Errors and Omissions Insurance in Texas

  • Compare quotes in minutes, with no obligation to buy
  • Buy online and receive coverage confirmation – instantly
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

BizInsure insurance partners

What is Errors and Omissions insurance?

According to the U.S. Small Business Administration, there are around 3.1 million small businesses in Texas and these small businesses makeup 99.8% of all businesses within the state. Small businesses that provide professional services or give advice to clients should consider purchasing Errors and Omissions insurance in Texas.

Errors and Omissions insurance is commonly known as professional liability insurance. This is a special type of insurance policy that protects you and your company against third party lawsuits as a result of a professional error or negligence. Even if you have years of experience in the industry, there is still a chance that you might make a mistake in your professional capacity. And this error could have a big financial impact on your business.

Take for example you offered a professional service that did not suit your customer. They suffered personal and financial damages after using your offering. As a result, the customer initiates a lawsuit against your company. In such a situation, an Errors and Omissions insurance policy can help you meet expenses incurred while defending your company.

What does Errors and Omissions insurance cover?

The following aspects are covered under Errors and Omissions insurance in Texas:

  • Actual or alleged negligence: The policy protects your business against both actual and alleged claims of errors and omissions that may have occurred while providing professional services.
  • Legal and defence expenses: All legal expenses incurred while defending your company such as lawyers’ fees, documentation and underwriting charges, and administrative costs are covered by Errors and Omissions insurance.

These aspects are not covered by Errors and Omissions insurance in Texas:

  • Illegal acts
  • Intentional malpractice
  • Known claims and circumstances
  • Fraud and dishonesty
  • Property damage

Who needs Errors and Omissions insurance?

Professionals and businesses that provide professional services such as giving advice, making educated recommendations, designing solutions or representing the needs of others all have errors and omissions liability exposure. Errors and Omissions insurance can safeguard your professional reputation, profitability, and business assets from the potentially astronomical expenses of litigation (whether justified or not).

Here are examples of professions that need Errors and Omissions insurance:

Architects Notary Publics 
Consultants Real Estate Agents
Engineers  Publishers
Home Care Providers and Businesses Accountant

How much does Errors and Omissions insurance cost

The cost of Errors and Omissions insurance is influenced by many factors; therefore, it is hard to predict the exact cost of your insurance. On average, the yearly cost of E&O insurance for small businesses in Texas is around $894.

The following factors might have an impact on your Errors and Omissions insurance premium:

  • The type of your occupation – some professions are inherently riskier than others from an insurance standpoint. The riskier the occupation, the higher the cost.
  • Your business turnover and size – bigger sales mean that the company either undertakes larger projects or has more projects by volume. Both of these situations contribute to either a larger lawsuit or a higher risk of being sued.
  • The amount of insurance coverage you require
  • The individuals being covered – are they qualified for the job they are performing, and do they have a previous history of claims

Get instant quotes

Learn more about E&O insurance in the states where you work.

Alaska
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois

Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana

Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania

Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

As with any insurance, coverage will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this guide is general only and should not be relied upon as advice. The number of quotes provided varies between products, occupations and other underwriting factors determined by the insurers.
© Copyright 2023 BizInsure LLC, 2015 ALL RIGHTS RESERVED BizInsure LLC; CA DBA: Simple, Smart, BizInsure Insurance Agency LLC; NY DBA: BizInsure Services LLC; NH DBA: Simple, Smart, BizInsure Insurance Agency; PA DBA: BizInsure Services LLC. 2950 Buskirk Ave Suite 300, Walnut Creek CA 94597. License #0H81929
Safari T.
That was real quick approval and getting covered
Cornelius C.
Easy and affordable! Now my business can operate and fully function
Paula P.
Renewing each year is easy and the cost is reasonable.
Lisa L.
Very helpful with answering unusual questions that I had, and helping to guide my decisions.
romey C.
No I sure has been a great fit and easy to work with!
Steffen R.
Competent and friendly Organization.
Cortlin Y.
Friendly staff. Quick and easy.
Gershom Leaping L.
Easy process, great service!
Mike O
Andrea was very useful and professional. I will be recommending Biznsure to my friends that need business insurance. Keep up the good work. I wish the agency also offers auto insurance and whenever you do I will be one of the first to sign up as sign of my appreciation.
Mike Okonkwo.
Sherry S.
Thank you for your professionalism and patience and helpfulness with my insurance needs for my new business. Thank you, Lizette, as well for all of your help - you are sincerely appreciated and you are an asset to BizInsure LLC!
FEEDBACK: In my personal opinion, your telephone customer service needs to be improved. Whomever basically and initially answers the phone calls lately needs a new headset, honestly. I know you record all of your calls; however, listening skills truly needs to be improved also, IMO and if I ask someone to please take a message, and they tell me they are going to do so, then follow through and send that message to the main person I'm trying to reach. I have had difficulty getting back to the "exact" insurance agent with whom I've been working with and it's been a bit frustrating handling this current 2025-2026 renewal.
Roriley 1.
BizInsure has always been a necessary and important business resource.
Tiffany G.
I spent several hours comparing quotes and itemized coverage options from multiple agencies, and BizInsure LLC came out on top. The process was fast, the pricing was competitive, and the experience was refreshingly straightforward. I’m looking forward to a continued, stress-free partnership with BizInsure.
Amir B.
Details have changed for the AIDS eoimric. Toda,y , they do not get it thru casual intraction, that's why the death rate is almost exceptable at low rate.
Ricardo G.
Pleasant, efficient and reasonable/
Jasmine G.
Reasonable affordable
Jennifer W.
Very easy to move through
Rachel U.
The website was easy to navigate on my own, sect and pay the policy in less than 30 minutes. The agent followed up with a phone call to answer any questions that I may have. Jasmine was professional.
Douglas R.
Andrew made the process smooth and easy.
I wish there were more Andrew's working in this business.
Marsha
My agent Jazmine is the "Best," she explained everything thoroughly and provided my company with what I think is The Best insurance Rate!
EBONY W.
Savannah is absolutely awesome! She took the time to thoroughly explain the policy from page 1 to 77, making sure I understood everything. What I appreciated most was that she really listened and understood exactly what I was talking about. Friendly, professional, and with a great attitude, Savannah made the process easy and clear. I’m confident I’ll continue to use BizInsure because of her excellent support!
Dywonne H.
I couldn’t be happier with my experience using BizInsure. The process of comparing and purchasing coverage was quick, straightforward, and completely stress-free. Their platform made it easy to understand my options, and I was able to find a policy that fit both my needs and my budget within minutes.

A special thank you to Cherice Williams, who helped me with my purchase. She was patient, knowledgeable, and made sure I understood every detail before committing. Her professionalism and friendly attitude made the entire process even smoother.

Thanks, Haynes
Victor H.
Excellent Service
Andy A.
Reasonable prices and the sign-up online is very straightforward.
Lotanga J.
The agent was very knowledgeable and was very quick in handling my request.
Bernard K.
USER FRIENDLY AND EASY
Dave D.
I’ve been with Bizinsure almost 10 years without any issues
Skin U.
Andrea was very helpful, patience and nice with explaining everything

Popular Searches