A mistake on a client’s tax return or a missed filing deadline could result in a costly lawsuit. Gain peace of mind from professional mistakes and other risks, such as data breaches, with tax preparer liability insurance.
These policies provide coverage for the most common tax preparer risks.
Tax preparer E&O insurance, also called professional liability insurance, can cover legal expenses related to work performance, such as a missed deadline.
This policy covers common tax preparer risks, including customer property damage and bodily injuries. Bundle it with commercial property insurance for savings in a business owner’s policy.
A business owner's policy, or BOP, is a cost-effective way for tax preparers to purchase general liability coverage and commercial property insurance together.
Most states require workers' comp for tax preparation businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps tax preparers survive data breaches and cyberattacks. It can help pay for recovery expenses, client notification costs, and more.
Commercial auto insurance covers costs if a tax preparer's vehicle is involved in an accident. Most states require this coverage for vehicles owned by a business.
It's easy to get tax preparer liability policies if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right liability coverage and fidelity bonds for your tax preparation business, whether you work independently or hire employees.