Insurance for bookkeepers.

Professional liability, cyber, and crime coverage for bookkeepers who reconcile accounts, run payroll, and pay bills for clients, from a home office to a small firm.

What bookkeepers usually carry

Bookkeepers professional liability
Cyber and data breach
Social engineering fraud
Crime, including client funds
Business owner’s policy
Hired and non-owned auto

Watch for these in a bookkeeping policy

Payroll tax depositsA missed or late payroll tax deposit is one of the most common bookkeeping claims. Make sure payroll services are listed on your policy, not assumed.
Fake payment requestsA spoofed email from a client’s vendor asks you to change bank details, and you pay. Social engineering coverage answers that, and it is often a small sublimit or left out.
Tax returns on the sidePreparing returns is a different exposure from keeping books. Many bookkeeping policies exclude it unless you declare it.
Deductible on defenseOn many policies the deductible applies to defense costs, so you pay the first dollars of a claim even when you did nothing wrong.
Working from homeA homeowner’s policy often limits business equipment and excludes injuries to clients who visit on business. A business policy covers both.

What business clients ask bookkeepers for

Proof of E&OClients who hand you their books and bank logins often ask for a certificate before you start.
Named on your crime coverageIf you pay a client’s bills, the client may ask to be named as loss payee on crime coverage that protects its funds.
Data securityClients increasingly ask how you store their records and whether cyber coverage would pay for a breach.

Questions bookkeepers ask

Straight answers.

The questions we hear most, answered plainly.

Am I covered if a client says I should have caught an embezzler?

Claims that you missed theft by a client’s employee are common. E&O can defend and pay them, as long as bookkeeping is a covered service and you took no part in the theft.