Secret Savings Alert Professional Liability for Accountants E&O
When selecting E&O insurance, consider the following factors:
- **Policy Limits**: Ensure that the policy limits are sufficient to cover potential claims. Higher limits may be necessary for firms handling larger accounts or more complex financial services.
- **Deductibles**: Evaluate the deductible amounts, as higher deductibles can lower premium costs but increase out-of-pocket expenses in the event of a claim.
- **Exclusions**: Carefully review any exclusions in the policy to understand what is not covered. This will help you avoid unexpected surprises if a claim arises.
- **Customer Support**: Choose an insurer with a strong reputation for customer service and claims support. This can make a significant difference in the event of a dispute.