To become a CPA in the state of Florida you had to get at least a Bachelor’s Degree (most likely a Master’s in Accounting), sit for the CPA exam and work for someone else for no less than a full year. Now that you have your own business, are you willing to put all of the time and money you’ve invested in jeopardy because you don’t have the adequate CPA Liability Insurance on the practice you’ve worked so hard to build?

Most CPA’s believe that a general Business Owners Policy which encompasses; business liability, business property and business income – is enough to safeguard your company. In theory that might be true. But if the work you do extends past doing taxes for your family, friends and close acquaintances, you’ll need to look at adding additional layers of protection to make sure you’re not forced to close your doors. In this digital age Network & Privacy Insurance has become a huge issue that Florida CPA’s need to guard against. Gone are the days where a password on your desktop was enough to ensure security, your peers are continuously being hacked for clients’ social security numbers and other vital information. Even Public Relations Insurance is a growing issue because the internet gives every person’s opinion a megaphone. So how are you protecting yourself against ALL of these issues?

Black’s Insurance works only with A-rated insurance companies to provide many types of coverage including a complete range of Accountants and Professional Liability Insurance. For your business to be secure you need to consider getting at least some of the following:

• Benefit Plan Fiduciary Services
• CPA Malpractice Insurance
• Crisis Event Supplementary Benefit
• Outside Interest Coverage
• Outside Organization Matter Supplementary Benefit
• Investment Advisor Coverage
• Investment Advisory Services
• Personal Fiduciary Coverage
• Security Breach Remediation and Notification Coverage
• Pre-Claim Assistance

It’s likely that your insurance needs extend past what we’ve identified above. It’s best to contact us so we can discuss your individual CPA practice and which policies directly pertain to you and your customers. We are an independent insurance agency that will take the time to assess your current and future needs while working to help you stay protected for years to come. You’ll receive fast, personal attention from our agents throughout the initial policy implementation process. As your CPA practice changes, we’ll help update your policy along with it. And once your accountant insurance policy is in place Black’s Insurance will review it annually to make sure you’re still getting the best price and the best coverage available.