Errors & Omissions Insurance
A bookkeeper misses a deadline for filing taxes, but does not realize it. The IRS imposes late filing penalties and interest on the unpaid taxes owed by the business. The mistake also triggers an audit finding understated income. The bookkeeper is sued by her client to recover the loss.
The bookkeeper called her insurance agent who said her General Liability insurance does not cover it. Now she is responsible for the loss – but she didn’t have to be.
Financial Services firms like these, provide a service for a fee. That means they can be sued for any mistakes they might make.
- Accident Investigation Services
- Auditors
- Bookkeepers
- Estate Services
- Trustees
- Tax Preparers
That’s why you need Errors and Omissions (E&O) insurance coverage from FoxPro Defender
- Affordable coverage that protects your business if you are accused of negligence.
- Provides financial protection for if you have to pay a settlement as well as legal expenses.
- A lawsuit can wipe out your company’s finances - even if the accusation is groundless.
Nationally recognized law firm Wilson Elser defends you
- Risk Management Hotline to answer your concerns.
- Experienced lawyers work to resolve matters before they become claims.
- Wilson Elser specializes in professional liability – unlike most local law firms without its experience.
- Our carrier Fortegra is rated "A-" (Excellent) A.M. Best for its financial stability and claims-paying ability.
Applying is easy. Just complete our Quick Quote Form, and we will let you know the coverage and cost we can provide. For more information, CLICK HERE.