Customized insurance for financial services companies
NEXT makes it easy for accountants, bookkeepers, tax preparers and other financial service providers to get tailored business insurance. We’ll help you quickly get coverages like professional liability and general liability insurance to protect your clients and your business.
We specialize in solopreneurs and small business owners in over 1,300 professions. It only takes about 10 minutes to get a free quote, choose your options, buy online and get shareable proof of insurance.
NEXT specializes in business insurance for financial service companies
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Why do providers need financial services insurance?
Business insurance can help provide protection against unexpected events and accidents, such as payroll errors or work vehicle collisions.
As a payroll administrator, accountant or financial advisor, you’re almost always required to have insurance to obtain a professional license and manage client accounts.
Financial service companies often purchase these two types of insurance for liability coverage:
Professional Liability insurance
Professional liability insurance, also known as errors and omissions insurance (E&O), can help protect you if you’re accused of making a professional error — whether it’s true or not.
For instance, professional liability insurance for accountants could help pay for legal defense costs if a client claims you made a miscalculation on their tax return and sues you for damages.
Learn more about Professional Liability insurance.
General Liability insurance
A general liability insurance policy can help provide coverage for physical injuries at your office or accidental damage to someone’s property.
This type of liability insurance could provide financial help for medical payments, legal fees and judgments.
How much does financial services insurance cost?
You can save up to 25% in discounts when you buy insurance coverage with NEXT. Your insurance cost can vary based on a number of factors, including:
- Your line of work.
- The type of clients you work with.
- The location of your business.
- Your number of employees, if you have them.
- Your claims history.
Get a free financial services insurance coverage quote. You can customize insurance to your specific business needs and access your policy 24/7.
Financial services insurance has never been easier
Fast
Buy your policy in just 10 minutes and you can save up to 25%*
Flexible
Set up monthly or annual payments, and get unlimited proof of insurance at no extra cost
Convenient
Do it all 100% online or talk to a licensed U.S.-based advisor
Other important business insurance coverage for financial services professionals
Workplace injuries are more common than you may think. A workers’ comp insurance policy can help make work-related accidents and injuries easier. Coverage can help pay for medical bills, lost wages while recuperating and more.
It is required in most states if you have employees.
If you own or use a vehicle for work, personal auto insurance typically does not cover you if you have an accident on your route to a client’s office.
Most states require a commercial auto insurance coverage for business-owned vehicles to help cover medical expenses and property damage after an accident.
Financial advisors, tax preparers and actuaries 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.
Customers trust business insurance with NEXT
Financial service providers insurance FAQ
If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help.
What do I need to get an insurance quote online?
How can I get a certificate of insurance (COI)?
How do you file an insurance claim with NEXT?
4 professional liability claims examples
Learn how insurance can help you recover if you make a professional mistake.
Premises Liability insurance
Learn more about insurance coverage for accidents in the space where you do business.
What types of business insurance do I need?
Learn about the different types of business insurance and how they can help protect you.