ERGO NEXT tops our rankings for Oregon professional liability insurance with competitive rates, excellent customer service and a digital platform that lets you get covered in minutes. The Hartford offers the state's cheapest professional indemnity insurance, averaging $66 monthly, $6 below Oregon's average cost. Simply Business and Coverdash also rank among the best errors and omissions insurers in Oregon.
Best Professional Liability Insurance in Oregon
Get OR professional liability insurance quotes starting at $23 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 Oregon: Key Takeaways
ERGO NEXT provides the best professional liability insurance in Oregon, while The Hartford delivers the most affordable coverage starting at $66 monthly (Read More).
Professional liability insurance costs in Oregon average $72 monthly ($865 annually), placing the state among moderately priced markets nationwide (Read More).
Professional liability insurance protects Oregon businesses from financial losses due to professional mistakes, missed deadlines and alleged negligence claims (Read More).
Oregon doesn't mandate professional liability coverage for most businesses, though health care providers, attorneys and other licensed professionals face regulatory requirements (Read More).
Oregon business owners should request multiple small business insurance quotes to compare coverage limits, deductibles and premiums before selecting a provider (Read More).
Best Professional Liability Insurance Companies in Oregon
| ERGO NEXT | 4.75 | $67 |
| The Hartford | 4.66 | $66 |
| Simply Business | 4.52 | $71 |
| Coverdash | 4.46 | $72 |
| Nationwide | 4.46 | $76 |
| biBERK | 4.44 | $74 |
| Progressive Commercial | 4.41 | $70 |
| Hiscox | 4.36 | $72 |
| Chubb | 4.27 | $82 |
| Thimble | 4.25 | $70 |
How Did We Determine the Best Professional Liability Insurance in Oregon?
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 OREGON
Professional liability insurance in Oregon covers just one aspect of business protection. Explore these additional state-specific resources to build comprehensive coverage for your company:
1. ERGO NEXT: Best Professional Liability Insurance in OR
pros
Second most affordable professional liability rates in Oregon
Top-rated customer service with 4.7/5 overall customer score
Coverage in 10 minutes with instant certificates for client projects
Personalized coverage matching for both types and limit amounts
Backed by Munich Re's A+ Superior AM Best financial rating
cons
Claims processing ranks fourth, meaning longer resolution wait times
Nine years in business versus competitors with decades of experience
Revenue cap of $5 million excludes larger Oregon businesses
COMPANY HIGHLIGHTS
Oregon business owners choose ERGO NEXT for professional liability insurance because it combines competitive rates (averaging $67 monthly) with industry-leading customer service and digital tools. Portland consultants and Eugene tech professionals skip agent wait times and get covered in minutes, while contractors across the state send proof of insurance to clients instantly without project delays. Salem entrepreneurs manage policies from job sites through ERGO NEXT's mobile platform, and Munich Re's backing means Oregon businesses get financial security with digital convenience.
2. The Hartford: Cheapest Professional Liability Insurance in OR
pros
Oregon's cheapest professional liability insurance averaging $66 monthly
Best claims process with the highest customer satisfaction rating
Over 200 years of experience with A+ AM Best rating
Specialized tech E&O coverage for Oregon's growing tech sector
cons
Digital experience ranks 10th nationally
Traditional agent model slows online quote processing
COMPANY HIGHLIGHTS
The Hartford offers Oregon's cheapest professional liability insurance at $66 monthly. You'll save $69 annually compared to Oregon's average rate. Portland tech startups and Bend consultants get claims paid faster than competitors because The Hartford ranks first nationally for claims processing speed. Eugene financial advisors don't wait months for complex claim decisions. The insurer's experience means it understands your profession and pays legitimate claims quickly. You'll pay the least while getting your money back fastest when problems occur.
3. Simply Business: Best Professional Liability Insurance Coverage Options in OR
pros
Ranks first nationally with access to 16+ carriers
Third-best digital experience lets you compare quotes in 10 minutes
Broker model finds coverage for hard-to-insure Oregon businesses
Backed by Travelers with an A++ AM Best Superior financial rating
cons
Claims process ranks eighth
Policy management handled by third-party carriers, not Simply Business
Overall satisfaction ranks seventh among national professional liability insurers
COMPANY HIGHLIGHTS
Simply Business's broker platform solves an Oregon problem: finding professional liability coverage when direct insurers reject you or don't serve your industry. Portland tech consultants and Eugene contractors compare 16+ carrier quotes in 10 minutes instead of calling each insurer separately. Bend freelancers with specialized risks and Salem business owners with complex needs access policies unavailable from single-carrier insurers. You'll pay $71 monthly for Oregon's widest selection of coverage options.
