Business Liability Insurance Price

business liability insurance price
Why Do We Need a Liability Cap?
Oil companies know the liability ceiling is leaky and that major oil spills will run them far past the $75 million mark. Time to kill the cap. Exxon Valdez – Gulf of Mexico – Oil spill – Business – Oil Pollution Act of 1990
Small Business Liability Insurance | liability insurance for small business

What is the Cost of Professional Liability Insurance for Structural Engineers?

I was wondering if anyone could ballpark the price of Professional Liability Insurance for a Structural PE in the US who owns his own business with no employees and bills about 300,000 USD a year. The work is mostly design and consulting work.

IF you could find someone to insure you, it would depend on your experience, what type of projects you design (no condos) if you have a litigation history, what deductible you can show you could pay, and what is the amount you want to insure for.

I recently looked and it was almost 15K/year for 1 mill coverage w 50K deductible

reality check…

300K/year for sole proprietor?