Errors and omissions insurance real estate can be a tricky business. Luckily, Texas Insurance Agency is real estate professionals. Our commercial insurance policies will protect your business from civil litigation. Errors in contracts and paperwork may arise. That’s right – the technical stuff. We know how much of a head-scratcher contract and legal paperwork can be. This type of insurance is also called professional liability insurance. Though it can be difficult to accurately figure out the ends and outs of these contracts for some, we don’t shy away from it. We take challenges head-on.
The coverage focuses on the failure to perform on the part of error or omission. This technique is in the service or product sold by the policyholder. Therefore, these turn into legal actions that aren’t covered by general liability insurance. Insurance real estate deals with both brokers and business owners due to property management. Errors and omissions insurance (E&O) involves real estate agents and brokers. This feature can include defense costs, including legal action that can turn out to be groundless. There also limits of liability all parties, including real estate brokers, need to take into account. Our insurance program takes into consideration risk management, home warranty, and other aspects of the real estate (E&O) insurance.
Professional liability is usually set up on a claims-made basis. This term means the policy covers only those claims made during the policy period. Plus, you will have indemnity to be insured against loss arising from any claim or claims made during the period, involving E&O. The insurance protects companies, their workers, and other professionals against potential claims of inadequate work or negligent actions. Everyone has their side of the story. Therefore, it shouldn’t cost you an unreasonable amount of costs to explain your side of the story.
What Errors and Omissions Insurance Real Estate Is
E&O insurance covers attorney fees, court costs, judgments, and settlements, depending on the limits of the policy. Therefore, we give you time to adjust your business report expenses when facing legal action. We all know how hard running real estate property, or a being a business owner can be. Getting some help while dealing with legal claims can help you prioritize essential matters brought to your attention. As an owner, there are tons of issues you already have to deal with throughout the day. Having E&O coverage will help you facilitate the responsibilities you have.
Texas Insurance Agency is here to help out businesses that are facing such issues. Additionally, we offer other commercial coverages that can benefit your commercial property in the long run. Our commercial insurance policies include professional liability, commercial auto insurance, builder’s risk, and bonds, and of course, E&O. The combination of these policies can help your business tenfold. If your profession involves delicate information, the professional liability policy has you covered. There are also other risks such as theft that the builder’s risk and bonds can help you out with as well. When it comes to commercial property, protecting all of your assets is critical.
Your contracts can be at risk for litigation, people with personal injury and other liabilities can occur. A business, depending on multiple factors, is a long-time investment. Protecting your ends will make you prepared for any additional costs you may come across involving insurance services. Texas Insurance Agency is your partner through such times. By acquiring our services, you’ll be able to receive the benefits of E&O, worker’s compensation, and more! Reach out to us today by calling (281) 398-1010! We’d be more than welcome to help you with any inquiries you may have concerning the assets of your company.
Other Texas Insurance Agency Services
Automotive insurance also falls under your commercial industry if you use vehicles for business. For instance, if you own a warehouse, transport vehicles are a must to protect. If you experience a minor hit that doesn’t cause a lot of damage, you are still at risk of the other driver claiming to be in pain. Plus, you, the situation turns in their favor, and you’re at fault. Commercial drivers can face this issue. Luckily, our car and truck coverage can pay for injury and property damage to the other motorist. This method also covers losses caused by your driver.
There are also instances where your driver can experience slick roads. This scenario can be particularly dangerous if the company vehicle is an eighteen-wheeler truck. Can you imagine driving an eighteen-wheeler and skidding off the road? It can be hazardous. Not to mention, the cargo towed behind you can flip over. In the case of this event, we have collision coverage policies. The policy can still help your driver if the damage is repairable or if it’s a total loss. Commercial auto insurance can protect your fleet of company cars, trucks, vans, or other vehicles.
What about situations out of your control? In these cases, we offer comprehensive auto insurance. If your company vehicle experiences damages from weather, we assist with costs for the repair. For instance, hail may crack the vehicle’s windows, or an object might fall on your car due to high winds. Anything can happen, especially in an area like Texas. We experience climate changes all the time that can result in us being unprepared for the day. When these situations occur, we do everything in our power to aid you in any unexpected case the weather causes to your company vehicle.
The Agency Who Cares About You
If you’d like to stop by and see what we’re all about, find us at 21430 Provincial Blvd. Katy, TX, 77450. We’re open Monday through Friday and available on weekends through appointment only. Caring about our different customers’ situations is why we’re here. We want to help you get insured with any problem you might find yourself in with life. Making sure you get to do your daily routine while being protected is why we’re in this industry. If your business needs protection, don’t hesitate to contact us. Let us be your errors and omissions insurance real estate company.