Professional Liability for Accountants & Bookkeepers
According to the old saying, "nothing is certain but death and taxes." Add to that list unhappy taxpayers. Accountants inevitably take on clients who feel they end up paying an inordinate amount in taxes. Some disgruntled clients take out their wrath in the form of a lawsuit or claim against their accountant. They insist that the accountant’s negligence and incompetence are the cause of their oversized tax bill -- or the reason they are being audited by the IRS. The threat of such claims is a major reason why you need comprehensive insurance protection.
Get the Professional Liability / Errors and Omissions coverage you need at a price you can afford.
Premium estimates below are for individuals and small firms with less than $100,000 annual revenue.
| Estimated Cost | Coverage Amount |
|---|---|
| $300 per year | $100,000 per occurrence |
| $400 per year | $250,000 per occurrence |
| $500 per year | $500,000 per occurrence |
| $650 per year | $1,000,000 per occurrence |
Business Insurance Now provides instant access to a complete package of insurance products and services designed to meet the risk management needs of accountants, bookkeepers and tax preparers. We make it easy for you to get the insurance coverage your small business needs -- quickly, efficiently and affordably.
Let us help you find and bind any of the following coverages:
- Business Liability Insurance Package Policy. Often referred to as a Business Owner Policy or "BOP," this General Liability package policy protects your company in the event a client is injured on your premises, or if you or one of your employees causes an injury or property damage at a client's location. Learn more...
- Professional Liability Insurance. Professional Liability or "Errors & Omissions" Insurance provides coverage in the event you are legally obligated to pay for economic damages to your client or a third party caused by your alleged negligent or improper advice -- or other errors or omissions in your tax preparations. Learn more...
- Workers' Compensation Insurance. Required in many states, Workers' Compensation Insurance provides medical and disability coverage for company employees in the event of a work-related illness or injury. Learn more...
- Employment Practices Liability Insurance. EPLI insurance provides the protection you need should one of your employees allege any number of employment practice violations. These violations include age, race or gender discrimination, wrongful termination and sexual harassment. EPLI is essential coverage in today's litigious workplace. Learn more...
- Umbrella Liability Insurance. Umbrella or "Excess Liability" Insurance provides you with an extra layer of protection in the event you have large or multiple claims that exceed your General Liability, Commercial Auto or Employment Practices Liability policies. Learn more...
Our Business Insurance Now Website is designed to provide you with accurate insurance information and access to quality insurance products, quickly and securely. Let us help you create a comprehensive insurance solution that fits your needs and your budget.
Don't wait! Get the protection you need for your small business today.
