Texas professional liability insurance is designed to cover the cost of defending your company in a civil lawsuit even if the legal action turns out to be groundless under a covered peril. Even if the lawsuit is baseless your business still has the obligation to defend a lawsuit which can be very costly. Professional liability insurance is required for certain kinds of professional practices, insurance, technology, medical, and legal, where it is more commonly called malpractice insurance. ConXis Insurance Services wants to remind you that professional liability protection is not part of your general liability insurance.
Businesses hire professionals to offer advice and counsel in areas that they need help with. Consequently, the professionals they hire are expected to have extensive technical knowledge or training in their particular area of expertise. These hired professionals are also expected to perform the services for which they were hired, according to the industry standards of their profession. If these advisors fail to perform either actually or perceived to the degree of skill expected of them, they can be taken to court for any real or perceived harm they caused to another person or business. ConXis Insurance Services understands this and realizes that people can make mistakes and alternatively we live in a litigious society some people are just not satisfied no matter what you do. Let us help you with a Texas professional liability quote.