Errors & Omissions Insurance
Protection for your company from claims if your client holds you responsible for.
Errors & omissions insurance in Austin, TX protects your company from claims if your client holds you responsible for errors, or the failure of your work to perform as promised in your contract.
Coverage includes legal defense costs – no matter how baseless the allegations. Errors & Omissions Insurance will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Professional Liability/Errors & Omissions Insurance coverage is NOT provided by a Commercial General Liability policy and does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues.
Companies who have General Liability without Professional Liability/Errors and Omissions Insurance coverage are taking a serious risk; it’s like a doctor practicing medicine without Malpractice Insurance.
Errors and Omissions coverage insures not only your mistakes, but also the mistakes of the employees and independent contractors you hire and might save you from extreme embarrassment, a lost client, or worst of all, a bad reputation.
Give us a call today for more information on Errors and Omissions coverage in Texas.
Let Heaton Bennett Insurance in Austin, TX assist you with an Errors and Omissions Liability Insurance policy for your business today.
Frequently Asked Questions
What is Errors and Omissions insurance in Texas?
Errors and Omissions (E&O) insurance is designed to help protect businesses and professionals from claims related to mistakes, oversights, or failure to provide services as expected. This type of coverage is commonly used by professionals who provide advice, expertise, or specialized services.
Who should consider E&O insurance in Texas?
Many professionals and service-based businesses in Texas may consider E&O insurance, particularly those who provide guidance, consulting, or professional services to clients. Coverage needs can vary depending on the type of services offered and the level of professional responsibility involved.
What does E&O insurance typically cover in Texas?
E&O insurance policies are generally structured to help address claims related to alleged errors, omissions, or professional negligence. Coverage details and limits can vary depending on the profession, policy terms, and insurance carrier.
Why work with an independent insurance agent for E&O insurance in Texas?
Professional risks can vary widely depending on the services a business provides. An independent insurance agent can help review available options and guide businesses toward E&O insurance in Texas that aligns with their professional exposures.
