Get a free quote
Payroll Services Insurance - Let us find your best coverage - errors and omissions for payroll service providers
Payroll processors face claims for missed tax deposits and payment errors, and carriers look at client count, funds handled and your controls over trust accounts. Send us a few details and we will shop 50+ carriers for your best rate – no cost, no obligation. Prefer to talk? Call 800-616-3490.
Payroll Services Quote Request
Applicant Information:
Have these handy
- Number of clients and employees paid
- Annual payroll processed
- Trust account controls
- SOC report if any
- Five years of loss runs
Related coverage
Coverage details
What Payroll Services coverage includes
Payroll processors face claims for missed tax deposits and payment errors, and carriers look at client count, funds handled and your controls over trust accounts.
- Professional liability - Claims that your advice, work or omission caused a client a financial loss.
- Defense costs - Attorney fees and court costs, even when the claim has no merit.
- Tax deposit errors - Penalties when payroll taxes are filed late or wrong.
- Crime / fidelity - Employee theft of client payroll funds.
- Cyber and privacy - Breach response and liability for client data you hold.
Good to know: segregated trust accounts, dual authorization for money movement and a SOC 1 report all help with pricing.
Not covered: the payroll taxes themselves, funds lost to commingling, and employee theft unless crime coverage is added.
Insurance Application:
Payroll Services
Required forms
Payroll Services Supplemental Application (PDF)
Download, complete and email to info@societiesinsurance.com, or attach it with your quote request.
Contact details
Prefer to talk?
- Toll-Free: 800-616-3490
- East Coast: 706-550-4418
- West Coast: 206-755-0101
- info@societiesinsurance.com
- Mon-Fri 8:00am - 6:00pm, Sat 9:00am - 12:00pm