Accountants typically benefit from:
- Professional Liability Insurance (E & O) – protects against claims related to mistakes, omissions, or incorrect financial advice.
- General Liability Insurance – covers client visits or onsite meetings, protecting against bodily injury or property damage incidents.
- Business Owner’s Policy (BOP) – bundles property and liability insurance, often with coverage for income interruption.
- Cyber Liability Insurance – essential for safeguarding client data and covering costs of cyber incidents, such as breaches or hacking.
These coverages ensure you’re protected from advice errors, client-facing incidents, and digital risks.