PreferredVerified Q1 2026
Source: Nationwide – Professional Services Insurance
Nationwide: Professional Services Insurance Appetite
Nationwide is a strong market for small professional services firms. Their E&O product covers a wide range of consulting and advisory professions, and the ability to bundle it with BOP simplifies the placement. The cyber endorsement is increasingly important for firms handling sensitive client data.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Professional Liability (E&O) |
| Workers' Compensation |
| Commercial Auto |
| Cyber Insurance |
| Umbrella/Excess |
Premium Range
$1,000-$7,500
Typical annual premium
Target States
All 50 states and DC
Key Features
- Professional liability (E&O) available standalone or as BOP endorsement
- Broad BOP covers consultants, accountants, marketing firms, and similar
- Cyber insurance endorsement for firms handling client data
- Employment practices liability available as add-on coverage
- Low minimum premiums ideal for solo practitioners and small firms
Limitations
- Attorneys, architects, and engineers need specialty E&O markets
- Staffing agencies and employment firms have limited availability
- Firms with over $10M revenue require commercial package policy
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The HartfordPreferred
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Erie InsurancePreferred
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biBERKPreferred
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AmTrust Financial ServicesPreferred
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Liberty MutualStandard
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ChubbPreferred
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Hanover InsurancePreferred
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Auto-Owners InsuranceStandard
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Guard Insurance GroupPreferred
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