Professional Liability Insurance Calculator
Calculate professional liability (errors & omissions) insurance costs based on industry, revenue, and risk factors.
Professional Liability Calculator
Estimate errors & omissions (E&O) insurance costs.
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Your Results
Breakdown
How this insurance calculator works
The Professional Liability Insurance Calculator in figflows is designed to give you a fast and practical estimate without requiring an account or sending your data to a server. You can explore different scenarios by changing inputs and immediately seeing how the outputs respond.
We keep the experience static-first and SEO-friendly: the page content is pre-rendered at build time, and only the calculator itself runs on the client. That approach keeps the site fast while still delivering interactive results.
Use this page as a planning tool: start with realistic inputs, then adjust one variable at a time to understand what matters most. If you’re using this calculator for budgeting, it’s often helpful to run a “best case,” “expected,” and “worst case” scenario and compare the deltas.
Quick steps
- Enter your inputs in the form above. You can adjust values to compare scenarios.
- We compute results instantly in your browser (no server calls), so your inputs stay on your device.
- Use the output cards to understand the “headline” result, then review the breakdown/table for details.
Limitations & important notes
Insurance pricing varies by carrier, underwriting, and coverage details. This calculator is an estimate meant to help you plan.
For the most accurate outcome, confirm assumptions (rates, fees, coverage details, and thresholds) against current official sources or provider documents. We’ll continue improving the underlying reference datasets over time.
Practical guidance for Professional Liability Insurance Calculator
Who needs professional liability (E&O)
Professional liability (errors & omissions) helps cover claims that your professional service, advice, or deliverable caused a client financial loss. It’s common for consultants, agencies, technology providers, and any business delivering work product where “the outcome” matters.
This calculator is built to help you plan coverage costs as you grow: larger contracts and higher revenue can increase both the required limits and the potential severity of a claim.
Practical inputs to model
- Revenue and project size: larger engagements can increase exposure.
- Contract requirements: some clients require specific limits or endorsements.
- Claims history: prior allegations can materially change pricing.
- Retroactive date and coverage form: details can affect eligibility and cost.
Next steps
If you’re signing client agreements, review indemnity clauses and limitation-of-liability language. Contract terms can increase exposure beyond what a basic policy covers. Use this estimate to choose a realistic limit before you request quotes.
Professional Liability (E&O) FAQ
What is professional liability (E&O) insurance?
It helps cover claims alleging your services or advice caused a financial loss due to errors, omissions, or negligence.
What factors affect E&O premiums?
Revenue, industry, services provided, contract terms, and claims history are common premium drivers.
Is E&O required?
Not always legally required, but it may be required by contracts or clients—especially for professional services.
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