Errors and Omissions coverage is a necessity for your agency and is required by the Department of Insurance for all licensed insurance agencies in Texas.  Insurance Agents E&O coverage is designed to provide professional liability coverage in the event of client accusations of negligence or inadequate work performed by the agency.  This may not seem likely, but it is rare to come across an agency that has never had a claim. 

Proper E&O coverage could be the difference between your agency’s continued success or failure post-claim.  For instance, too low a limit or the wrong policy language could create costs too large to sustain the continuance of your agency.