Insurance for Accountants
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What is accountant liability insurance?
Accountant liability insurance refers to the different types of coverage available to accountants, bookkeepers, and tax preparers. Without business insurance, you could be out of pocket for many everyday risks.
Why do accountants need insurance?
Accountants and CPA firms provide financial services to their clients. However, if the advice you give causes a client to lose money, you could be hit with a lawsuit. Insurance designed for accountants could help you cover legal costs, compensation, and more—like accidental property damage claims, employee injuries, and unplanned business interruptions.
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Who needs accountant’s Professional Liability insurance?
BizInsure offers Professional Liability coverage for a range of accounting professionals, including:
- Accountants
- Accounting Firms
- Bookkeepers
- Certified Public Accountants (CPA)
- Enrolled Agents
- Tax Agents
General Liability insurance
If you regularly meet with clients in person, you may want to consider General Liability insurance*. Accidents happen, and a simple trip and fall in your office could lead to an expensive injury claim. Don’t let mishaps like these and others take money away from running your accounting firm.
Business Owner’s Policy
Unplanned events—like business interruptions, storm damage to your owned office building, and broken equipment—could impact your ability to work. A Business Owner’s Policy is a convenient and affordable way to protect your business against a range of risks.
Workers’ Compensation insurance
Accounting and bookkeeping may be low-risk work, but anything can happen when running a business! Workers’ Compensation insurance* helps your business manage employee injuries. It may be required before hiring your first employee, depending on your state’s laws.
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