Professional liability insurance for accountants
Accountants tend to be meticulous and take great care in their work. Most mistakes are caught quickly, but some errors could prompt unhappy clients to take legal action that may cost thousands of dollars to defend.
Professional liability insurance, also known as errors & omissions coverage, provides protection for defense costs and settlement payments for allegations that your firms’ work or advice was inadequate, contained errors, or failed to meet specifications.
Our Accounting Professional Liability Program offers broad protection for a wide range of accounting professionals, including bookkeepers, tax preparers, investment advisors, personal fiduciary or trustee service advisors, arbitrators, enrolled agents, and notary publics, and many more. Our Accounting Professional Liability Program provides flexible coverages that can be tailored to meet the needs of your firm—and it’s designed to keep up with growing firms.
We understand your specific risks and challenges and specialize in defending Accounting professionals. Our agents, risk managers, and claims professionals have the expertise to help tailor coverage to meet your needs. We offer robust Risk Solutions for accountants, including a dedicated risk management hotline to help you avoid losses.
Our Accounting Professional Liability Program provides superb protection along with a variety of customizable options. We will tailor coverages to meet your unique needs.
Expert claims and risk management services
Our program’s risk management services set up apart from other options in the marketplace. We firmly believe the best way to reduce claims expenses is to avoid them altogether. That’s why our risk management experts are there for you. Our confidential hotline is staffed by lawyers and experienced accounting-claims professionals. You can rely on the hotline to discuss best practices and concerns about potential claims.
Engagement letters are a powerful tool in defending yourself from claims. We can help you draft a strong engagement letter clearly laying out the scope of services being provided.
Additional Protection That Offers Peace of Mind
We offer a comprehensive suite of insurance products to protect your business from risks along with many other endorsement options:
- Business Owner’s Policy for Accounting Firms
- Commercial Automobile
- Commercial Umbrella
- Workers’ Compensation
Feel free to reach out to: Chad@PriemCo.com 503.683.2608