Average Cost of Professional Liability Insurance in Oregon
Professional liability insurance costs in Oregon depend heavily on your industry. Home-based businesses pay the least at around $34 per month, while mortgage brokers face the highest rates at approximately $156 per month. The filtering tool below shows costs for your business type in Oregon.
Data filtered by:
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| Accountants | $135 | $1,619 |
| Ad Agency | $92 | $1,102 |
| Auto Repair | $76 | $906 |
| Automotive | $69 | $833 |
| Bakery | $49 | $586 |
| Barber | $40 | $482 |
| Beauty Salon | $46 | $549 |
| Bounce House | $54 | $654 |
| Candle | $40 | $474 |
| Cannabis | $114 | $1,364 |
| Catering | $74 | $885 |
| Cleaning | $51 | $615 |
| Coffee Shop | $57 | $682 |
| Computer Programming | $98 | $1,173 |
| Computer Repair | $58 | $699 |
| Construction | $72 | $864 |
| Consulting | $97 | $1,163 |
| Contractor | $59 | $706 |
| Courier | $46 | $556 |
| DJ | $43 | $513 |
| Daycare | $100 | $1,203 |
| Dental | $78 | $938 |
| Dog Grooming | $51 | $608 |
| Drone | $99 | $1,192 |
| Ecommerce | $58 | $694 |
| Electrical | $58 | $693 |
| Engineering | $97 | $1,165 |
| Excavation | $62 | $743 |
| Florist | $35 | $418 |
| Food | $102 | $1,220 |
| Food Truck | $55 | $655 |
| Funeral Home | $76 | $913 |
| Gardening | $37 | $444 |
| HVAC | $76 | $911 |
| Handyman | $50 | $601 |
| Home-based business | $34 | $413 |
| Hospitality | $69 | $831 |
| Janitorial | $46 | $550 |
| Jewelry | $56 | $674 |
| Junk Removal | $62 | $746 |
| Lawn/Landscaping | $47 | $568 |
| Lawyers | $135 | $1,621 |
| Manufacturing | $54 | $654 |
| Marine | $81 | $977 |
| Massage | $99 | $1,186 |
| Mortgage Broker | $156 | $1,877 |
| Moving | $76 | $909 |
| Nonprofit | $47 | $565 |
| Painting | $60 | $718 |
| Party Rental | $51 | $607 |
| Personal Training | $65 | $779 |
| Pest Control | $90 | $1,079 |
| Pet | $43 | $517 |
| Pharmacy | $53 | $637 |
| Photography | $59 | $713 |
| Physical Therapy | $87 | $1,045 |
| Plumbing | $83 | $1,001 |
| Pressure Washing | $53 | $642 |
| Real Estate | $117 | $1,403 |
| Restaurant | $76 | $912 |
| Retail | $51 | $615 |
| Roofing | $92 | $1,106 |
| Security | $91 | $1,094 |
| Snack Bars | $44 | $532 |
| Software | $88 | $1,054 |
| Spa/Wellness | $102 | $1,226 |
| Speech Therapist | $91 | $1,089 |
| Startup | $66 | $789 |
| Tech/IT | $92 | $1,104 |
| Transportation | $91 | $1,086 |
| Travel | $90 | $1,077 |
| Tree Service | $70 | $837 |
| Trucking | $104 | $1,251 |
| Tutoring | $56 | $668 |
| Veterinary | $109 | $1,307 |
| Wedding Planning | $71 | $856 |
| Welding | $71 | $851 |
| Wholesale | $56 | $675 |
| Window Cleaning | $58 | $692 |
How Did We Determine These Oregon 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 Oregon Professional Liability Insurance Cover?
Oregon professional liability insurance protects your business when clients claim you made mistakes or didn't deliver what you promised. The coverage handles legal costs and damages from these liability claims.
This insurance goes by several different names:
- Errors and omissions insurance (E&O)
- Malpractice insurance (used mainly in healthcare and law)
- Professional indemnity insurance
How Much Professional Liability Insurance Do I Need in Oregon?
Most Oregon businesses don't need professional liability insurance by law. Clients and contracts set the standard at $1 million per occurrence and $2 million aggregate. Attorneys are the exception since Oregon mandates malpractice coverage with $300,000 per claim and $300,000 aggregate minimums. Medical professionals face no state requirement but need $1 million per occurrence and $3 million aggregate for hospital privileges at Oregon facilities.
