Accounting, Audit and Bookkeeping Insurance

Accountants, auditors and bookkeepers face several risks in their profession and can be sued in various ways depending on the circumstances and the specific allegations made against them.  Here are some common situations they could encounter that may lead to lawsuits.

  • Professional Negligence
  • Breach of Contract
  • Fraud or Misinterpretation
  • Breach of Fiduciary Duty
  • Non-compliance with Industry Standards and Codes of Conduct
  • Negligent Tax Advice

Accounting, Audit, and Bookkeeping Insurance, also known as Professional Liability Insurance or Errors and Omissions (E&O) Insurance, is a specialized insurance policy designed to protect professionals in the accounting, auditing, and bookkeeping fields.

It covers financial losses that clients may incur due to mistakes in bookkeeping, incorrect financial reporting, or failure to meet professional standards.

In addition, accounting firms, accounting practices, CPA firms and bookkeeping companies should consider other types of business insurance coverage to protect their business and mitigate potential risks.

These could include:

  • General Liability Insurance
  • Cyber Liability
  • Business Property
  • Business Interruption
  • Workers’ Compensation
First Choice Insurance Intermediaries, Inc.
Accountant and Bookkeeper Insurance

Eligible Professions Bookkeepers CPA's Financial Preparers Management Accountants Risk Advisory Accountants Taxation Accountants and more We cover more than Accountants and Bookkeepers - see Appetite Guide for a complete list of 180+ profe...
Colonial General Insurance Agency, Inc.
Accountants Professional Insurance

Policy Highlights: Colonial General is committed to providing accounting professionals and organizations with comprehensive professional liability coverage.   Accountants’ Professional Liability Insurance is available to firms of all sizes. ...
The McGowan Companies
Accountants Professional Liability Insurance

MCGOWAN, DONNELLY & OBERHEU, LLC Accountants Professional Liability Insurance   Eligible Classes: Hard to Place Firms   Products: Professional & Management Liability   Limits: Primary & Excess Available  ...
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