StandardVerified Q1 2026
Source: Travelers — Professional Liability Insurance
Travelers: Professional Services Insurance Appetite
Travelers offers a well-rounded package for professional services firms, especially when you can bundle GL, professional liability, and cyber into one account. Their professional liability form is strong for consulting and accounting firms. For technology-specific E&O, CNA or Hiscox may offer better terms.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Professional Liability |
| Workers' Compensation |
| Commercial Auto |
| Umbrella/Excess |
| Cyber Liability |
| Employment Practices Liability |
Premium Range
$2,000-$15,000
Typical annual premium
Target States
All 50 states
Key Features
- Professional liability available for accountants, consultants, and engineers
- Cyber liability endorsement can be added to the BOP or written standalone
- Package discount when bundling GL, professional liability, and cyber
- EPLI coverage protects against wrongful termination and harassment claims
Limitations
- Law firms are handled by a separate Travelers legal specialty division
- Firms over $25M in revenue move to middle market underwriting with longer timelines
- Staffing agencies have specific class code requirements and additional scrutiny
Compare Other Carriers for Professional Services
Progressive CommercialStandard
$1,200-$6,000
CNAPreferred
$3,000-$25,000
HiscoxPreferred
$600-$6,000
ERGO NEXT InsurancePreferred
$500-$5,000
The HartfordPreferred
$2,000-$15,000
EMPLOYERS HoldingsPreferred
$600-$4,000
AcuityStandard
$2,000-$10,000
Erie InsurancePreferred
$2,000-$12,000
biBERKPreferred
$1,000-$8,000
AmTrust Financial ServicesPreferred
$1,500-$12,000
BTISPreferred
$1,500-$10,000
Pie InsurancePreferred
$500-$4,000
NationwidePreferred
$1,000-$7,500
Liberty MutualStandard
$1,200-$8,000
ChubbPreferred
$2,000-$15,000
Cincinnati FinancialStandard
$1,000-$7,000
Hanover InsurancePreferred
$1,000-$8,000
Auto-Owners InsuranceStandard
$900-$6,000
Guard Insurance GroupPreferred
$1,000-$6,000
Markel CorporationStandard
$2,000-$15,000
Coterie InsurancePreferred
$500-$3,000
Selective Insurance GroupPreferred
$3,000-$40,000
Kinsale Capital GroupStandard
$2,000-$20,000
InsureonStandard
$400-$5,000