M. BURR KEIM AGENCY

TAX PREPARER ERRORS AND OMISSIONS LIABILITY INSURANCE

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We now offer special Errors and Omissions Insurance for Tax Preparers. We recommend that you purchase this coverage for your business. Often times a small mistake can wipe out your profit for an entire season.

This policy covers claims made by your clients and legal fees incurred in defense of alleged errors and omissions, up to the policy limit. The policy covers both your full and part-time employees, even if they only work during the tax season.

Don't take a chance! When the pressure's on, mistakes can be costly. Complete the application, and return it to us today. We're glad to be able to provide this valuable protection to you.

Claims and lawsuits against tax preparers are becoming more prevalent; even the most careful tax preparers can get sued. To apply, simply complete the application, and return it to us today.

Tax Preparers' Errors & Omissions Insurance Rates (Annual Premium)
Number of Employees $10,000 Single
$20,000 Aggregate

$25,000 Single
$50,000 Aggregate

$50,000 Single
$100,000 Aggregate
$100,000 Single
$200,000 Aggregate
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 additional $44 $88 $131 $174

Tax Preparer's Errors & Omissions Insurance (Discounts)
Enrolled Agent 0.9 factor
Tax Preparer 0.9 factor
Association Member
Enrolled Agent and 0.85 factor
Association Member

Preparer's Errors & Omissions Insurance (Additional Coverage Options)
  $10,000 single/$20,000 aggregate $25,000/$50,000 $50,000/$100,000 $100,000/$200,000
1 Year Retroactive complimentary complimentary complimentary complimentary
2 Year Retroactive $125 $250 $375 $500
Bookkeeping 1-10% 1.15 factor    
  11-25% 1.25 factor    
  25%+ 1.33 factor    
Extended Reporting .0.5 factor 0.5 factor 0.5 factor 0.5 factor


HERE TO PURCHASE INSURANCE