Directors & Officers Insurance in Temple, Texas

What Is Directors & Officers Insurance?

Directors and officers insurance—commonly called D&O—protects company leaders from personal liability when they're sued for decisions made in their management roles. Board members, executives, and managers can be held personally responsible for alleged mismanagement, breach of fiduciary duty, or regulatory violations. For Temple corporations, nonprofits, and private companies, D&O coverage protects leadership and enables decisive action without fear of personal financial ruin.

Winkler Insurance helps Central Texas organizations find D&O coverage that protects their leadership teams.

Why Temple Organizations Need D&O Insurance

Leadership decisions create liability exposure. Here's why D&O coverage matters:

• Personal assets are at risk. Directors and officers can be sued personally for management decisions.


• Lawsuits come from many sources. Shareholders, employees, regulators, vendors, and competitors all bring D&O claims.


• Defense costs are substantial. Even unsuccessful claims cost thousands to defend.


• Nonprofits need coverage too. Board members of nonprofits face the same liability exposure as corporate directors.


• Attracting talent requires it. Qualified directors often won't serve without D&O protection.

What Does D&O Insurance Cover?

D&O policies typically include three coverage parts:

Side A Coverage
Protects individual directors and officers when the company cannot indemnify them—typically in bankruptcy situations or when indemnification is legally prohibited.

Side B Coverage
Reimburses the company when it indemnifies directors and officers for covered claims.

Side C Coverage
Covers the organization itself for securities claims—primarily relevant for public companies but increasingly important for private companies.

Employment Practices Liability
Some D&O policies include or can add coverage for employment-related claims like wrongful termination or discrimination.

Who Needs D&O Insurance?

Any organization with a board of directors or management team should consider D&O coverage:

• Public corporations


• Private companies


• Nonprofit organizations


• HOAs and condo associations


• Credit unions and financial institutions


• Healthcare organizations

How Much Does D&O Insurance Cost in Texas?

D&O premiums depend on your organization's size, industry, financial condition, and claims history. Temple small businesses and nonprofits typically pay $1,000 to $5,000 annually for adequate coverage. Larger organizations, public companies, and higher-risk industries pay more. Winkler Insurance compares D&O quotes from specialized carriers to find competitive rates.

Why Work with Winkler Insurance?

Since 2006, Winkler Insurance has helped Central Texas organizations protect their leadership teams with D&O coverage. As an independent agency, we work with carriers specializing in management liability. Our Temple agents understand D&O policy structures and help you choose coverage that fits your organization's needs.

Get a Directors & Officers Insurance Quote in Temple, Texas

Our D&O insurance agents serve Temple, Texas and surrounding areas including Belton, Harker Heights, Killeen, Copperas Cove, Troy, Waco, Round Rock, and Cameron. Contact Winkler Insurance today for a free quote.