NEXT offers Oregon's best professional liability insurance, with affordable rates and solid customer service. The Hartford takes second place, while Simply Business rounds out the top three.
Professional Liability Insurance in Oregon
NEXT earns the highest score of 4.75 out of 5 in our analysis of the best professional liability insurance in Oregon.
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Updated: October 28, 2025
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Best Professional Liability Insurance in Oregon: Key Takeaways
NEXT is our top pick for professional liability insurance in Oregon, followed by The Hartford and Simply Business.
Your industry risk, client contracts, potential claim costs and budget determine the best Oregon professional liability insurance for you.
Assess your needs first, then compare quotes from multiple providers to find the best professional liability insurance in Oregon.
Find Insurance for Your Business
Select your industry and state to get a customized quote.
Industry
State
Best Professional Liability Insurance Companies in Oregon
| NEXT Insurance | 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 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 alone won't protect your Oregon business from every risk. Smart business owners understand how different coverage types work together to create comprehensive financial protection.
Best Oregon 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 Oregon businesses.
NEXT
Overall Best Provider
MoneyGeek Rating
4.8/ 5
4.8/5Affordability
4.7/5Customer Experience
4.8/5Coverage 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
3.9/5Our Survey: Recommend to Others
4.8/5
The Hartford
Runner-Up for Best Provider
MoneyGeek Rating
4.7/ 5
4.7/5Affordability
4.6/5Customer Experience
4.7/5Coverage Points
Average Monthly Premium
$66These 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 Oregon
The Hartford offers the cheapest professional liability insurance in Oregon at $66 monthly ($796 annually). NEXT provides another affordable option for business owners, with coverage starting at $67 per month.
| The Hartford | $66 | $796 |
| NEXT Insurance | $67 | $806 |
| Progressive Commercial | $70 | $836 |
| Thimble | $70 | $846 |
| Simply Business | $71 | $850 |
| Coverdash | $72 | $867 |
| Hiscox | $72 | $869 |
| biBERK | $74 | $883 |
| Nationwide | $76 | $915 |
| Chubb | $82 | $985 |
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 Oregon
Professional liability insurance costs $72 monthly ($865 annually) in Oregon, which is $6 less than the national average. Home-based businesses pay around $34 per month, while mortgage brokers average $156. Your final rate depends on business location, claims history and coverage limits.
| 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 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 Oregon?
Professional liability insurance requirements in Oregon depend on your specific profession. Health care providers, lawyers and real estate professionals often face stricter mandates than other fields. Even when not legally required, smart coverage amounts reflect your risk exposure and what clients demand. Many higher-risk professions carry at least $1 million per occurrence and $3 million aggregate as a baseline.
Your coverage decision depends on three factors:
Your Industry Risk
Some industries in Oregon carry greater liability exposure than others. Technology consultants in Portland's tech corridor and architects designing earthquake-resistant buildings facing higher risks, typically needing coverage of $1 million or more. Professional liability insurance for accountants in Salem or real estate agents in smaller communities like Bend may find $500,000 adequate for most situations.
Client Requirements
Many clients and contracts in Oregon require proof of professional liability insurance at specific limits before work can begin. Large corporations, government contracts with the state of Oregon, and major projects often mandate minimum coverage levels of $1-2 million, making this a key factor in determining your needs.
Potential Claim Costs
Your coverage should reflect the possible financial impact of a professional liability lawsuit in Oregon, where legal fees alone can reach $300-500 per hour. While small mistakes might result in claims of $10,000-50,000, errors on major projects like Portland's infrastructure developments or large commercial buildings could lead to six-figure damages plus substantial legal costs.
How to Get the Best Professional Liability Insurance in Oregon
The steps of our guide helps you get business insurance that matches your Oregon professional liability needs and budget.
- 1Evaluate Your Business Risks
Different Oregon businesses face varying liability exposures based on their industry and client interactions. A regional accounting firm typically needs higher coverage limits than a solo marketing consultant. Review your contracts and consider potential claim scenarios to determine appropriate coverage amounts.
- 2Find a Local Agent
Look for an agent who knows Oregon's's business landscape and understands how business insurance costs vary by location and industry. Local agents can recommend coverage options that align with industries common in the Pacific Northwest. They also know which insurers offer the most competitive rates in your area.
