommended insurer maintains the resources to pay claims when businesses need protection most.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like 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.
sources
- Alliance Health. "Provider Insurance Requirements." Accessed November 12, 2025.
- Better Business Bureau. "The Hartford Insurance Company | BBB Business Profile." Accessed November 12, 2025.