From mistakes made on a client\u2019s tax return to slip-and-fall injuries at your office, accounting and finance businesses have to be prepared for the potential financial impact from a wide range of risks.<\/p>\n
There\u2019s too much at stake to operate a business without insurance since mistakes are almost inevitable. A professional liability (E&O) policy, also called errors & omissions, can cover legal fees and damages awarded by a court. You can also purchase a cyber liability add-on to protect you in the event of the loss of your clients\u2019 sensitive information in a data breach. We recommend considering it or a data compromise add-on, since very few companies are completely secure when it comes to the information on computers and in email.<\/p>\n
This insurance helps protect your business if an employee is injured, contracts an illness, or dies as a result of an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury.<\/p>\n
If your company owns or leases vehicles, this policy protects the vehicles and drivers from any damage incurred during the course of business.<\/p>\n
Also known as errors and omissions (E&O) insurance, this policy could protect you from the cost of damages and legal fees when someone claims your professional service caused financial harm to them or their business. Coverage includes both mistakes on the part of your business (errors) and the failure to perform a service (omissions). Professional liability (E&O) insurance should be considered if your business provides professional advice, offers a professional service, or has contractual requirements for the coverage.<\/p>\n
Every insurance policy you purchase has a maximum value that it will cover in the event of an incident. Umbrella insurance adds another layer of protection: it can cover costs that exceed the limit of another policy, subject to its own limit. Without it, you may be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella policy to protect your company.<\/p>\n
Also known as commercial liability insurance, a general liability policy is important, because general contractors and landlords often require a policy before they hire you. The policy covers damages and legal costs associated with injury claims to customers and other people you don\u2019t employ, damage to other people\u2019s property that was caused by your business, and medical costs associated with these incidents. It also covers libel, slander, and copyright infringement.<\/p>\n
This coverage can be purchased as an add-on to a general liability, professional liability (E&O), or BOP policy. It helps cover costs related to system hacks or data security breaches in which sensitive information has been stolen and fraud has occurred or there is a reasonable expectation that it might occur.<\/p>\n
Commonly referred to as a business owner\u2019s policy (BOP), it combines general liability insurance with coverage for your company\u2019s property. You\u2019ll get protection for the building you own, space you lease, and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running, such as the use of a temporary location.<\/p>\n<\/div>\n<\/div>\n
Protect Your Accounting and Finance Business From mistakes made on a client\u2019s tax return to slip-and-fall injuries at your office, […]<\/p>\n","protected":false},"author":244,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Accounting and Finance Insurance In Florida","_seopress_titles_desc":"Don't risk financial losses - get insurance for your accounting and finance company in Florida. From professional liability to workers' comp, we've got you covered.","_seopress_robots_index":"","_analytify_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-555","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/posts\/555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/users\/244"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/comments?post=555"}],"version-history":[{"count":0,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/posts\/555\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/media?parent=555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/categories?post=555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/tags?post=555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}