- 3Request Multiple Quotes
Request quotes from at least three insurers, comparing both affordable business insurance rates and policy terms like exclusions and deductibles. A $1,000,000 policy from one carrier may offer different protections than another company's identical limit.
- 4Research Insurer Reputation
When researching business insurance in Oregon, look beyond price. Choose carriers with strong financial ratings and proven claims handling records. Check AM Best ratings to verify financial stability and read professional reviews from other business owners. Insurers with industry-specific expertise often provide better service when claims arise.
- 5Explore Bundling Options
Many insurers offer discounts when you combine professional liability with other types of business insurance coverage, like general liability or business owner's policies. Oregon businesses can often save 10% to 15% by bundling multiple coverages with one carrier. This approach also simplifies policy management and renewal processes.
- 6Maintain Continuous Coverage
Professional liability policies protect you only from lawsuits filed while your policy is active, even if the work happened years ago. A consultant switching carriers should ensure their new policy covers prior acts or purchase tail coverage (extended reporting coverage) from their old insurer.
How to Prevent Professional Liability Claims in Oregon
Professional liability claims result from poor communication and vague client expectations rather than genuine mistakes. Small disputes can quickly generate thousands in legal fees. These strategies help Oregon businesses prevent conflicts and avoid 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. Written records serve as your best defense if clients later claim they requested different work or outcomes.
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 protect both you and your clients by establishing clear boundaries from the start.
Communicate Project Changes Immediately
Confirm all client-requested changes in writing before proceeding with additional work. Document how these changes will affect project timelines, budgets and final deliverables. This practice prevents misunderstandings about extra costs and ensures clients understand the full impact of their requests.
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 risk of client disappointment. Clear expectations lead to better client relationships and fewer disputes.
Keep Detailed Project Records
Maintain thorough records of all work performed, decisions made and the reasoning behind your professional recommendations. These detailed records demonstrate your diligence and professional standards if your work is ever questioned. Comprehensive documentation shows you followed proper procedures and made informed decisions throughout the project.
Oregon Professional Liability: Bottom Line
Professional liability insurance selection in Oregon begins with understanding your specific business risks and client demands. NEXT leads our ratings, but your industry type, contract requirements and budget determine the best fit. Assess your coverage needs first, then work with a local agent to compare providers offering solid financial protection for your business.
Oregon Professional Liability Insurance: FAQ
Here are frequently asked questions about professional liability insurance in Oregon.
What does professional liability insurance cost in Oregon?
Professional liability insurance in Oregon costs between $66 and $82 monthly, based on available providers. Your actual premium depends on your industry's risk level, claims history, coverage limits and business location, making each company's rate unique.
Which professional liability insurance company is best in Oregon?
NEXT ranks as the top professional liability insurance company in Oregon, scoring 4.75 out of 5 for its affordable rates and excellent customer service. The Hartford follows closely at 4.66, while Simply Business rounds out the top three at 4.52, providing solid coverage options for professionals statewide.
How much professional liability coverage do I need in Oregon?
Professional liability coverage amounts in Oregon depend on your industry's risk level, client contract requirements and potential lawsuit costs. Higher-risk professions like architects and consultants need greater coverage limits, while businesses with lower exposure may require less protection.
Are professional liability and E&O insurance the same thing?
Yes. Professional liability and errors and omissions (E&O) insurance are two names for the same coverage. Both protect you from claims about mistakes in your services. Some industries prefer one term, but they work the same way.
How We Scored the Best Professional Liability Insurance Companies in Oregon
A professional liability lawsuit can devastate small businesses in Oregon, potentially forcing closure even for well-established companies. We evaluated insurers throughout the state to identify which providers offer the most reliable financial protection for businesses at every stage of growth.
Our Scoring System
- Affordability (50%): Cost considerations dominate small business insurance choices. We gave affordability the highest weight because businesses need comprehensive protection that fits their budget constraints.
- Customer experience (30%): Professional liability claims create significant stress for business owners. We assessed service quality through J.D. Power ratings and analyzed complaint records from the state's Department of Insurance.
- Coverage options (15%): We reviewed policy adaptability and exclusions to ensure they address the specific needs of local professional service providers.
- Financial strength (5%): AM Best financial ratings confirmed each recommended insurer maintains the resources to honor 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 14, 2025.