ERGO NEXT leads Arkansas professional liability insurance with strong coverage options, reliable customer support and competitive pricing at $69 per month. The Hartford ranks as the cheapest professional indemnity insurer in the state, averaging $68 monthly and saving professionals $6 compared to the state average. Simply Business, Nationwide and Coverdash round out the top providers for errors and omissions insurance in Arkansas.
Best Professional Liability Insurance in Arkansas
Get AR professional liability insurance quotes starting at $24 monthly from MoneyGeek's top companies like ERGO NEXT, The Hartford and Simply Business.
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Updated: February 1, 2026
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Professional Liability Insurance in Arkansas: Key Takeaways
ERGO NEXT provides the best professional liability insurance in Arkansas, while The Hartford offers the most affordable coverage starting at $68 monthly (Read More).
Professional liability insurance costs in Arkansas average $74 per month or $893 annually, placing the state among the more affordable options nationwide (Read More).
Professional liability insurance protects Arkansas businesses from financial losses due to professional mistakes, missed deadlines and claims of inadequate services (Read More).
Arkansas doesn't mandate professional liability insurance for most businesses, though health care providers and other licensed professionals need coverage for regulatory compliance (Read More).
Arkansas business owners should request small business insurance quotes from multiple carriers to secure the best professional liability coverage and pricing (Read More).
Best Professional Liability Insurance Companies in Arkansas
| ERGO NEXT | 4.76 | $69 |
| The Hartford | 4.62 | $68 |
| Simply Business | 4.51 | $73 |
| Nationwide | 4.46 | $78 |
| Coverdash | 4.45 | $75 |
| biBERK | 4.43 | $77 |
| Progressive Commercial | 4.41 | $72 |
| Hiscox | 4.37 | $74 |
| Chubb | 4.26 | $85 |
| Thimble | 4.25 | $73 |
How Did We Determine the Best Professional Liability Insurance in Arkansas?
These rates are estimates based on MoneyGeek's proprietary analysis of small businesses with two employees across 79 major industries and should not be considered quotes. Your actual rate will differ based on business-specific factors. Contact insurers directly for accurate pricing tailored to your business needs.
LEARN MORE ABOUT BUSINESS INSURANCE IN ARKANSAS
Beyond professional liability insurance in Arkansas, we've provided the following state-specific resources to get the best coverage for your business:
1. ERGO NEXT: Best Professional Liability Insurance in AR
pros
Lowest rates in Arkansas at $69 monthly ($5 below average)
A+ Superior AM Best rating backed by Munich Re
Coverage in 10 minutes with instant certificates via mobile app
Tailored policies for 1,300+ professions with prior acts coverage
cons
Founded in 2016 with less industry tenure than traditional insurers
Claims process ranks fourth nationally in customer surveys
COMPANY HIGHLIGHTS
Arkansas small business owners will find ERGO NEXT to be the best overall professional liability insurer due to competitive rates and top-rated digital tools. The provider charges $69 monthly for E&O insurance, saving $5 compared to the state average of $74. ERGO NEXT earned an A+ Superior rating from AM Best in September 2025 following its acquisition by Munich Re. Little Rock consultants and Fayetteville contractors can get a quote, purchase coverage and download certificates in about 10 minutes through ERGO NEXT's mobile app, which rates 4.9 out of 5 stars on Google Play.
2. Simply Business: Best Professional Liability Insurance Coverage Option in AR
pros
Ranks first nationally for coverage options across 18+ carriers
Backed by Travelers' A++ Superior AM Best rating
Compare multiple quotes in 10 minutes without calling insurers
Broker model finds coverage for hard-to-insure businesses
cons
Claims process ranks eighth nationally among providers reviewed
No local agents for in-person service
COMPANY HIGHLIGHTS
Simply Business ranks as the best professional liability insurer for coverage options in Arkansas, connecting business owners with policies from 18+ carriers including Travelers, Hiscox and Markel. The provider charges $73 monthly, slightly below the state average of $74. Its broker model works well for Bentonville retailers and Hot Springs hospitality businesses needing specialized E&O coverage other insurers decline. Simply Business is owned by Travelers, which carries an A++ Superior AM Best rating. The digital platform ranks third nationally for user experience and lets you compare quotes in about 10 minutes.
Average Cost of Professional Liability Insurance in Arkansas
Professional liability insurance costs in Arkansas vary by industry. Florists pay the lowest rates at around $36 per month, while mortgage brokers face the highest average costs at approximately $160 per month. You can find specific pricing for your business by using the industry filter tool below to explore rates tailored to your profession.
