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Accountant Insurance

You can save up to 25% in discounts on business insurance.*

Financial Services Insurance
Accountant insurance - NEXT

Accountant insurance designed to protect your business

NEXT Insurance is a one-stop shop to help you get the accountant and CPA insurance you need to protect your small business from accidents, injuries, and legal fees. Our business insurance packages for accounting professionals typically include:

  • General liability
  • Professional liability
  • Workers’ compensation
  • Commercial property
We’ll help you get the accountant business insurance coverage you need
It’s all about managing your risk. See the different policies available for accountancy insurance and save up to 10% when you bundle two or more of our policies.
General Liability

General Liability

Bought by 95% of business owners like you
General liability insurance covers a wide range of accounting accidents and basic risks. You’ll have financial protection if someone other than an employee gets hurt or you are held responsible for damaging property that doesn’t belong to you. It’s often required by businesses. The minimum premium cost of general liability coverage for accountants is $25 per month.

general liability can help you pay for:

Medical payments
Property damage
Legal fees and judgments
Professional Liability (E&O)

Professional Liability (E&O)

Bought by 80% of business owners like you
Accountants professional liability insurance (also known as accountant errors and omissions insurance) is an important coverage on an accountant or CPA insurance policy. It helps you defend yourself if you’re accused of making a mistake that causes someone to lose money. For example, if someone claims you made a miscalculation on a client’s tax return, it could help cover related expenses to defend yourself or redo the job.

professional liability can help you pay for:

Professional negligence (actual or alleged)
Legal defense costs
Legal judgments
Workers' Compensation

Workers' Compensation

For business owners who hire employees
Workers’ compensation insurance can help pay for medical care and lost wages after a workplace injury. It’s almost always required for accounting business with employees. Choose business owner’s coverage with your policy to protect yourself.

workers compensation can help you pay for:

Medical expenses
Lost wages
Employer liability
Commercial Property

Commercial Property

For business owners who own or rent physical spaces
Commercial property insurance can help protect your accounting business equipment, inventory and even the building itself if you own it. If your business property is damaged due to a covered event, such as a burst water pipe or fire, commercial property insurance can help with replacement costs or repairs as well as the loss of business income while you get back up and running.

commercial property can help you pay for:

Damaged equipment and inventory
Lost income
Operating expenses
How much does business insurance cost

How much does accountant insurance cost?

Accountant insurance costs vary based on the risks that your business faces, such as:

  • The types of clients you work with
  • Where your clients are located
  • If you have any employees

Learn more about accountant insurance costs and coverage.

Everything you want to know about Insurance

Accountant insurance requirements

You might need accountant insurance to:

  • Work with certain business clients. Organizations might ask you to have active insurance — usually professional liability.
  • Hire employees. Most states require workers’ compensation.
  • Repair or replace property you own or rent. Protect your inventory, equipment and even the building that you lease or own.

Frequently asked questions about accountant business insurance

Here are some of the most common questions we get about business insurance for accounting professionals. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.

How does business insurance protect accountants?

Our affordable accountant insurance packages are designed to protect your business from a variety of risks and help you save money to grow your business. You’ll be protected from financial losses related to:

Professional mistakes 

A client claims your recommendations resulted in a financial loss. Professional liability insurance helps you defend yourself if you’re accused of making a mistake that causes someone to lose money. 

Damage to someone’s property

You spill coffee on a client’s laptop and it needs to be replaced. The general liability insurance coverage in your package would help pay for a replacement.

Accidents that hurt someone

Someone slips and falls on your office’s front steps. Your general liability coverage would also come into play here by helping to pay for medical costs and legal fees.

Workplace injuries 

You trip over a computer power cord in your office and sprain your ankle. Workers’ compensation insurance with business owner’s coverage can help cover medical bills and lost wages. Workers’ comp is usually required by law if you have employees.  

Damage to your own property

A fire destroys several computers and some furniture in your office. Commercial property insurance can help with replacement or repair costs if your owned or leased property is damaged due to a covered event, such as a burst water pipe, fire, tornado or vandalism.

What do I need to get an insurance quote online?

We keep it simple and straightforward so you can find the coverage that’s right for you within a few minutes. When you start a quote for insurance, we’ll ask you a few basic questions about your business, including: the kind of services you provide, the location of your office or where you plan to work, how many people you employ and how much you pay them and the number and type of vehicles you use for work.

How can I get a certificate of insurance?

You’ll have instant access to your certificate of insurance 24/7 from your computer or mobile device when you purchase coverage with Next. There’s no waiting for anyone, no need to print anything and definitely no fax machines. If you’re a new or current Next Insurance customer, all you need to do is log in to your account and your Live Certificate delivers you the proof of insurance you need instantly, for free. You can easily share your COI with anyone via email, text message or a social media post. We provide unlimited certificates and you can also add an additional insured for free. If you decide to change your coverage, your certificate will be automatically updated. Find out more details about your certificate of insurance

How does the claims process work with NEXT Insurance?

  • If you’re a policyholder, you can file a claim any time by logging in to your account at www.nextinsurance.com and clicking the “File a claim” under the "About us" tab. You can expect a call from us shortly after you submit a claim to go over the details.
  • If you do not have a policy with us and are filing against one of our policyholders, you can head over to our website at www.nextinsurance.com, select “Help Center” under our “Support” tab, and under “Quick Actions for Customers” click where it says ”Not a policyholder and want to file a claim?”
  • If you cannot access your online account and require help from our support team, please visit our online help center.
Certificate of Insurance

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Actuary, Financial Advisor, Payroll Services, Accountant
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* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.
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Issuance of coverage is subject to underwriting. Not available in all states. Please see the policy for full terms, conditions and exclusions. Coverage examples are for illustrative purposes only. Your policy documents govern, terms and exclusions apply. Coverage is dependent on actual facts and circumstances giving rise to a claim. Next Insurance, Inc. and/or its affiliates is an insurance agency licensed to sell certain insurance products and may receive compensation from insurance companies for such sales. Policy obligations are the sole responsibility of the issuing insurance company. Refer to Legal Notices section for additional information.