Are you still looking for Katy Texas Errors and Omissions Insurance? Texas Insurance Agency can help you find the right policy for your business. Our team makes sure clients feel heard, and their needs are met. You won’t have to talk to a robot or a person thousands of miles away. Instead, you’ll get an actual person who will be happy to work with you.
We want what is best for your business, and commercial insurance is the best way we can provide that. We offer numerous types of commercial insurance that will provide financial security for business owners. Errors and omissions (E&O) insurance help protect your business from mistakes made with clients’ money.
This insurance and many other types of commercial insurances will give business owners a sense of security, unlike other features. Our independent insurance agency offers 12 different insurance providers that have various policies that you can choose from. Our agency also offers other insurances such as life, boat, flood, and auto insurance. However, business owners will find comfort in our commercial services.
Errors and omission insurance is a great way to protect your business from mistakes made by employees. Lawyers, architects, real estate agents, and accounts are just a few professions that would benefit from this insurance. It is always possible to make a mistake, so it is important to protect yourself from potential financial loss.
Errors and Omission Insurance
We have told you how crucial E&O insurance is, but we haven’t said what exactly it is. Well, errors and omission insurance is also known as professional liability insurance. Its purpose is to protect businesses from mistakes made with a client’s money, which resulted in its loss. This insurance will protect businesses from lawsuits and large financial loss that could be detrimental.
Businesses that offer services directly to clients should consider this type of insurance. Mistakes happen, and it is important to have a plan when those mistakes cause significant problems. No one wants to lose money, so secure this insurance today.
When securing this insurance, you want to have in mind the retroactive time frame. Most policies will only cover a certain amount of time before the issue occurred. The claim that is filed could not be covered if your policy does not go back as far as the mistake. So, be sure to get a policy that goes as far back as possible.
Does My Profession Need E&O Insurance?
You may be curious if your career prompts you to have error and omission insurance. Well, the list below will show the jobs that should heavily consider this type of insurance. Accountants are an obvious choice because they work directly with clients’ money so they should protect themselves in some way.
- Tax Preparers
- Home Inspectors
- Real Estate Agents
- Technology Professionals
Each of these professions features areas where a small mistake could result in a major financial loss. Protect your business and employees by purchasing professional liability insurance from Texas Insurance Agency.
Additional Commercial Insurance
Errors and omission insurance is only a small fraction of commercial insurances. Many other types provide the same safety for different claims. These different insurances should be considered for your business because they can provide an improved safety net for your company. Furthermore, some of these insurances help your employees who are another crucial part of your business.
Commercial Property Insurance
For a person to have started their own business, they have had to spend a lot of time, money, and resources to start it. For those reasons, business owners need to protect their business with commercial property insurance. Property insurance is important for businesses because it provides several benefits for many different scenarios.
Texas Insurance Agency knows you can’t control the weather, which can have a great effect on your business. Commercial property insurance will help you cover expenses caused by fires, lightning strikes, and storms. However, flooding is not covered by this policy. Flooding is considered a different insurance type and should also be considered for businesses in high-flood areas.
Additional coverages include damage from vehicles, aircraft, burglaries, theft, vandalism, and other emergencies. These situations can cause significant issues if an insurance policy does not cover you. That is why business owners need to lock down a policy with Texas Insurance Agency today.
Worker’s Compensation Insurance
Another type of insurance that should be purchased from all businesses is worker’s compensation insurance. This insurance protects you and employees when they are injured or contract a disease from work. Worker’s compensation covers medical bills and rehabilitation costs to get the employee back on their feet. Businesses need worker’s compensation, or they will be hit with massive bills for the employee. If the business does not have insurance, then a lawsuit could also greatly affect its finances.
Worker’s compensation also covers paid benefits to the next of kin in case of a death, lost wages, legal fees related to a lawsuit, and economic loss compensation. These features help protect your business if an employee is injured on the job. Worker’s compensation is perfect for construction, factories, coal mines, restaurants, and many other industries.
Texas Insurance Agency covers many insurance types for businesses. We went into great detail about a few in this article, but there are so many left undiscussed. These insurances are created to protect the business financially and the employees in some cases. Below, you will find a list of other coverages that will help your business.
- Commercial Liability
- Commercial Umbrella
- Builder’s Risk and Bonds
- Commercial Auto
Call Us Today for Katy Texas Errors and Omissions Insurance
If you are interested in protecting your business from great financial loss, then give us a call at (281) 398-1010. One of our friendly insurance agents will work with you to find the right provider and policy for your situation. You can visit our website to find more information about our agency and services. Let Texas Insurance Agency find the correct Katy Texas errors and omissions insurance for you.
Fun Facts about Katy
- Katy has several museums that honor the city’s history, heritage, and the country’s veterans.
- Katy has ten parks, including Heritage Park, best known for its restored buildings.
- You can take a walking or driving tour of over a dozen historic homes and buildings downtown.
- Find more fun facts about Katy here.