E&O Insurance: Providing a Safety Net for Your Practice
Does your firm carry errors and omissions or professional liability insurance? Are you properly insured in the event a malpractice suit arises?
She also suggest clients ask professionals about their insurance coverage before they start working together. It’s important for clients to know what type of protection their tax or accounting professional can offer.
There are many avenues available that provide professional liability and E&O insurance for firms. For example, the AICPA offers several insurance plans through AON which include options for professional liability, employment practices liability and specialty coverage for unique insurance needs. Professionals that are interested in acquiring or modifying their insurance coverage can consult with one of the insurance companies listed at the bottom of this article or check with their local state CPA association for a list of companies that serve their area.
E&O and Professional Liability Insurance Providers:
Camico (800) 652-1772 https://www.camico.com/portal/server.pt
AICPA (AON) http://www.cpai.com/business-insurance/
Nationwide (888) 490-1549 http://www.nationwide.com/accounting-office-business-insurance.jsp
CNA (312) 822-5000 http://www.cna.com/portal/site/cna
Neace Lukens (877) 632-2358 http://www.neacelukens.com/
CPA Mutual (800) 543-3029 http://www.cpamutual.com
Mitchell & Mitchell Insurance Agency, Inc. (877) 747-8705 http://michellandmitchell.com
Landy (800) 336-5422 http://www.landy.com/index.html
Pearl Insurance (800) 447-4982 http://www.pearlinsurance.com/products/apl/

