Financial Services Insurance
You can save up to 25% in discounts with instant coverage.*
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Customized insurance to protect you and your clients
NEXT Insurance is a one-stop shop for accountant, bookkeeper and tax preparer business insurance.
We’ll help you quickly get the customized coverage you need online to protect your clients and your business.
Oh, and you’ll save 10% when you bundle two or more of our policies.
We specialize in business insurance for financial advisors
Customized business insurance to protect you and your clients.
Why do financial service providers need business insurance?
Business insurance offers you protection from a wide range of unexpected events and accidents, from an error in your payroll to a collision involving your work vehicle.
As a payroll administrator, accountant or financial advisor, you’re almost always required to have insurance in order to obtain a professional license and manage client accounts.
With the right coverage, you can focus on the financial health of your customers and your business.
How financial services liability insurance protects your small business
Accounting, bookkeeping and financial advising liability insurance can help cover costs if you find yourself in the unfortunate situation of being accused of causing an injury or damaging property, or if someone says that your work mistake caused financial losses.
We combine two types of liability insurance in our small business insurance packages:
Professional liability insurance (also known as errors and omissions), covers you for cases where you are accused of not having done your job properly, whether that’s true or not. If your clients sue you for making a mistake in your paperwork that led to them losing out on significant tax advantages and paying more than they had to, professional liability coverage will help pay for costs to defend your small business or fix the problem.
General liability provides coverage for expenses related to physical injuries that could happen at your office or accidental damage to someone’s property.
How much does business insurance for finance professionals cost?
You can save up to 25% in discounts when you buy financial advisor, payroll services or accountant business insurance with Next. The exact amount you pay will depend on:
- The types of clients you work with
- Where your clients are located
- Your payroll and the kinds of jobs your employees do
- The number and types of vehicles you use at work
Business insurance for financial advisors has never been easier
Customized business insurance to protect you and your clients.
Get covered in 10 minutes and you can save up to 25% in discounts
Coverage that grows with you and easy monthly payments
Do it all 100% online or talk to a licensed U.S.-based advisor
Other important business insurance coverage for financial advisors, accountants and bookkeepers
Workplace injuries happen more frequently than you might think, especially in your line of work. Workers’ comp makes those situations easier by helping to pay for medical bills for injuries and illnesses that happen to you or your employees while on the job. Workers’ comp can also help to cover lost wages while recuperating from tripping over a computer cord in a client’s office.
This coverage is required for businesses with employees in every state except Texas.
Learn more about workers’ comp.
You’ll need commercial auto insurance in most states if you own work vehicles that are titled to your business.
You can use a commercial auto policy to insure your personal vehicle if you use that vehicle for your business, but you can’t apply your personal car insurance to your company car. So if you drive your own car to meet with clients or visit clients’ business locations, it probably won’t be covered under your personal car insurance.
Learn more about commercial auto.
Financial advisors, tax preparers and accountants who own or rent physical spaces will need property insurance to help protect business equipment, inventory and furniture. If your business property is damaged due to a covered event, such as a burst water pipe or fire, property insurance can help with replacement costs or repairs.
Learn more about commercial property.
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Frequently asked questions about financial services insurance
What do I need to get an insurance quote online?
How can I get a 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.
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