A lawsuit related to an audit or a claim of errors or fraud in financial recordkeeping could cripple your business. Bookkeeper insurance protects against client lawsuits, injuries, and more.
Insureon helps bookkeepers compare insurance quotes from top U.S. carriers online. Get several quotes with one application.
These policies provide coverage for the most common bookkeeping risks.
This policy covers basic bookkeeper risks, including customer property damage and injuries. Bundle with property insurance for savings in a business owner’s policy.
E&O insurance for bookkeepers, also known as professional liability insurance, is common with professional services. It can cover legal fees of lawsuits related to work performance.
This policy helps bookkeeping businesses survive data breaches and cyberattacks. It can pay for data recovery expenses, client notification costs, and more.
Most states require workers' comp for bookkeeping businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Fidelity bonds compensate clients for employee theft, including theft by electronic funds transfer. They're also called employee dishonesty bonds.
Handling the day-to-day financial health of a company is both rewarding and challenging. Whether you’re a bookkeeper or an accountant, one data entry error, accusation of recordkeeping fraud, or work injury could spell disaster for your firm. Bookkeeping insurance protects against professional mistakes, fires, employee injuries, and other incidents that could threaten your business.
Several factors will have an impact on insurance costs, including:
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