What is the price range for individual professional liability insurance?

The price range for individual professional liability insurance typically varies based on factors such as the profession, coverage limits, and the individual's claims history. Generally, premiums can range from a few hundred to several thousand dollars per year. For example, professionals like consultants or therapists may pay between $300 to $1,500 annually, while higher-risk professions, such as medical practitioners, may see costs exceeding $2,000. It's essential to shop around and compare quotes to find the best coverage for your needs.