Insurance Risk Management Solutions for Companies & Homeowners

Professional Liability Insurance

Professional liability insurance, also known as PLI, is a type of liability insurance that is used to cover companies in the service or consulting industries. A negligence lawsuit can be devastating to a growing company, particularly if the claim results in monetary damages.

Tower Street Insurance & Risk Management has the skills and ability to assess the risks involved with your Texas utility or consultative-related company to provide adequate compensation through one of our highly regarded insurance providers for customers in DallasMcKinneyAustinHouston, and other cities we serve throughout TexasGive Tower Street Insurance a call at 972-472-2040 for a free estimate or click here to make an appointment today.  

Professional liability insurance can take on different forms or names. Some of the types of coverage included are:

  • Cyber Liability
  • Foreign Liability
  • Liquor Liability
  • Pollution Liability
  • Errors & Omissions

What Does Professional Liability Insurance Cover in DFW, Austin, & Houston?

Professional liability insurance is also known as Errors & Omissions (E&O) insurance. It protects companies who provide technical and personal services such as guidance and advice.

Professional Liability Insurance in DFW

E&O protection covers you in the event that a person or third party is injured as a result of a service or recommendation that you rendered (errors) or did not provide (omissions) for which you are technically responsible. In such cases, a Professional Liability Insurance policy generally covers:

  • Negligence: Alleged mistakes or advice your company makes through professional services provided
  • Defense Costs: Suits against your company regardless of fault

It can also provide coverage for your services that were done in the past. Professional liability is a specialty type of coverage and is excluded from a standard general liability policy. At Tower Street, we specialize in providing Professional Liability Insurance by helping various businesses engaged in providing services and advice like the ones listed below:

  • Attorneys
  • Realtors
  • Property Managers
  • Accountants
  • Builders
  • Designers
  • IT Consultants
  • Travel Agents
  • Car Dealers
  • Mortgage Bankers

Our services are also available to customers in AllenAustinDallasPlanoSan AntonioSouthlakeWestlake, and other cities throughout Texas

Trust Us for Comprehensive Professional Liability Coverage in DFW & Houston

One of the pillars of a successful risk management strategy is having professional liability insurance policies for the business. Tower Street Insurance will assist you in identifying the threats that your company is most likely to face and could cause the greatest vulnerability. For each customer, we design an insurance solution that is specifically tailored to the company. When you need our help in Dallas, Plano, San Antonio, and other Texas cities, give us a call at 972-472-2040 or click here to make an appointment today! Tower Street has lots of positive reviews from our satisfied customers and also offers business insurance policies that cover directors & officersworkers’ compensationcyber liabilitycommercial risk management service, and client advocacy.

 

Client Advocacy

Financial Growth Icon
100

Carriers

Experience Icon
150

Collective Years of Experience

Umbrella Icon
3.5k

Written Policies

Retention Icon
98%

Retention Role

Reviews from Our Satisfied Customers

I love Tower Street and receive the best service from them! They are reliable, caring, and always supportive. Can’t recommend them enough!

- Abby

Chris is a great insurance advisor. He has extensive knowledge of markets, coverages, and risk. I highly recommend him. I wish I had more business to send him.

- Larry

Ashleigh provides a high level of expertise, competency and personal service to all of her clients. You would be crazy not to use Ashleigh for your personal insurance needs.

- Marc

Top Carriers We Carry on Personal & Commercial Lines:

See the Full List of Carriers We Offer