Data filtered by:
Select
| Accountants | $141 | $1,687 |
| Ad Agency | $95 | $1,136 |
| Auto Repair | $79 | $951 |
| Automotive | $71 | $857 |
| Bakery | $50 | $605 |
| Barber | $40 | $485 |
| Beauty Salon | $47 | $565 |
| Bounce House | $57 | $681 |
| Candle | $40 | $475 |
| Cannabis | $116 | $1,397 |
| Catering | $75 | $895 |
| Cleaning | $53 | $634 |
| Coffee Shop | $58 | $698 |
| Computer Programming | $101 | $1,209 |
| Computer Repair | $60 | $724 |
| Construction | $73 | $880 |
| Consulting | $105 | $1,261 |
| Contractor | $59 | $713 |
| Courier | $48 | $578 |
| DJ | $43 | $514 |
| Daycare | $104 | $1,243 |
| Dental | $80 | $958 |
| Dog Grooming | $54 | $642 |
| Drone | $101 | $1,208 |
| Ecommerce | $59 | $712 |
| Electrical | $60 | $726 |
| Engineering | $102 | $1,221 |
| Excavation | $64 | $770 |
| Florist | $36 | $431 |
| Food | $108 | $1,296 |
| Food Truck | $57 | $680 |
| Funeral Home | $78 | $932 |
| Gardening | $39 | $465 |
| HVAC | $77 | $930 |
| Handyman | $51 | $617 |
| Home-based business | $37 | $441 |
| Hospitality | $70 | $843 |
| Janitorial | $47 | $566 |
| Jewelry | $58 | $701 |
| Junk Removal | $64 | $770 |
| Lawn/Landscaping | $49 | $593 |
| Lawyers | $140 | $1,678 |
| Manufacturing | $57 | $682 |
| Marine | $85 | $1,023 |
| Massage | $100 | $1,202 |
| Mortgage Broker | $160 | $1,919 |
| Moving | $80 | $956 |
| Nonprofit | $49 | $583 |
| Painting | $60 | $726 |
| Party Rental | $53 | $639 |
| Personal Training | $68 | $817 |
| Pest Control | $91 | $1,098 |
| Pet | $44 | $534 |
| Pharmacy | $55 | $658 |
| Photography | $60 | $722 |
| Physical Therapy | $90 | $1,080 |
| Plumbing | $87 | $1,041 |
| Pressure Washing | $54 | $652 |
| Real Estate | $121 | $1,449 |
| Restaurant | $77 | $927 |
| Retail | $52 | $625 |
| Roofing | $94 | $1,134 |
| Security | $96 | $1,154 |
| Snack Bars | $45 | $544 |
| Software | $92 | $1,110 |
| Spa/Wellness | $105 | $1,261 |
| Speech Therapist | $94 | $1,129 |
| Startup | $68 | $810 |
| Tech/IT | $94 | $1,122 |
| Transportation | $90 | $1,084 |
| Travel | $93 | $1,110 |
| Tree Service | $72 | $869 |
| Trucking | $106 | $1,267 |
| Tutoring | $59 | $705 |
| Veterinary | $112 | $1,339 |
| Wedding Planning | $75 | $896 |
| Welding | $74 | $884 |
| Wholesale | $60 | $715 |
| Window Cleaning | $60 | $724 |
How Did We Determine These Arkansas Professional Liability Insurance Rates?
These rates are estimates based on MoneyGeek's proprietary analysis of small businesses with two employees across 79 major industries and should not be considered quotes. Your actual rate will differ based on business-specific factors. Contact insurers directly for accurate pricing tailored to your business needs.
What Does Arkansas Professional Liability Insurance Cover?
Professional liability insurance in Arkansas protects your business when clients claim you made mistakes or failed to deliver promised services. This coverage handles both the damages you might owe and the legal costs to defend yourself. The insurance goes by several different names:
- Errors and omissions insurance (E&O)
- Malpractice insurance (specialized type, typically in legal and medical fields)
- Professional indemnity insurance
How Much Professional Liability Insurance Do I Need in Arkansas?
