Accounting Firms Access Ultimate Fiduciary Liability Coverage Options
Financial Considerations and Pricing
The cost of fiduciary liability insurance can vary based on several factors, including the size of the firm, the number of employees, and the specific coverage limits desired. On average, premiums for small to mid-sized firms can range from $1,500 to $3,000 annually2. However, firms should weigh these costs against the potential financial impact of fiduciary claims, which can be substantial.