Secret Savings Alert Professional Liability for Accountants E&O

Why You Need E&O Insurance

The accounting profession involves a high level of trust and responsibility. Even a minor error in financial reporting or tax preparation can lead to significant financial repercussions for your clients, which may result in lawsuits. E&O insurance provides a safety net by covering costs associated with legal defense and any potential settlements. Without this coverage, accountants could face substantial out-of-pocket expenses that could jeopardize their business.