Financial Planner and Investment Advisor Insurance

Compare multiple quotes from top carriers with one application.

Financial Planners and Registered Investment Advisor

Or call us at (800) 688-1984

Financial advisors at a desk looking at cost tables.

We partner with trusted A-rated insurance companies

Compare insurance quotes for financial planners and investment advisors

A bad investment or economic downturn could topple everything you've worked so hard to build. Protect yourself against liability lawsuits and other risks with policies tailored for investment advisors and financial planners.

One application, multiple quotes

Insureon helps financial and investment advisors compare small business insurance quotes from top U.S. carriers online. Get several quotes with one application.

What types of insurance do financial and investment advisors need?

These policies provide coverage for the most common risks investment advisors and financial planners face.

General liability insurance

General liability insurance provides coverage for common risks facing financial and investment advisors, such as customer injury and slander. Bundle with property insurance for savings in a business owner’s policy.

BEST FOR

Slip-and-fall accidents
Damaged customer property
Libel or slander lawsuits

Errors and omissions insurance

E&O insurance for financial advisors and planners, also known as professional liability insurance, can cover legal expenses related to work performance.

BEST FOR

Business disputes
Negligence accusations
Work errors

Cyber liability insurance

This policy helps investment advisors and financial planners survive data breaches and cyberattacks by helping to pay for recovery expenses and associated costs.

BEST FOR

Data breach lawsuits
Breach notification expenses
Fraud monitoring costs

Workers’ compensation insurance

Required in almost every state for businesses with employees, workers’ comp can help cover medical fees and lost wages for work-related illnesses and injuries.

BEST FOR

Employee medical expenses
Missed wages
Legal costs

Looking for different coverage? See more policies.

Why do financial planners and investment advisors need insurance?

If a mistake or error in judgment leads to a client’s financial loss, a registered investment advisor (RIA) or a tax preparer could face a hefty lawsuit. Financial planner and investment advisor insurance helps protect your decisions, such as management of retirement funds. It also protects against risks faced by any small business, such as injuries and property damage.

How much does insurance cost for financial and investment advisors?

Finance professional working on a calculator.

Several factors will have an impact on insurance costs, including:

Financial advice, investment advice, and planning services offered
Business equipment and property
Revenue
Location
Number of employees

View Costs

What our customers are saying

"I had an urgent contractual requirement for insurance in December to pay before the end of the year. Holly Burton worked with The Hartford to send me an invoice around Christmas. I have saved hundreds in taxes."

Richard C.

Software / internet design

"Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours."

Michael D.

Programmer

"The response time was almost immediate. The options I was given were based on my company's needs. I received the policy in record time."

Esther L.

Management consultant