Errors & Omissions Insurance for Tax Preparers
The CNA Surety Program is designed specifically for Tax Preparers and offers limit options from $10,000/$20,000 to $100,000/$200,000
The CNA Surety updated Tax Preparer Errors & Omissions Program now offers:
- Increased Limit options up to $100,000/$200,000
- Additional Coverage Options for limited Bookkeeping, Retroactive Coverage, and Extended Reporting Coverage
- Policy discounts for Enrolled Agents and Tax Preparer Association Memberships
- And, more...
How much does it cost ?
|
Number of Employees |
$10,000/$20,000 |
$25,000/$50,000 |
$50,000/$100,000 |
$100,000/$200,000 |
|
1-3 |
$182 |
$363 |
$556 |
$737 |
|
4 |
$226 |
$451 |
$686 |
$909 |
| 5 | $270 | $539 | $817 | $1,086 |
| 6 | $314 | $627 | $947 | $1,260 |
| 7 | $358 | $715 | $1,078 | $1,434 |
| 8 | $402 | $803 | $1,209 | $1,608 |
| Each Addtl | $44 | $88 | $131 | $174 |
These premiums are for illustrative purposes only and are subject to review and approval by the underwriter. Actual quotes may vary. 1 Year Retroactive Coverage is complimentary, 2 Year Retroactive available for additional premium.
Why CNA Surety ?
Our agency has chosen to represent CNA Surety as the exclusive provider for tax preparers errors and omissions coverage for our clients:
- CNA Surety provides us prompt turnaround on all new business.
- They write more bonds than any other company in the country.
- They have specialized in the bond business since 1900. They are THE bond experts.
- They have experienced claim specialists for bonds and errors and omissions insurance.
- They have an A.M. Best rating of A+, Superior.
Plan Highlights
- Covers claims against you and your clients up to the policy limit.
- Coverage of defense costs (subject to policy provisions).
- Protection against errors and omissions.
- Covers both your full-time and part-time employees, even if they only work during tax season.
- low deductible
- Cost-effective coverage...as little as $0.46 per day!
Can you afford a lawsuit because you made an innocent mistake and were an easy target for someone trying to recover losses? Tax Preparers' Errors and Omissions Insurance safeguards you against costly and time-consuming lawsuits. Even if the suit is not valid, you could still be faced with a legal bill for defending yourself. If you aren't insured, you'll pay those defense costs out of your own pocket, win or lose.
For a nominal premium, you can purchase a policy with a limit which suits your needs. Protect yourself and those who depend on you now. Consider Tax Preparer E & O insurance to protect yourself against innocent mistakes plus defense costs.
