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325.695.0222

Professional Liability in Abilene and San Angelo, TX

Mistakes Happen

In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.

At CBS Insurance, LLP, we understand that mistakes happen. That is why we are committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.

What Does Professional Liability Cover?

While it is important for your business to have general liability coverage for property damage and bodily injury, CBS Insurance, LLP recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties, or even internal sources.

From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:

Errors and Omissions Liability (E & O) – E & O covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.

Directors and Officers Liability (D & O) - Having financial protection for your business’ Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.

Fiduciary Liability - Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of ERISA, having the right coverage can protect your company if held liable in situations from imprudent investments to failure to enroll employees.

Employment Practices Liability - With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination.

Contact a representative with CBS Insurance, LLP today to prevent mistakes and errors from becoming major losses for your business.

 

Our Location

CBS Insurance

3005 South Treadaway
Abilene, TX 79602
Main office: 325-695-0222
Toll free: 800-588-3124
Fax: 325-695-0228

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

CBS Insurance has been our insurance agent for ten plus years. With all the problems and complexities in the oil business, it has been a relief not to worry about whether we have enough insurance coverage or whether we were wasting money on coverage that we did not need. While some businesses have had to close their doors due to increasing insurance costs, CBS has worked hard to keep our costs under control. CBS Insurance has been with us through the good times and the bad times. When we had to have an answer today, we got it today. Their honesty and loyalty shown to us through the years have helped to create not only a good business relationship, but also a great friendship that only comes from someone always being there for you. To be successful, you have to surround yourself with good people. CBS Insurance is in that category and they have contributed to our success over the years. They have been a constant for us in an ever-changing business.
- Mike Evans - VP Sharp Image Energy, Inc. - Big Spring, Texas
CBS has handled our insurance needs for many years. The knowledge of the experienced staff is invaluable. When we call with a question or a request, we are always attended to promptly with a personal reply from someone who knows our needs and our name. We truly appreciate the friendly service we continually receive.
- Bud Darby - WIMSCO, Inc., Nation Wide Products - Abilene, Texas