Your One-Stop Resource for Accounting and Bookkeeping Office Insurance
Chances are, your accounting clients have other priorities than mastering the intricacies of GAAP. That’s why they hire you. And that’s why you want our comprehensive accounting firm insurance to make sure you can continue to offer expert financial services to your clients.
Whether you own your own accounting office building or lease space downtown, the Lambert Agency understands your unique accounting firm insurance needs. Let us partner with you and take some worries off your plate with our customizable business insurance. We’ve been providing professional, personal service for more than 80 years. And because insurance for accounting services is one of our specialties, we can work with you to select a plan that fits your business and your budget.
Accounting Firm Insurance
To get you started, here are some common industry concerns shared by accounting offices – and ways that our dependable accounting and bookkeeping office insurance policy will cover you. We also provide some other ways we can help and some tools you can use to help yourself. When you’re ready to speak to an agent, call us at (205) 879-7283 and ask for a free accounting firm insurance quote.
Q: How does the Lambert Agency understand that accounting and bookkeeping offices are different from other businesses?
A: Your clients are trusting you with their money. And for you to be able to deliver on their expectations, you need to make sure their records – both paper and electronic – are protected. We have coverage for that and many other of the needs specific to your business.
Q: What specific coverages do accounting and bookkeeping offices need?
A: Here are some of the coverages you should consider:
- Valuable Papers and Records Coverage
- Equipment Breakdown Coverage
- Money and Securities Coverage
- Electronic Data Processing Coverage
- Employee Dishonesty Coverage
- Property Coverage
- General Liability Coverage
- Accounts Receivable Coverage
- Business Automobile Coverage
- Business Umbrella Coverage
Q: Does the Lambert Agency offer these coverages for my accounting business?
A: Yes
Q. What can I expect from the Lambert Agency?
A: Our agents will deal with you directly making insurance a stress-free experience:
- We understand you work long hours, including weekends. This leaves little time to shop or even think about insurance. Which is why we will come to you when it is convenient for you with solutions in hand.
- We understand you need the best coverage for the best price. After all, the bottom line is important. By thoroughly understanding your business, we make sure you receive all qualifying discounts.
- You work hard to make your business a success. Insurance shouldn’t be something you have to worry about. We can shoulder some of your burden so you can put more energy into your business.
Q: Does the Lambert Agency offer Professional Liability Coverage (Malpractice Coverage) for accountants and bookkeepers?
A: The Lambert Agency does not offer Professional Liability Coverage, but we can work with a partner company to offer a solution for your business.
Q: What type of coverage is often overlooked for accountant and bookkeeping offices?
Equipment Breakdown Coverage – Offices typically have expensive communication equipment, such as telephone systems and computer networks. If they break down, replacement can be costly. Most insurance companies automatically include this coverage, but some require that it is separately added. Make sure you ask your agent about this coverage.
Flood insurance – The Lambert Agency does not offer flood insurance, but your agent can connect you to the National Flood Insurance Program, which is government-sponsored insurance that offers up to $500,000 in coverage.
Q: Can the Lambert Agency meet all of my insurance and financial needs?
A: Yes, we offer a full range of personal and business insurance products. We also offer financial services, mortgage and banking services. This means we can cover your home, personal autos, business vehicles, workers compensation, life insurance, business property and liability, personal and commercial umbrella, mortgages and investments.
Q: What is umbrella insurance?
A: It’s a way to add higher limits to your existing insurance. For example, if your current liability policy covers a $1 million lawsuit and you are successfully sued for $2 million, umbrella insurance can cover the difference. Best of all, we can provide this excess liability coverage over your business vehicles as well as your business liability.
Q: How do I pay my premiums?
A: Various options are available, including monthly and quarterly.
Contact an agent to work out the best plan for your business.
Q: What do I do if I have a claim?
A: You can:
- Call us at (205) 879-7283
- Visit our claims center
Q: How is the Lambert Agency rated, and what does the rating mean?
A: The Lambert Agency is rated A+ (Superior) by A.M. Best, an independent insurance benchmarking group. Only companies that have a superior ability to meet their ongoing obligations to policyholders earn this high rating.
Q: What can you do to help me as my business changes?
A: We offer free, periodic insurance reviews, called the Lambert Agency Care ReviewsSM, to make sure your insurance is keeping up with your business. Plus, we always stay in tune with new trends affecting your industry, so we can adapt our coverages to provide the best protection for your business.
Q: Does the Lambert Agency offer pollution coverage?
A: Not at this time, but your agent can help you determine the coverage that is right for your business and help steer you in the right direction to purchase it.
Q: Can business insurance cover my signs?
A: Since your signs are such an important part of your visibility, we can cover them – from damaged caused by vandalism, theft, lightning and car accidents – so you have one less thing to worry about.