Protect Your Business from Professional Mistakes and Oversights
Even the most skilled professionals can make mistakes.
At Galloway Insurance, we help businesses across Marble Falls, Burnet, Horseshoe Bay, and throughout Central Texas protect themselves against claims of errors, omissions, or negligence with affordable and tailored E&O insurance policies.
Whether you’re offering advice, technical services, or professional expertise, one misstep could result in a costly lawsuit. E&O insurance provides critical financial protection and peace of mind.
What Does Errors and Omissions Insurance Cover?
E&O insurance typically covers:
- Alleged errors, mistakes, or negligence in professional services
- Failure to deliver services as promised
- Miscommunication or misrepresentation claims
- Breach of contract related to professional services
- Defense costs, attorney fees, and court expenses
- Settlement or judgment costs if your business is found liable
Who Needs Errors and Omissions Insurance?
E&O coverage is essential for professionals who provide advice, design, consulting, or technical services, including:
- Consultants (business, marketing, management)
- Real estate agents and brokers
- Financial advisors and accountants
- Insurance agents and brokers
- Architects and engineers
- IT professionals and software developers
- Event planners, photographers, designers
If your business involves helping others make decisions, handling important information, or providing expert services, E&O insurance is a must-have.
Why Choose Galloway Insurance?
- Access to top-rated E&O insurance carriers
- Customized policy designs to fit your industry’s risks
- Fast quotes and local, personalized service
- Affordable protection for small, medium, and large businesses
Our Promise: Insight, Expertise and Relationsip
At Galloway Insurance, we believe in more than just selling policies —we’re here to build lasting partnerships with Texas business owners.
- Insight—We understand your needs.
- Expertise—We understand Insurance.
- Relationship—You will love doing business with us, we care.
- Here to Help—When you call, we answer… When you come by, we’re here.
- Community—We make significant investments in our community because of your choice to do business with us.
Frequently Asked Questions (FAQs)
Is E&O insurance the same as professional liability insurance?
Yes, E&O insurance and professional liability insurance are terms often used interchangeably. They both cover claims related to professional mistakes or service failures.
Is E&O insurance required in Texas?
While not legally required for all industries, many licensing boards, clients, and contracts require proof of E&O coverage before doing business.
What professions most commonly need E&O insurance?
Consultants, real estate professionals, insurance agents, accountants, IT service providers, and marketing professionals are among the top groups needing E&O coverage.
Does general liability insurance cover professional mistakes?
No, general liability insurance covers bodily injury and property damage — it does not cover financial losses caused by professional services. E&O insurance fills that gap.
How much does E&O insurance cost in Texas?
Premiums depend on your industry, company size, annual revenue, claims history, and coverage limits. Galloway Insurance can help you shop competitive rates.