How well are you protected? You know that you need good accountant professional liability insurance, but there are so many options to choose from. How do you know which one is the right choice for you? Here are three tips to help you find a good firm with the right coverage.
The first thing you want to do is make sure that you are seeking out reputable insurance agencies. Look for a company that has a credit rating of at least an A, which is excellent, but preferably even higher by A.M. Best. Next you can search for quotes. You are looking for free quotes with no obligation attached to them. If a firm offers you a quote and immediately begins pressuring you to buy, that might be a red flag and an indication that you should look elsewhere. Finally, once you have collected four or five quotes, you can start to compare them. You want to find the one that offers you the coverage you require for the best price. That is how you know you have found the ideal accountant professional liability insurance for your firm.
There are many insurance options out there, but taking your time to research the agencies, get quotes and compare what they offer can really pay off in the long run.