Arkansas doesn't require professional liability insurance for most businesses, though clients and contracts often demand it. Standard coverage of $1 million per occurrence and $2 million aggregate annually covers most contract work risks. Medical malpractice insurance isn't legally required by state law, but hospitals and health insurance networks require health care providers to carry $1 million per occurrence and $3 million aggregate. Home inspectors must maintain at least $100,000 in E&O coverage under Act 974, effective April 2025.
Who Needs Professional Liability Insurance in Arkansas?
Certain Arkansas businesses dealing with client contracts or professional negligence exposure need professional liability insurance. These five industries carry notable E&O risk in the state's retail, logistics and tech-driven economy.
Consultants and Business Services Professionals
Northwest Arkansas hosts more than 1,450 vendor offices serving Walmart, Tyson Foods and J.B. Hunt. Consultants advising these Fortune 500 companies on supply chain, retail strategy or logistics risk claims if their recommendations cause client financial losses.
Tech Professionals
More than 46,000 workers power Arkansas's technology sector, with job growth in Little Rock outpacing the national average by 20% according to the Arkansas Economic Development Commission. IT firms, software developers and data analytics companies serving Northwest Arkansas's retail giants need tech E&O insurance to cover claims from software failures, data breaches or missed project deadlines.
Accountants and Financial Professionals
The Arkansas State Board of Public Accountancy licenses CPAs who serve the state's Fortune 500 headquarters, including Walmart in Bentonville and Tyson in Springdale. Accountants' professional liability insurance covers claims from tax filing errors, audit mistakes or financial reporting disputes that result in client losses.
Medical Professionals
State law doesn't require medical malpractice insurance in Arkansas, but hospitals and health insurance networks mandate coverage for credentialing. Health care providers seeking hospital privileges or network participation can expect to meet facility standards with requirements of $1 million per occurrence and $3 million aggregate.
Contractor and Construction Professionals
The Arkansas Contractors Licensing Board requires commercial contractors to maintain surety bonds and workers' compensation insurance, though professional liability coverage remains optional. Contractors bidding on commercial projects exceeding $50,000 or residential work over $2,000 often find clients require E&O coverage for claims involving design errors, project delays or work failing to meet specifications.
How to Get the Best Professional Liability Insurance in Arkansas
Arkansas business owners can follow this guide to learn how to get business insurance that matches their professional liability needs and budget. The process works for any industry, from Walmart vendors in Bentonville to health care consultants in Little Rock.
- 1Assess your professional liability insurance coverage needs
Start by identifying your business risks and any client or contract requirements you must meet. A Fayetteville IT consultant serving retail tech startups needs different coverage limits than a Little Rock accounting firm handling corporate audits.
- 2Work with a local agent
Find an agent who understands Arkansas's business landscape and how business insurance costs vary between the state's two major economic regions. Local agents can explain whether your Northwest Arkansas consulting practice serving Walmart vendors requires different coverage than a similar firm in the Little Rock health care corridor.
- 3Get quotes and compare coverage details
Request quotes from at least three insurers, comparing both affordable business insurance rates and policy terms including exclusions and deductibles. A Rogers software developer should examine coverage differences, not just premium costs, when evaluating $1 million liability policies from multiple providers.
- 4Research the best providers
Look beyond price when researching professional liability insurers for your Arkansas business. Find carriers with strong AM Best financial ratings, responsive claims handling and experience insuring businesses in your specific industry.
- 5Consider bundling discounts
Many Arkansas insurers offer better premiums when you combine professional liability with other types of business insurance like general liability or a business owner's policy. A Springdale food industry consultant saves 15% by bundling professional and general liability coverage with the same carrier.
- 6Don't let your coverage lapse
Professional liability policies cover claims filed only while your policy remains active, even if the work occurred years earlier. A Bentonville retail consultant switching carriers must verify their new policy includes prior acts coverage or purchase tail coverage (extended reporting coverage) from their previous insurer to avoid gaps.
Get Arkansas Professional Liability Insurance Quotes
MoneyGeek can match you with top professional liability insurance providers for your Arkansas business. Use the tool below to compare quotes tailored to your industry and coverage needs.
Get Matched to the Best AR Professional Liability Insurer for You
Select your industry and state to get a customized AR professional liability insurer match and get tailored quotes.
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Arkansas Professional Liability: Bottom Line
Finding the right professional liability insurance in Arkansas comes down to understanding your business risks and working with the right provider. ERGO NEXT earns our top rating, but your industry, client contracts and budget should guide your final decision. Start by assessing your needs, then let a local agent help you compare options and secure coverage that financially protects your business.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.