Errors & Omissions Insurance
Errors & Omissions Insurance for Professional Services
Protection for Advice, Services, and Deliverables
Errors and omissions insurance, often called professional liability insurance, is designed to respond when a client alleges your work caused them a financial loss. Even when you've done nothing wrong, defending these claims can be expensive and disruptive.

Crump Management helps businesses across Plano, North Dallas, and throughout Texas structure E&O coverage that aligns with how they actually operate-so disputes don't derail your work or your finances.
What Errors & Omissions Insurance Typically Covers
While coverage varies by policy and profession, E&O insurance commonly addresses allegations involving:
E&O coverage focuses on financial harm, not physical injury or property damage.
Professional errors or mistakes
Missed deadlines or incomplete services
Negligence or failure to perform as promised
Misrepresentation or inaccurate advice
Defense costs tied to covered claims
What E&O Usually Does Not Cover
Understanding exclusions is just as important as knowing what's included. E&O policies typically do not cover:
Bodily injury or property damage
Intentional wrongdoing or fraud
Employment-related claims
Certain contractual liability unless specifically endorsed
Claims outside the covered professional services
This is why E&O is often paired with other policies rather than treated as standalone protection.
E&O vs. General Liability - What's the Difference?
General liability insurance focuses on third-party injuries and property damage. Errors & omissions insurance focuses on professional services and advice.

If your business provides consulting, design, analysis, recommendations, or specialized services, general liability alone usually isn't enough.
Understanding Claims-Made Coverage (Plain English)
Most E&O policies are written on a
claims-made basis, meaning:
The claim must be made while the policy is active
Proper reporting timelines matter
Prior acts dates can limit or expand coverage
We walk through these details clearly before coverage is bound so there are no surprises later.
How We Quote Errors & Omissions Insurance
Our process is structured to reduce delays and improve outcomes:
We review your services, contracts, and risk profile
A focused intake captures what carriers actually need
Options are compared and explained clearly
Coverage terms and tradeoffs are documented before binding
This approach helps avoid coverage mismatches and speeds up underwriting.
Common Real-World Scenarios
A consultant is accused of providing incomplete recommendations that led to a client loss
A service provider misses a deadline tied to contract penalties
A client alleges deliverables failed to meet agreed specifications
E&O insurance is designed to respond to allegations-regardless of whether the claim ultimately has merit.
Serving Plano and Businesses Across Texas
We work with professionals throughout Plano, North Dallas, Collin County, and across Texas-including businesses operating in Legacy West, Shops at Legacy, and along the US-75 and DNT corridors.
Get Contract-Ready Coverage With Confidence
If your contracts reference professional liability-or you want to avoid finding gaps after a claim-now is the right time to review your options.
