Your work demands precision and accuracy. You’re also human, and mistakes happen. Accountant insurance helps pay for legal fees related to errors on a tax return, or a missed filing deadline. It also covers risks that can affect any business, such as theft and injuries.
These insurance policies cover the common risks of accounting services.
Commercial general liability insurance covers basic risks, such as a client who sues after a fall. Bundle with commercial property insurance for savings in a business owner’s policy (BOP).
Professional liability coverage helps pay for legal costs related to work mistakes and oversights. It's sometimes called errors and omissions insurance, E&O insurance, or malpractice insurance.
A cyber liability insurance policy protects accounting businesses from financial losses caused by data breaches and cyberattacks. It's strongly recommended for any business that handles sensitive information.
Most states require workers' comp for accounting firms that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Fidelity bonds compensate clients for employee theft, including theft by electronic funds transfer. They're also called employee dishonesty bonds.
Whether you’re a certified public accountant, an auditor, a bookkeeper, or a tax preparer, it's easy to get business insurance if you have your company information on hand. Our insurance application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed agents work with top-rated U.S. providers to find the right insurance coverage for accounting professionals, whether you work independently or hire employees.