TCDS Insurance Agency

MPL Insurance for Professional Services in Alabama

Miscellaneous Professional Liability (MPL) protects Alabama service firms against claims of errors, omissions, and professional negligence. We explain who needs it, what it covers, and how to get the right limits.

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Quick Answer

What is MPL insurance and who needs it?

MPL (Miscellaneous Professional Liability) insurance covers claims of errors, omissions, and professional negligence. Any Alabama business that provides advice, recommendations, or professional services needs MPL — including accountants, real estate agents, consultants, insurance agents, and technology firms. It's separate from general liability and covers financial losses caused by your professional work.

Who Is This For?

Accounting and CPA firms
Real estate agents and brokers
Insurance agencies
Management consultants
IT and technology firms
Marketing and advertising agencies

Coverage Options

Tailored protection for your business. We shop 50+ carriers to find the best combination of coverage and price.

Errors & Omissions

Covers mistakes, oversights, and failures in your professional work.

$1,000–$5,000/yr

Professional Negligence

Covers claims that your work fell below professional standards.

Included

Legal Defense

Pays for attorneys, court costs, and expert witnesses.

Included

Settlements & Judgments

Pays court-ordered damages and negotiated settlements.

Up to policy limits

Regulatory Proceedings

Some policies cover costs of defending regulatory complaints.

Often included

Prior Acts Coverage

Covers claims from work performed before the policy start date.

Varies

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Am I a Fit? Quick Eligibility Check

Review these guidelines to see if your business qualifies for our preferred programs.

Professional services firms providing advice or recommendations
Accountants, real estate agents, consultants, and IT firms
Insurance agencies and financial planning firms
Firms with prior claims may face higher premiums or exclusions
Medical malpractice and legal malpractice need specialty policies

Frequently Asked Questions

How much does MPL insurance cost in Alabama?
Most Alabama professional services firms pay $1,000 to $5,000 per year for MPL, depending on profession, revenue, and coverage limits.
Is MPL the same as E&O insurance?
Yes. MPL (Miscellaneous Professional Liability) and E&O (Errors and Omissions) are the same coverage. The terminology varies by carrier and industry.
Does my BOP include professional liability?
No. A BOP covers general liability and property but does not include professional liability. MPL must be purchased separately.
What's the difference between MPL and general liability?
General liability covers physical injuries and property damage. MPL covers financial losses caused by your professional advice, recommendations, or services.

Ready to Protect Your Business?

Get your free, no-obligation quote in minutes. We shop 50+ carriers to find the best coverage and price for your business.

(205) 847-5616