Is professional liability insurance required for accountants?

Yes! Many states, firms, and clients require it: 

  • Widely accepted as essential for licensed professionals such as CPAs and tax preparers. 
  • Frequently required by clients or corporate contracts, especially in regulated industries. 
  • Provides legal defense coverage even if you’re not found negligent. 

Professional Liability is more than protection—it’s a business requirement in modern financial services 

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