Get insurance tailored to your business
Our accountant insurance covers a range of small businesses so that you can focus on what you do best:
| Bookkeeper | Tax preparer | CPA | Accountant malpractice |
Accountant Insurance
You can save up to 25% in discounts on business insurance.*
Choose your primary coverage to get started:
Accountant insurance designed to protect your business
NEXT makes it fast, easy and affordable to get tailored accountants’ professional liability insurance and other business insurance for your business. Once you’re covered, you can share unlimited proof of insurance in minutes at no additional cost.
We specialize in solopreneurs and small business owners in over 1,300 professions. Financial services providers can easily choose their coverage, buy online and get sharable proof of insurance for their next contract job — all in about 10 minutes online.
Liability insurance for accountants can help protect you from:
Business errors
A client or customer accuses you of making a miscalculation on their tax return, costing them money.
Claims of negligence
Someone claims your inaction or wrongdoing caused financial loss or personal harm.
Legal fees and defense costs
You need an attorney to defend your professional services in a lawsuit after a claim.
Get the accountant business insurance coverage you need
It’s all about risk management. Consider these accountants and certified public accountant (CPA) insurance options to keep your business in compliance, professional and protected:
General Liability
For damage to property you don’t own
General liability insurance for accountants and tax preparers covers a wide range of potential accidents and basic risks. It’ll help protect you if someone other than an employee gets hurt (aka bodily injury) or you are held responsible for damaging property that doesn’t belong to you.
general liability can help you pay for:
Medical payments
Property damage
Legal fees and judgments
Professional Liability (E&O) insurance
To help protect you from professional mistakes at work
Accountants professional liability insurance (sometimes referred to as E&O insurance for accountants) is an important coverage to have. For example, CPA professional liability insurance can help you defend yourself if you’re accused of making a mistake that causes someone to lose money.
professional liability can help you pay for:
Professional negligence (actual or alleged)
Legal defense costs
Legal judgments
Commercial Auto insurance
If you own or drive a vehicle for work
Are your accounting services on the move? Personal auto insurance doesn’t usually provide coverage if you cause a collision in work-related situations. Most states require a commercial auto policy for business-owned vehicles to help pay for medical expenses and property damage after an accident.
commercial auto can help you pay for:
Medical expenses
Collision repairs
Rental car reimbursement
Workers’ Compensation insurance
Coverage for work-related illness or injury
Workers’ compensation insurance could help pay for medical care and lost wages if you or your employees get hurt on the job. It’s almost always required for CPA firms with employees. If you want yourself covered by workers’ comp, make sure to add business owner’s coverage to your insurance policy.
workers compensation can help you pay for:
Medical expenses
Lost wages
Employer liability
Commercial Property insurance
Protect the physical workspace you own or rent
Commercial property insurance can help protect your accounting firm's equipment, inventory and even the building itself. If your CPA business property is damaged due to a covered event such as a burst water pipe or fire, property insurance could help with replacement or repair.
commercial property can help you pay for:
Damaged equipment and inventory
Lost income
Operating expenses
Accounting businesses trust NEXT
Best E&O insurance
Best E&O insurance
Wendy S.
Best insurance for my company
Best insurance for my company
Nichole M.
owner
Prompt customer Service
Carlos S.
Great service
Great service
Alejandro G.
Sales process
Well explained, easy application and payment process.
John C.
Simple and Convenient
Getting WC insurance coverage through QBO was really simple and convenient. Highly recommended!
Sandra T.
Business insurance
Good price and great customer service
JOSEPH P.
Great Service
I was very please with the help I received from Steve! Thank you so much for making me feel at ease. I feel like I may have finally found a good home for my companies insurance.
Sharon N.
Very Pleased with this service.
Very Pleased with this service.
Marvin H.
Awesome service!
Next was so easy to use. I just advised them what I needed for my company in about a three minute survey, they gave me a quote, and I paid it. They sent me documents right away and...
Bobbie H.
How much does accountant insurance cost?
Accountant and CPA insurance costs vary based on the risks that your business faces, including things such as:
- The type of clients you work with.
- The location of your business.
- Your number of employees, if you have them.
- Your claims history.
- Annual business revenue.
Learn more about accountant insurance costs and coverage.
Get a free accountant insurance quote. You’ll know exactly what your business will pay in about 10 minutes, and you can purchase, get proof of insurance and access your policy 24/7.
Which types of insurance are required for accountants?
Insurance needs are different for each company, state, job type, contract, and more. Many customers will require accountants to have professional liability insurance or general liability insurance. You might need accountant insurance to:
- Secure work. Clients might ask you to have active insurance — usually professional liability.
- Get help for attorney fees and legal costs. If a client sues you for making a professional mistake.
- Hire employees. Most states require workers’ compensation.
- Pay for property damage to your office space. Commercial property insurance can help protect the space you use for work. Protect your inventory, equipment and even the building that you lease or own.
Accountant business insurance FAQ
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, our licensed, U.S.-based insurance advisors are standing by to help.
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 could 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 could 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 which could help 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?
It takes about 10 minutes to get a business insurance quote online with NEXT. We’ll ask a few questions about your business — like what you do, your location, how many people you employ and the vehicles you use for work.
You’ll choose your options and see prices. If you like what you see, you can buy online and get a certificate of insurance (proof of insurance) on the spot.
How can I get a certificate of insurance (COI)?
Once you have a NEXT policy, you’ll have 24/7 access to proof of your insurance (also called a certificate of insurance, or COI) via web or app. Log in to your account, download your COI instantly or deliver it via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them.
How do you file an insurance claim with NEXT?
If you’re a policyholder, simply log in to your account and file a claim. We’ll contact you shortly to go over the details. Our support team is standing by to help.
Coverage on-the-go for policyholders
Manage your policies, send and create certificates of insurance, or file a claim with our app.
More professions that are covered by NEXT
Learn more about CPA insurance
What types of business insurance do I need?
Learn about the different types of business insurance and how they can help protect you.
Liability risk: What it is, how to manage it for your small business
Learn how to assess — and lower — your liability risk to help keep your employees and customers safe.
4 professional liability claims examples
Learn how insurance can help you recover if you make a professional mistake.
* 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.