Professional Liability for Tax Preparers and Enrolled Agents
Great Rates, Great Service, Great Coverage
Need low-cost coverage fast?
Tax season is coming. Have you secured your professional liability insurance coverage?
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 the $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 |
What Is Professional Liability Insurance, and Why Do I Need It?
Suppose one of your clients is shocked to receive a hefty tax bill, and decides you're the one to blame? Or, what if a client is audited by the IRS and mistakes are found in his return? In either instance, whether you're at fault or not, you could face a client lawsuit, steep legal bills and the threat of financial loss from paying any settlement required by a court.
Professional liability insurance, also known as "errors & omissions" insurance, covers your legal defense if your client makes a claim against you, as well as any damages you're legally obligated to pay to your client caused by your alleged negligent or improper advice, or other errors or omissions in your tax preparations. Learn more...
A Single Source for All Your Small Business Insurance
In addition to professional liability insurance, Business Insurance Now provides quick, efficient access to a complete package of low-cost insurance products and services designed to meet the risk management needs of tax preparers and enrolled agents:
- Business liability insurance package policy. Often called a Business Owner's Policy or "BOP," a general liability package policy protects your company should a client be injured on your premises, or if you or an employee causes an injury or property damage at a client's location. General liability coverage included in a business liability insurance policy meets landlords' requirements that their tenants carry business premises liability insurance. Learn more...
- Workers' compensation insurance. Required in many states, workers' compensation insurance provides medical and disability coverage for your employees in the event of a work-related injury or illness. The employers' liability component of most workers' compensation policies protects your company should an employee file a lawsuit that claims that your company's negligence caused his or her work-related illness or injury. Learn more...
- Umbrella Liability Insurance. Umbrella or "excess liability" insurance covers claims that exceed the amount covered by your general liability policy. It may also add coverage to your commercial auto policy and to the employers' liability coverage on your workers' compensation policy. Coverage is triggered when claims exceed the underlying insurance. Learn more...
Apply For Coverage Today
Business Insurance Now provides fast service, accurate insurance information and access to quality insurance products at amazing low rates. 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 tax business today.
