How to get bookkeeping business insurance Professional Liability, Bond or E&O for bookkeeping biz
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- Опубликовано: 9 июл 2024
- How to get bookkeeping business insurance Professional Liability, Bond or E&O for bookkeeping biz. Why you should get insurance, what type to start with and the benefits it will give you and your clients.
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TOPIC TIME STAMPS
0:00 Intro
1:13 Why Biz Insurance?
2:01 Professional Liability
2:23 Pricing Options
3:12 Bond?
3:40 My own insurance
4:30 Property Liab?
5:24 recap Types
#bookkeeper #bookkeepingbusiness #businessinsurance
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What do you say? will you look into getting business insurance?
Thanks Verónica
Always my pleasure
This was very helpful. Thank you So much! I've been contemplating starting my own virtual bookkeeping business for 2 years now, and now I'm official and getting things ready to take on clients. 🙂
Glad it was helpful! Taking the first few steps will help you start feeling motivated and gain momentum.
Thanks again for your short informative video!
My pleasure! I'll be starting to share new videos later in April so be sure to be on the lookout. And I always like to hear if there's a specific topic you're interested in...Let me know.
I've been looking into this alittle, but thank you for this awesome info 👏🏾
Hi Yolanda, I'm happy to hear you're looking into it, it's a boring topic but an important piece of the puzzle.
All the domain names I want are premium names that cost 1,000's of dollars.
Tavaris, I know this can be so frustrating. I encourage you to play around with combining words. For example, when I was looking up mine, I wanted a word that stood for strong, sold, like a sold foundation and then played with the words accounting, etc, the online Thesaurus was a helpful tool, I also created a google sheet with two columns to list the action/adjective words I liked and the 2nd column had the words bookkeeping, acouting, etc. so that I could mix and match as I looked them up.
Don't stop trying, your name is out there.
I am brand new and just sitting up my bookkeeping business with my LLC. I am working from home and have no employees. Would it be better for me to get errors and omission insurance or professional liability insurance? Do they both cover against any possible mistake made?
Hi! I'm so excited for you, and I love that you're thinking about building a strong foundation from the start. I would recommend you contact a broker in your city that handles business insurance.
Errors & Omissions is a bit pricy but for me personally, it's worth it, our policy based on questions we answer is an annual fee of average $1k.
However for a long time I had a professional liability along with a bond, they were less expensive but again, you need to answer questions about your business for the broker to make the recommendation.
I hope this help.