Directors & Officers Insurance
Directors & Officers Insurance is a great policy to carry if you own a business. Often referred to as D&O Insurance, this coverage protects the personal assets of corporate directors and officers as well as their spouses in the event they are sued personally by an employee, vendor, competitor, customer or other party.
There are a wide variety of instances in which D&O insurance can protect you. Some of those include:
- Breach of fiduciary duty that results in a financial loss or bankruptcy
- Misrepresentation of company assets
- Fraud
- Conflict of interests
- Stealing intellectual property
- Poaching competitors customers
- Negligence in duties
Who Needs Directors & Officers Insurance?
Directors and officers (D&O) liability insurance covers directors and officers and/or their company or organization should they be sued.
Why You Should Have D&O Insurance
D&O Insurance will protect you and your company by covering legal fees, settlements and other costs associated with the risk. Note that illegal acts or illegal activities are generally excluded from D&O coverage.
Is D&O Insurance Expensive?
The cost of D&O Insurance varies depending on several factors including, the type of business you run, your revenue, the amount of coverage you need and what coverage you opt-in for. The best way to find out what your premium will be is to ask a licensed agent in our office to provide you with some quotes from several of the top insurance companies.
Get Your D&O Quote Today
Our licensed staff is ready to help you get multiple quotes for your Directors & Officers Insurance. Because we’re an independent insurance agent we can shop from multiple insurance companies to help you find the right coverage at the right price.
Call Hirsch Insurance Brokerage in Houston, TX to get a quote on a Directors & Officers policy.
Hirsch Insurance Brokerage has the knowledge, resources and industry relationships to build an insurance solution that meets the unique needs of each of our clients. We offer our exceptional service guarantee combined with a vast selection of Professional Liability (E&O) Insurance products to meet your business needs. Our products offer broad coverage and competitive premiums to ensure we are staying ahead of our competition while putting our clients first. Remember, not all E&O policies are created equal and neither are the insurance carriers. Let our experience make the difference for your business.
We contacted Zach Hirsch for our Professional Liability insurance policy and he exceeded our expectations with excellent communications throughout the process and a broader coverage package. I highly recommend Zach.
I own an insurance agency and bought my E&O from Zach Hirsch. I highly recommend him and am thankful that I do not have to be both “patient and physician” for my own account. Thanks for being an insurance agent’s insurance agent, Zach!
My firm recently used Hirsch Insurance Brokerage to purchase professional liability insurance. Not only was Zach knowledgeable and very easy to work with, he also found us the best rate for the coverage we needed. I would highly recommend Zach to anyone looking for professional liability coverage.