How much is E&O insurance?
Errors and omissions insurance costs $50 to $88 a month in 2026. What changes your price is below.
Progressive Commercial says its new small business customers paid a median of $50 a month for professional liability, also called E&O, in 2025. Insureon puts the average at $88 a month, or $1,051 a year, with yearly prices from about $400 to over $7,000. Your work type matters most.
Estimate your errors and omissions insurance cost
Pick what you need and add your ZIP. The price updates as you go. Got a price already? Check it in the last step.
Is this price fair?
A fair price is $50.
Type a price above to check it.
Middle of the range: $50
What you are paying for
How we calculate this
Prices are for the United States in 2026 from published cost guides, checked September 2026. This is an estimate, not a quote.
How much does E&O insurance cost?
| Median, Progressive customers, 2025 | $50 a month. |
|---|---|
| Average, Progressive customers, 2025 | $69 a month. |
| Average, Insureon customers | $88 a month, $1,051 a year. |
| Insureon customers under $75 a month | 43 percent. |
| Insureon customers at $75 to $150 a month | 28 percent. |
| Yearly range | About $400 to over $7,000 (Insureon). |
What pushes a quote up
| Type of work | Architects and ad agencies pay more than photographers. |
|---|---|
| Limits | Higher limits cost more. |
| Revenue | Bigger clients mean bigger claims. |
| Claims history | Past claims raise the price. |
| Deductible | A higher deductible lowers the premium. |
Errors and omissions insurance cost by region
| Lower cost states | $40 to $70. Alabama, Arkansas, Indiana, Iowa, Kansas, Kentucky, Mississippi, Missouri, Oklahoma, Tennessee, West Virginia and most rural areas. |
|---|---|
| Average cost states | $50 to $88. Arizona, Florida, Georgia, Michigan, North Carolina, Ohio, Pennsylvania, Texas, Virginia and most mid size cities. |
| Higher cost states | $65 to $115. California, Connecticut, Hawaii, Massachusetts, New Jersey, New York, Washington, plus big metros such as Chicago, Denver and Washington DC. |
These rows are our estimate. We took the typical national range and adjusted it for local labor costs, which run about 20 percent lower in the cheapest states and about 30 percent higher in the dearest ones. State changes the price a little; your line of work changes it a lot.
What E&O covers
E&O insurance covers claims that your work or advice caused a client to lose money. It helps pay lawyers and settlements. It is the same thing as professional liability insurance. In health care it is called malpractice insurance.
It is different from general liability, which covers injuries and damage to other people's property. Many service businesses need both.
Why two averages differ
QuoteSweep explains that the median is what the middle buyer pays, while the average is pulled up by a few high risk, high premium buyers. So most small businesses should expect a price near the lower number.
How to judge the quote in your hand
- Ask the per claim and total limits.
- Ask if legal costs come out of the limit.
- Ask the deductible.
- Ask about prior acts coverage for past work.
- Ask if it is claims made.
Ways to pay less
- Pick limits your contracts require, not more.
- Use written contracts with clear scope.
- Bundle with general liability from one insurer.
- Get 3 quotes.
- Keep good records of client sign offs.
Before you decide
Claims made means timing matters
Most E&O policies are claims made. The policy must be active when the claim is filed, not just when the work was done. If you cancel, ask about tail coverage for claims that come later.
A worked example
Say a web designer pays $55 a month, or $660 a year. A client says a site bug cost them $20,000 in sales and sues. The policy can pay the lawyer and a settlement up to the limit, minus the deductible.
See our general liability insurance cost page.
This page is price information, not insurance or legal advice. Rules on required coverage differ by state and by contract.
About $50 to $88 a month for most small businesses. Yes. They are two names for the same coverage. Often about $600 to $1,051, but it can top $7,000 for risky work. Many service businesses carry both, because they cover different risks. Related jobs people check next, with the usual 2026 price.Common questions
How much does E&O insurance cost?
Is E&O the same as professional liability?
How much is E&O a year?
Do I need E&O and general liability?
Other service costs
Compare prices
Job Usual price Cyber insurance cost $400 to $8,000 Life insurance cost $15 to $59 Landlord insurance cost $800 to $3,000 Small business insurance cost $30 to $123