Tax Preparer's Errors and Omissions Insurance

Insurance Services

Tax Preparer's and Bookkeepers:

Don't Let Mistakes Cause You Financial Hardship

Get peace of mind with Errors and Omissions (E&O) Insurance

This claims made comprehensive insurance policy provides:

Protection against honest mistakes
Protection against errors or omissions in your work
Interest payments and penalties to federal, state and local governments
Legal defense costs (attorney’s fees, court costs) up to the policy limit
Coverage for both your full-time and part-time employees, even if they only work seasonally
Covers not only you but your clients also
For an additional premium, bookkeeping is covered

Tax Preparer's E&O Insurance from E. R. Munro has NEW INCREASED LIMITS and EXPANDED COVERAGE OPTIONS that include Bookkeeping Service.

Bookkeeping coverage:

If it is 1% to 10% of your business multiply your premium by 1.15
If it is 11% to 25% of your business multiply your premium by 1.25
If it is 25% or more of your business multiply your premium by 1.35

Retroactive coverage:

One year is included free.
Second year add $125, $250, $375, $500 depending on your coverage level.
Click here for an explanation of retroactive coverage and a sample policy.

This policy** renews annually. You may order the policy in your company's name to cover one or more employees. There is a $250 deductible per claim.

Rates
Download Order Form
Call 877-ERMUNRO (376-8676) to speak with an insurance agent.

Number of Employees	COVERAGE LIMIT $10,000 per claim $20,000 per year	COVERAGE LIMIT $25,000 per claim $50,000 per year	COVERAGE LIMIT $50,000 per claim $100,000 per year	COVERAGE LIMIT $100,000 per claim $200,000 per year
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

**Policies not issued in Alaska, California, Connecticut, Florida, Louisiana, Maine, Montana, New Hampshire, New York, Texas, Vermont or Virginia. Call for pricing in Hawaii.

10% discount for enrolled agents or members of Tax Preparer's Association.

15% discount if you are both an enrolled agent and a member of a Tax Preparer's Association.

These premiums are for illustrative purposes only and are subject to review and approval by the underwriter. Actual quotes may vary. For pricing on policies e-mail us an application to insurance@ermunro.com or call toll free 877-ERMUNRO (376-8676) and select option 2.