Accountants E&O Insurance
Certified Public Accountants, or CPAs for short, require a special kind of professional liability insurance to protect them against allegations of malpractice, negligent misrepresentation, securities fraud, breach of fiduciary duty, and faulty business valuation. Accountants and their firms are at a high risk of scrutiny due to the nature of the business they conduct. Accountants handle a lot of money for their clients and offer a lot of advice in money management and tax reporting to the IRS. Associated lawsuits can be costly, causing devastating financial losses and blows to your reputation.
That’s why you need a solid plan of attack under your belt. Here at The Kerr Agency, we offer that peace of mind through “Accountants E&O Insurance”. The fact of the matter is that liability claims don’t always result from negligence on your part; rather, they stem from unrealistic client expectations. We work frequently with professionals just like you: CPAs, general accounting firms, tax professionals and financial planners. Seek us out for comprehensive Accountants E&O Insurance, Accountants Professional Liability insurance, or CPA insurance today. We have a variety of coverage options we can go over with you in detail.
Our plans are designed to meet the unique needs of CPAs that go beyond the traditional and into the diverse. Our team is happy to customize your coverage by presenting you with optional coverage forms, limits and deductibles, whether you’re a small business just starting out or a well-established one. Our risk management resources are second to none here at The Kerr Agency.
Accountants E&O Insurance – Small firms especially Benefit…
Having Accountants E&O Insurance as part of your total professional liability insurance package will ensure payment, including defense costs or punitive awards, for damages that come about as a result of error or negligence on your part. While all accountants should have this type of insurance, small firms in particular can benefit from this coverage as they usually don’t have much extra money in the bank to pay for an adequate legal defense or settlement. If you cannot spare upwards of $10,000 to settle with a client, defend yourself against a claim or hire a lawyer to handle your case, you need Accountants E&O Insurance from The Kerr Agency. Even if you are an established company doing very well for yourself, this type of insurance will guard against huge financial losses that can cripple your company, not to mention the hit to your reputation as a business in the community.
Professional liability insurance may also be referred to as errors and omissions (E&O) insurance for accountants, consultants, brokers and lawyers. No matter what it’s known as, there’s no doubt you need it. You’ve come too far in your profession to risk your business and professional reputation. Call or visit our website to request a quote now.
Get the protection you need from liability lawsuits claiming you operated in negligence or made an error or omission while performing services. The Kerr Agency is your one-stop-shop for comprehensive professional liability insurance, including CPA insurance. Call today at 732-383-5865.