Who Needs Tax Preparer and Bookkeeping Insurance?
Our tax preparer, bookkeeping and accounting insurance coverage can help protect:
- Tax preparers
- Bookkeepers
- Accountants
What Types of Insurance Do Tax Preparers Need?
Common business insurance coverages for bookkeepers, professionals in accounting and tax preparers include:
- A Business Owner's Policy (BOP)
- Cyber Insurance
- Professional Liability
- Valuable Papers & Record Coverage
How Much Does Tax Preparer Insurance Cost?
There are several factors that can influence the cost of your insurance coverage, like your business’:
- Size
- Location
- Claims history
- Number of employees
To learn how much this insurance will cost, get a quote today or call us at 855-829-1683.
Here for You, 24/7
Many clients want to see proof of coverage before they’ll work with you. That’s why we offer an easy way to get your certificate of insurance through our online system.
Data Breach
“Doing taxes means collecting personal data. Of course we have a secured system, but when someone hacked into it, they got away with hundreds of my customers’ private information.”
Cyber insurance helps protect your business from data breaches and theft of personal information.
Unhappy Clients
“A married couple came to us for help filing their taxes. They had various sources of incomes and assets that required a professional’s help. We were detailed with everything we submitted, but a month later we found out they were filed wrong. They owed the IRS thousands, and so of course they sued us.”
Errors and omissions insurance for tax preparers is also known as professional liability insurance. It can help cover legal fees if you’re sued because of errors, omissions or mistakes in your professional services.
Employee Injuries
“Our bookkeeper has been working for our company for 40 years, spending most of her time typing. So, when she was diagnosed with carpal tunnel and told she needed physical therapy, it wasn’t that much of a surprise.”
Workers’ compensation insurance can help pay medical costs for your injured employees. It also gives you a network of over one million healthcare professionals and easy access to prescriptions with over 65,000 pharmacy locations.
Theft
“I had some new computers installed and realized one of the older ones I put in the storage room was missing. I checked the security cameras to see one of my employees loading it into his car.”
Your commercial property insurance can help cover loss of equipment from theft.
Property Damage
“We had a terrible fire that destroyed a few rooms in the office before they could get it put out. Turns out one of my employees left the coffee pot on overnight.”
Your commercial property insurance can help cover lost income while your business is temporarily closed.
Find the Best Insurance for Bookkeeping Businesses
Preparing a client’s tax documents comes with a lot of risk. That’s why you’ll want the right business coverages for your company.