Who Needs Professional Liability Insurance in Oregon?
Professional liability insurance protects Oregon businesses that provide services or advice where errors could cause client financial harm. If you work under contracts or face negligence claims in your profession, this coverage belongs in your risk management plan.
Tech professionals
Oregon's Silicon Forest houses Intel (the state's largest private employer with 22,000 workers), Tektronix and thousands of software companies, driving high demand for tech E&O insurance. Portland's tech consultants and Hillsboro's semiconductor engineers need coverage when software bugs, data breaches or missed project deadlines cost clients money.
Construction contractors
Oregon Construction Contractors Board requires licensing and bonding for all contractors performing residential and nonresidential work, but professional liability insurance protects you from claims beyond your CCB bond. Eugene contractors and Bend builders risk exposure when design decisions or construction errors lead to property damage or project delays.
Attorneys
Oregon is one of few states mandating malpractice insurance for attorneys with their principal office in-state; you'll pay $300,000 per claim and $300,000 aggregate minimums through the Oregon State Bar Professional Liability Fund. Portland law firms and Salem solo practitioners can't practice without meeting this client-protection requirement.
Medical professionals
Oregon law doesn't require physicians to carry malpractice insurance, but Portland hospitals and Eugene medical facilities won't credential you without $1 million per occurrence and $3 million aggregate coverage. Patient injury claims cost doctors significantly, and hospitals shift liability risk by requiring insurance before granting practice privileges.
Architects and engineers
Oregon State Board of Architect Examiners and the Board of Examiners for Engineering require registered professionals to stamp construction documents, creating direct professional responsibility for design accuracy and code compliance. Portland architects and Bend civil engineers need coverage when building designs fail, structural calculations prove wrong or construction documents contain errors that lead to property damage or safety issues.
How to Get the Best Professional Liability Insurance in Oregon
Our step-by-step guide walks you through how to get business insurance in Oregon that matches your professional liability insurance needs and budget.
- 1
Assess your professional liability insurance coverage needs
Start by understanding your business risks and any client requirements you must meet. A Portland software consultant working with Silicon Forest startups needs different coverage than a Salem construction contractor navigating Oregon Construction Contractors Board regulations and residential building claims.
- 2
Work with a local agent
Look for an agent who knows Oregon's business landscape and understands how business insurance costs vary by location and industry. Local agents can explain whether your Bend consulting practice faces different risks than similar businesses in Portland's dense tech corridor, where complex client contracts demand higher coverage limits.
- 3
Get quotes and compare coverage details
Request quotes from at least three insurers, comparing both affordable business insurance rates and policy terms like exclusions and deductibles. A Eugene architect working on Oregon's strict land-use and building code projects should examine coverage differences beyond premium costs, particularly whether $1 million policies exclude environmental or zoning liability.
- 4
Research the best providers
Look beyond price to find insurers with strong financial ratings, good claims handling and experience covering Silicon Forest tech companies or Oregon's licensed contractor community. Check AM Best ratings and read reviews from professionals in your Oregon industry, since insurers familiar with state regulations resolve claims faster.
- 5
Consider bundling discounts
Many Oregon insurers offer better premiums when you combine professional liability with other types of business insurance like general liability or business owner policies. A Hillsboro semiconductor equipment supplier saves 15% by bundling tech E&O coverage with product liability and commercial property insurance.
- 6
Don't let your coverage lapse
Professional liability policies protect you only from lawsuits filed while your policy is active, even if the work happened years ago. A Salem attorney leaving the Oregon State Bar Professional Liability Fund for an out-of-state firm should confirm their new policy covers prior acts or purchase tail coverage (extended reporting coverage) from the PLF for Oregon client work.
Get Oregon Professional Liability Insurance Quotes
MoneyGeek matches Oregon businesses with professional liability insurance providers that serve your specific industry. Our tool identifies your best insurer match and delivers customized quotes for your business.
Get Matched to the Best OR Professional Liability Insurer for You
Select your industry and state to get a customized OR professional liability insurer match and get tailored quotes.
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Oregon Professional Liability: Bottom Line
Finding the right professional liability insurance in Oregon comes down to understanding your business risks and working with the right provider. ERGO NEXT earns our top rating, but your industry, client contracts and budget should guide your final decision. Start by assessing your needs, then let a local agent help you 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.