Professional Liability Insurance in Wichita Falls, TX
Why Professional Liability Insurance Matters in Wichita Falls
General liability insurance protects against bodily injury and property damage — but it doesn’t cover claims of negligence, bad advice, or professional errors. For service providers, one dissatisfied client or mistake could lead to a costly lawsuit.
That’s where professional liability insurance (also known as
Errors & Omissions or E&O insurance) comes in. At Montoya Insurance Group, LLC, we help Wichita Falls professionals safeguard their businesses from negligence claims and lawsuits that general liability policies won’t cover.
What Our Professional Liability Insurance Covers
Our policies protect your business from:
- Negligence Claims – When your services fail to meet expectations.
- Misrepresentation – Coverage if clients claim false or misleading information.
- Violation of Good Faith & Fair Dealing – Legal claims tied to unmet obligations.
- Inaccurate Advice – Protection if recommendations or professional guidance cause client losses.
- Errors & Omissions – Financial protection for mistakes made during your work.
- Defense Costs
– Covers attorney fees and court expenses, even if claims are groundless.
Common Add-Ons & Options
We help Wichita Falls businesses customize coverage with:
- Industry-specific endorsements (medical, legal, financial, real estate, IT)
- Higher policy limits for high-risk professions
- Combined liability packages for cost savings
- Coverage for independent contractors or consultants
Who Needs Professional Liability Insurance in Wichita Falls?
This coverage is essential for service-based industries, including:
- Medical & Legal Professionals – Doctors, lawyers, and healthcare providers.
- Financial Advisers & Accountants – Protecting against advice and service errors.
- Contractors & Repair Services – For mistakes in construction, repair, or installation work.
- Real Estate Professionals – Brokers and agents providing client guidance.
- IT & Technology Providers – Protection for errors in software, systems, or consulting.
Local Risks to Consider
- Service-Based Economy – Wichita Falls has a growing number of professionals in healthcare, legal, real estate, and financial services.
- Rising Litigation Costs – Even small businesses can face expensive lawsuits from unhappy clients.
- High-Risk Professions – Contractors and consultants may face liability for work that doesn’t meet client expectations.
FAQs – Professional Liability Insurance in Wichita Falls
Is professional liability insurance the same as general liability?
No. General liability covers bodily injury and property damage. Professional liability covers mistakes, negligence, or bad advice.
Is E&O insurance required in Texas?
Some industries (like real estate and financial services) may require it, while others strongly recommend it.
How much professional liability coverage do I need?
It depends on your industry and risk level. We’ll help you determine the right amount for your business.
Can professional liability be bundled with other coverage?
Yes. Many businesses pair it with general liability or a business owner’s policy (BOP).
Do you provide bilingual service?
Yes. Montoya Insurance Group, LLC proudly serves Wichita Falls professionals in both English and Vietnamese.
Protect Your Professional Reputation
Get the Right Professional Liability Insurance in Wichita Falls, TX
At Montoya Insurance Group, LLC, we know your reputation is everything. Our professional liability policies help protect Wichita Falls business owners and professionals from costly lawsuits and claims, so you can focus on serving your clients with confidence.