An accounting error, data breach, or office injury could devastate a small finance business. Business insurance helps accountants and other finance professionals recover quickly from lawsuits and other unexpected costs.
This policy covers legal defense costs if a business is sued over an error that caused a client to lose money. It's sometimes referred to as errors and omissions insurance (E&O).
This policy covers basic accounting risks, such as customer injuries and property damage. Bundle it with property insurance for savings in a business owner’s policy.
A business owner's policy, or BOP, is a cost-effective way for financial professionals to purchase general liability coverage and commercial property insurance together.
Most states require workers' comp for businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps accountants, bookkeepers, and other financial experts survive data breaches and cyberattacks by helping to pay for recovery expenses and associated costs.
Commercial auto insurance covers costs if a financial business's vehicle is involved in an accident. Most states require this coverage for vehicles owned by a business.
Business insurance can be affordable for a small financial firm. Several factors will have an impact on insurance costs, including: