Savings Calculator

5 ways you can save with CAMICO's Professional Liability insurance program

When looking for an insurance program, CPAs usually compare coverage and price to determine the best deal. But there is more to be saved than just premium. We encourage you to take into consideration which program gives you the best value and return on your premium. With CAMICO’s Accountants Professional Liability insurance program you receive unlimited access to member resources custom-designed for CPAs – and available at no additional cost with your policy. Try this CAMICO Savings calculator to see how much you can potentially save by using CAMICO’s services and resources, as opposed to paying for advisory guidance externally.
Advice Hotlines
Consider this scenario – you’re having problems collecting fees from a client and are looking for guidance on how to address the issue. How much would you pay an outside specialist or expert for risk management advice?
COST PER HOUR
$ 0
Average usage per year (number of hours)
0
Annual
potential savings
$ 0000

Have you ever found yourself in unfamiliar territory and wished you had risk management guidance and expert counsel at your fingertips to save you valuable time and resources? The above scenario is just one example of the type of risk management guidance CAMICO’s in-house Loss Prevention Specialists provide. Our Specialists offer advice on a wide range of concerns such as properly disengaging from a client, steps to take when suspecting fraud, protecting yourself from cyber risk, addressing conflicts of interest, client screening guidelines, support with engagement letters, answers to A&A issues, and more.  

tax advice
You need a second review of your tax treatment for a complex transaction. How much would you pay for tax advice from an external specialist or tax attorney?
COST PER HOUR
$ 0
Average usage per year (number of hours)
0
Annual
potential savings
$ 0000

As a CAMICO policyholder, you receive personalized guidance from our internal tax specialist on federal tax issues and potential problems associated with high-risk corporate, estate, and gift tax work. We will review your firm’s thoroughly researched tax treatment of a given transaction and discuss possible alternate treatments and other related issues based on the facts provided.

Engagement Letter Guidance
You’re crafting a tailored engagement letter or need help reviewing an existing one. How much would you be willing to spend for outside review of your letters?
COST PER HOUR
$ 0
Average usage per year (number of hours)
0
TOTAL
potential savings
$ 0000

CAMICO policyholders have access to approximately 150+ sample engagement and disengagement letter templates, which are reviewed and/or updated annually. If you need assistance with reviewing your engagement letter – our Specialists are happy to review and provide comments on your drafted engagement letters at no cost.

SUBPOENA SERVICES
You’ve been subpoenaed for your client’s work papers and are unsure how to respond? Who can you call for advice, and how much might you spend on advice regarding a subpoena?
COST/VALUE
$ 0

(Based on CAMICO’s data over the past five years, the cost of attorney services for a typical subpoena could average around $1,600.)

Subpoena and third-party requests for information can be intimidating – and often lead to uncertainty on how to proceed as you also need to comply with various rules and regulations that are intended to protect client confidentiality. CAMICO offers subpoena and consultation services designed to assist you in reducing the risk of claims or future litigation.

CPE
On average how much does it cost you and/or your staff to obtain CPE?
Cost per CPE Credit
$ 0
Number of CPE credits
0
Number of staff who take CPE
0
Annual
potential CPE savings
$ 0000

CAMICO offers an average of 20 free NASBA accredited CPE credits per year. Webcasts and self-study courses are available at no cost to all members of CAMICO policyholder firms – and span a variety of topics focused on risk management best practice and guidance.

TOTAL POTENTIAL SAVINGS*
$ 0000
Other resources and services
Members-Only Site

Access a vast library of resources. As a CAMICO policyholder, you and your team receive exclusive access to CAMICO’s Members-only Site. You’ll find a wealth of practice and risk management resources such as 150+ sample letters, 250+ articles, 8 resource centers, and much more.

Expert Claims Assistance

Disputes and claims can be stressful. In the event a matter turns into a claim, CAMICO is with you every step of the way. Claims specialists will guide you through the process and will develop a plan of action to resolve the matter with knowledge, tact and expertise.

*  The CAMICO services, resources and guidance listed here are offered at no cost to your firm and are already included with CAMICO’s accountants’ professional liability insurance program. The purpose of this calculator is to help demonstrate potential time and dollar savings you can realize by taking advantage of CAMICO’s resources and services – compared to if you paid for similar resources and services externally. We do not guarantee accuracy of the calculator as it applies to your specific situation, and the savings displayed are based on the information you provide.

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