Professional Liability Insurance in Dallas, TX
Protecting Your Professional Reputation
At The Thumann Agency, we help Dallas professionals protect the reputation they’ve worked hard to build with the right professional liability coverage. We’ve been helping to protect Dallas for over 28 years, and we’ll make it easy to understand your options, match your contract requirements, and move quickly when you need proof of insurance.
Professional liability is also known as Errors & Omissions (E&O) coverage - we’ll help you choose what fits your work.
Why We Stand Out
Choosing the right insurance agency can make a real difference when your work is being questioned. Here’s what you get with The Thumann Agency:
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Trusted Risk Advisors
You get straight answers, not jargon - so you can choose coverage confidently and avoid surprises later. -
Local Roots, Real Understanding
We’ve served Dallas since 1996, so we understand the contracts, expectations, and risks local businesses face. -
More Options, Better Value
We shop your professional liability coverage with 80+ top-rated carriers to help you compare pricing, limits, and policy features. -
Proactive Support, Start to Finish
From quick COIs to coverage reviews to hands-on support when it matters - you get a team that consistently goes the extra mile.
Tell us what you do and what your contract requires - we’ll match limits and shop the right fit.
Why Dallas Businesses Trust Us ⭐⭐⭐⭐⭐
Here’s what clients are saying in their 5-Star Google Reviews:
- “Quick, thorough and professional. Highly recommended"
- “They always find great options for me.”
- "Same-day turn around for all of my commercial needs. Telling all my friends!"
What does Professional Liability Insurance Cover in Dallas, TX?
Professional liability insurance in Dallas - also called Errors & Omissions (E&O) insurance - helps protect you when a client claims your professional services caused them a financial loss. That could be an allegation of negligence, an error, a missed detail, or failure to deliver as expected.
Key Protection Features
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Legal Defense Costs
Helps pay attorney fees, court costs, and other defense expenses - often the biggest cost of a claim, even when you did nothing wrong. -
Settlements & Judgments
Helps cover covered damages you may owe if a claim is settled or decided against you (up to your policy limits). -
Errors, Omissions & Negligence Allegations
Protection for claims tied to mistakes in your work, professional advice, or services. -
Missed Deadlines & Failure to Deliver
Helps when a client alleges you didn’t meet the terms of an agreement, timeline, or scope of work. -
Contract-Driven Coverage Needs
Many Dallas professionals buy E&O because clients require specific limits and proof of coverage (COIs) before work can begin.
Optional Coverages That May Be Available (Varies by Profession & Policy Form)
Depending on your industry and the carrier, you may be able to add or tailor coverage for things like:
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certain regulatory/administrative defense situations
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certain media/advertising exposures (ex: allegations related to content)
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certain intellectual property-related allegations (often limited and/or endorsement-based)
Coverage details vary by carrier and policy wording, and some items may require endorsements or may be excluded - this is why reviewing the policy form matters.
Whether you’re a Dallas consultant, accountant, real estate professional, IT provider, or agency, professional liability insurance helps you protect the reputation and livelihood you’ve worked hard to build.
What Is Not Covered?
Professional liability (E&O) insurance is broad, but it isn’t meant to cover every type of business risk. Common exclusions and “not covered” areas often include:
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Intentional wrongdoing, fraud, or criminal acts
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Employee injuries (typically handled by Workers’ Compensation)
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Bodily injury or property damage (typically handled by General Liability)
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Your own business debts, refunds, or normal operating expenses
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Claims reported outside the policy’s reporting requirements (this matters because most E&O policies are claims-made)
Coverage details can vary by profession and policy form. We’ll walk you through what’s excluded and help you build a clean coverage plan - so you’re not guessing and you’re not left with avoidable gaps.
Industries We Serve
Every profession has its own exposure. That’s why we take time to understand what you do, how you deliver services, and what your clients require.
