Texas Insurance Professionals Services offers agents E&O coverage through access to admitted markets with exclusivity to Utica National. Specialists with TIPS will help you find the coverage you need at a competitive price. Our agents can draw from our unique and large selection of E&O program options including enhanced endorsements like Third-Party Cyber, Employee Related Liability and Catastrophe coverage.
Errors & Omissions Insurance 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.