Excess Professional Liability Insurance Insurance: Average Premiums & Pricing Factors
Quick Answer
How much does Excess Professional Liability Insurance cost? Average premiums by business size, industry, and state — plus the key factors that drive your rate…
Comprehensive FAQ, cost guide, and claims examples for excess professional liability insurance — additional E&O coverage above primary limits.
What You Need to Know
Excess professional liability provides additional E&O coverage above primary limits for professionals facing high-value claims.
Excess Professional Liability Insurance Cost by Business Size
| Business Size | Annual Revenue | Typical Premium | Notes |
|---|---|---|---|
| Individual Professional | Under $500K | $500–$2,000/yr | $1M–$2M excess coverage. |
| Large Firm | $5M+ | $5,000–$20,000/yr | $5M+ excess coverage. |
What Determines Your Premium?
- Profession (High impact) — Medical professionals and architects pay more than consultants.
- Primary Limits (Medium impact) — Higher primary limits reduce the cost of excess coverage.