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What does accountant insurance cover?
Accountant insurance protects accountants, CPAs, and tax professionals from the cost of common risks. It helps cover legal fees, defense costs, and settlements related to:
- Mistakes and errors in your work
- Undelivered services or missed deadlines
- Third-party property damage or injury claims
- Workplace injuries
- Unplanned business interruptions
BizInsure understands the insurance needs of accountants. We offer flexible coverage options that can be tailored to sole proprietors and growing accounting firms.

Why do accountants need insurance?
Accountants may need insurance to work with specific clients, protect their businesses, and comply with the law. Workers’ Compensation insurance is required in most states for accounting services that employ staff.
Accountants and CPA firms provide important financial services to their clients. However, if the advice you give causes a client to lose money, they may decide to sue. Insurance designed for accountants can help you cover legal costs and compensation. It can also help you manage other unplanned costs, such as an employee getting injured on the job or replacing damaged equipment.
Who needs accounting insurance?
Professional Liability insurance is critical for accounting professionals, including:
Accountants / CPAs
Bookkeepers
Accounting Firms
Enrolled Agents
Tax Agents
Business and financial advisors
Accounting Firms
Auditors
What types of insurance do accountants and tax preparers need?
BizInsure offers a broad range of insurance solutions created specifically for accountants and financial services. These common policies can cover the most common risks for accountants, CPAs, bookkeepers and agencies.
Professional Liability insurance
Professional Liability insurance, also known as Errors & Omissions insurance, protects you against claims of negligence, misrepresentation, or mistake that result in financial loss to a third party.
We offer coverage up to $1 million per occurrence and $3 million in the aggregate.

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How much does accounting insurance cost?
General liability insurance for accountants starts at $28.86 per month, and professional liability insurance starts at $41.26 per month*.

Factors influencing cost
- Risks of the industry
- Coverage level amount
- Annual turnover
- Number of employees
- Claims history
The pricing information on this page is general in nature and provided for illustrative purposes only. It does not take into account your specific circumstances, business operations, or risk profile. Actual premiums vary based on your profession, location, claims history, and other factors.
Flexible coverage to match your needs
With BizInsure, you can get high-limit coverage levels to suit self-employed accountant or firms with complex needs.

Factors influencing cost
- Risks of the industry
- Coverage level amount
- Annual turnover
- Number of employees
- Claims history
The pricing information on this page is general in nature and provided for illustrative purposes only. It does not take into account your specific circumstances, business operations, or risk profile. Actual premiums vary based on your profession, location, claims history, and other factors.
Get flexible coverage to match your needs
With BizInsure, you can get high-limit coverage levels to suit self-employed accountant or firms with complex needs.
Unsure how much to choose? Think about:
- Statutory professional requirements
- Coverage required by contracts
- Number of employees being covered
- Your contract value
- Worst case scenario claim size
Frequently asked questions
Per-occurrence and aggregate limits both refer to the maximum payout of an insurance policy, but in different settings. Per-occurrence limits are the maximum amount a policy will pay for any one incident or claim. Aggregate limits are the maximum amount that will be paid over the duration of the policy.
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