Did you know that the leading cause of claims for smaller accounting firms results from tax-related professional services?
In fact, well over half of all professional liability claims made against accountants are derived from improper tax advice and from filing errors. Why does accountants professional liability insurance
make sense for you and your firm? Let’s share some of the misconceptions:
I don’t need insurance. I do only tax work. I don’t perform any audits. Accountants who do audits have all the claims. There is no other way to say it – this is just not true.
If I buy insurance, it just makes me an easy target for lawsuits. There is little evidence to support the notion that attorneys are less interested in pursuing cases if you don’t have insurance, but why would you want to gamble your very livelihood on this notion?
It’s too expensive to buy insurance – I just can’t afford it. Is ½% to 1% of your firm’s annual revenues really too much to pay for peace of mind?
We understand the needs of smaller firms, and have designed a streamlined and simplified application process that allows you to spend more time focusing on running your business, not on filling out paperwork. See for yourself just how simple it is to get a professional liability insurance quote
and get the coverage that your firm requires – and at a price that’s right for your level of risk and your budget.