Accountants, RIAs, bookkeepers — a lot rides on your work. You're used to working through stacks of complex paperwork and spreadsheets. Your work can be high stress during peak tax and fiscal deadlines, and you can't afford to make any mistakes.
While numerical errors and bad financial planning could lead to a lawsuit against your firm, you face more risks than just these technical errors. Running your own accounting firm, you can be liable for workplace accidents, client injuries, and other unforeseeable mishaps.
A risk management strategy will need to cover your firm's professional liabilities, as well as the host of financial risks, property loss scenarios, and other basic business risks you can't avoid.
Small business insurance pays for many of these losses, but it's also important to prevent lawsuits and accidents before they occur. To help you, insureon's experts have written helpful articles and an eBook on risk management for accounting and finance professionals.
5 Ways to Protect Your Accounting, Tax Preparation, or Finance Business.
6 Costly Business Protection Myths for Accountants, Tax Preparers, & Finance Professionals.
Accountants, Tax Preparers, & Finance Professionals: 7 Things to Know Before Purchasing Insurance.
Small Business, Big Numbers: An Accountant's Guide to Landing and Keeping Small Business Clients
If you have any questions about your risk exposure and want to learn more, don't hesitate to talk with a small business insurance expert.