Choice Insurance Agency
Professional Liability Insurance in Massachusetts
Offering customized insurance solutions in Massachusetts and beyond.
What is professional liability insurance?
Any professional could someday make a mistake. That mistake could result in an expensive lawsuit if it results in significant costs to the client. Professional liability insurance may help professionals that work in Massachusetts protect themselves from this type of risk.
Professional liability insurance offers tailor-made protection for professionals with expertise. Policies may cover legal fees and settlements if a professional is sued over their work product.
What type of Massachusetts professionals need professional liability coverage?
Professional liability coverage is used across the medical, legal, financial, consulting, and many other fields. Most people offering professional services in Massachusetts should have this coverage. For example, it’s often purchased by the following professionals:
- Physicians, physician assistants, and nurse practitioners
- Optometrists, dentists, and chiropractors
- Attorneys, mediators, and paralegals
- Occupational therapists and physical therapists
- Psychiatrists, psychologists, and counselors
- Wealth managers, financial advisors, and financial planners
- IT consultants, management consultants, and college consultants
- Tradespeople and other professionals
Quotes Available in Massachusetts & Other States
Words from our Clients
Gained a customer for life.
Moved all my personal lines of insurance over to Choice. They found me a set of policies that saved me over $1000/year. Then, Julie took care of my commercial line, jumped through so many hoops and got me a policy for my business at an amazing rate.
Great people, great insurance, great advice, great price.
Choice insurance has been providing insurance coverage to our commercial real estate business for over 7 years and the service has been tremendous. Peter has always responded quickly and with incredibly aggressive pricing; and with a perspective to assure that we are fully covered for all potential issues without unnecessary coverage and fees. There is such a comfort when working with Peter and his company that our best interest is their top priority.
I have been a happy customer of Choice Insurance for 12+ years. Peter and the team have been fantastic — always professional and knowledgeable about supporting my business insurance needs as well as our personal, home, car, and condo insurance needs. Peter has helped us with insurance questions related to buying and selling homes, a flood insurance claim, a tree that almost fell on our house and destroyed our fence, and a car accident. Recently, Peter noticed that our condo insurance (inherited from the prior owner) was severely inadequate. He helped us switch to a much better policy within less than a day. And, thank goodness he did. A couple weeks later, I smelled gas outside our home. It was a gas leak that National Grid fixed right away. But, I slept more soundly that night knowing that if the worst had happened, we would be fully covered thanks to Peter! I can’t recommend Choice enough!
This is our third policy with Peter, he’s awesome!! We started with a policy for a commercial space and added a home insurance and auto policy because of the quality of service that we received.
We highly recommend Choice Insurance Agency for competitive pricing and transparency. Want a great policy and customer service experience look no further.
Peter and his team are thorough and have a strong sense of urgency for all matters pertaining to our account. Each time we reach out for assistance, our expectations are exceeded. I would recommend his team to anyone.
I switched to Choice 10 years ago and with 2 teenage drivers we interact frequently. Every time they have made the process quick and effortless. My family and I could not be more pleased.
What types of professional liability policies are available to professionals?
In order to meet the varied needs of these many professions, insurance companies offer several different types of professional liability coverage. The main types of policies are:
- Medical Malpractice Insurance
- Legal Malpractice Insurance
- Errors and Omissions (E&O) Insurance
- Directors and Officers (D&O) Insurance
Errors and omissions coverage is a broadly useful professional liability option for people who mainly give advice. It might be useful to financial planners, real estate agents, and consultants, for example.
Directors and officers insurance isn’t so much for a particular industry, but rather for certain roles. Leaders of nonprofit organizations and businesses sometimes get this coverage, as it might offer protection if they’re sued over a decision they made.
An insurance agent specializing in professional liability can help professionals identify the right type of policy for their work.
Do employees receive professional liability coverage from their employer?
Employees are often covered under their employer’s professional liability policy when doing work for that employer. Any coverage like this normally won’t extend to pro bono work done for charities, or to side work that a professional might take on.
Professionals who do work outside of their main employment, whether pro bono or charged, should consult a knowledgeable insurance agent. An agent can review the situation, and then make a recommendation on how best to procure coverage.
Do independent contractors need their own professional liability policy?
Independent contractors often need their own professional liability policy, as they may not be covered by the business that hires them. Sometimes a hiring business will extend coverage, but this is far from standard practice in all situations.
Professionals taking on contract work should consult with an insurance agent, to assess their professional liability needs and options.
Do all professional liability policies cover working online?
Most professional liability policies are able to cover online work, but there might still be a few exceptions. It’s important to confirm that a policy does indeed cover working online and not just assume it does.
How much are the premiums charged for professional liability policies?
The cost of professional liability coverage varies widely, depending on factors such as the professional’s field, experience, and claims history. Medical malpractice will likely cost more than errors and omissions, but there’s significant variance even within the same category.
An independent insurance agent can help check premiums from several insurance companies. Since independent agents don’t work for any one insurance company, they’re able to request custom quotes from several insurers in the state.
Where can professionals working in Massachusetts find professional liability insurance?
If you need help finding professional liability insurance, get in touch with the independent insurance agents at Choice Insurance. One of our Massachusetts agents will work closely with you to determine coverage needs based on your work, and then help you find the best policy based on those specific needs.
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