With all the problems this year I find I need a good E&O insurance. one that also covers prior acts. What are you guys using and their rates please?
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Here's a recent thread on it -- haven't noticed any since.
http://forum.thetaxbook.com/showthre...Insurance&high...
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E&O Insurance
My firm is also looking at this...
We got one quote from Marsh. Their website is www.proliability.com
Another well-known company is Calsurance (no, you don't have to be in California)
If you are a solo practitioner, or if you only have one or two people working for you part-time, then a basic policy is probably going to start around $500 per year, and go up from there, depending on how much coverage you want.
Works a lot like car insurance. You get to choose a deductible
Some carriers offer discounts to members of NATP, NAEA and other professional organizations
BMKBurton M. Koss
koss@usakoss.net
____________________________________
The map is not the territory...
and the instruction book is not the process.
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