We commonly help Dallas businesses in areas like:
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Accountants & Financial Advisors
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Real Estate Professionals
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Healthcare Providers
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IT Consultants
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Architects & Engineers
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Management Consultants
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Marketing Agencies
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And other professional service businesses
Other Comprehensive Coverage Options
Professional liability is often just one piece of a smart protection plan. Depending on your operations, you may also want:
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General Liability Coverage
Helps protect against everyday business claims like bodily injury and property damage. -
Cyber Liability Coverage
Helps protect against data breaches, cyberattacks, ransomware, and certain privacy-related costs. -
Employment Practices Liability (EPLI)
Helps defend against workplace-related claims such as wrongful termination, discrimination, or harassment.
We’ll help you choose what makes sense for your business.
Professional Liability Coverage vs. General Liability
These two coverages are both important—but they do different jobs.
Professional Liability (E&O) helps protect you when a client claims your services, advice, or deliverables caused them a financial loss (errors, omissions, negligence, failure to deliver).
General Liability helps protect you from physical claims, like bodily injury, property damage, and certain advertising injury claims.
They’re not interchangeable. Many Dallas businesses carry both so they’re protected from professional disputes and everyday liability risks.
For some Dallas businesses, self-insuring certain smaller, predictable costs can be a smart strategy. The key is making sure you’re not self-insuring a loss that could seriously damage your cash flow.
We’ll help you:
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Compare what it really costs to self-insure vs. transfer risk to an insurer
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Identify which risks you can comfortably absorb (and which you shouldn’t)
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Build a balanced plan so you’re protected where it matters most
*Self-insurance isn’t “no insurance” - it’s a strategy, and it needs guardrails.
FAQs: Professional Liability Insurance in Dallas, TX
Is professional liability the same as errors and omissions (E&O)?
In many cases, yes. The terms are often used interchangeably. Professional liability is designed for claims that your services, advice, or deliverables caused a client a financial loss.
Do I need professional liability insurance if I already have general liability?
Often, yes. General liability usually focuses on bodily injury and property damage. Professional liability is for claims tied to your professional services (errors, omissions, negligence, failure to deliver).
How much professional liability coverage do I need?
Most Dallas businesses choose limits based on contract requirements and the size of their client engagements. If a client contract requires specific limits, that’s usually the best starting point.
How fast can I get a COI for a contract?
In many cases, we can move quickly once we confirm your required limits and any certificate wording your client needs. If you have the contract requirements, send them over and we’ll help.
Why do professional liability quotes vary so much?
Pricing can change based on your profession, revenue, contract size, claims history, limits, deductible, and the carrier’s policy form. Two “similar” quotes often aren’t truly the same coverage.
Can I switch carriers without losing protection?
Usually, yes—but professional liability is often written on a claims-made basis, so retroactive dates and tail coverage can matter. We’ll help you avoid gaps when switching.
What’s the difference between professional liability and cyber liability?
Professional liability focuses on claims tied to your services. Cyber liability focuses on things like data breaches, ransomware, and privacy-related incidents.
The Protection You Need, The Service You Deserve
Whether you're signing contracts that require it or simply want peace of mind, our professional liability insurance in Dallas, TX gives you the protection you need - backed by the attentive service you deserve. Our approach is simple: we listen to what matters most to you, because that's what matters most to us.
Last Updated: 12.19.2025
Disclaimer: This information is provided for general educational purposes only and is not intended to be construed as legal advice or as a complete description of available insurance products or coverages. Coverage terms, conditions, limitations, and exclusions vary by state and insurance provider. Not all products, coverages, or discounts mentioned are available in all states, including Texas. The examples and descriptions provided are for illustrative purposes only. For specific information about your insurance needs or questions about coverage, please contact The Thumann Agency directly.
Reviews and ratings mentioned are collected from verified customers and represent their personal opinions and experiences. Individual results may vary. The Thumann Agency is licensed and operates in accordance with Texas Department of Insurance regulations.
