Accountants

Protection for accountants who can’t afford costly mistakes.


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What accountants’ professional liability can help cover:

Coverage varies by company and policy, but accountants’ E&O commonly helps with:

  • Claims of negligence or errors in professional services

  • Alleged misrepresentation or inaccurate advice

  • Missed deadlines or omissions in agreed-upon services

  • Defense costs, even if the claim has no merit

  • Settlements or judgments you’re legally obligated to pay (subject to policy limits and terms)

We’ll walk you through the options so you understand what’s covered, what’s excluded, and how to choose limits that fit your firm.

At ProfessionalLiability.Pro from Choices Insurance Agency, we focus on professional liability for small businesses. That means you get:

  • Access to multiple insurance companies that work with accountants and financial professionals

  • Personalized guidance on limits, deductibles, and policy options

  • Help reviewing quotes side-by-side so you’re not just choosing the lowest premium

  • A team you can email or call when you have questions about coverage or a potential claim

We’re here to help you protect your reputation and your firm — without overpaying for coverage you don’t need.

From solo CPAs to growing firms, we help accountants, bookkeepers, and tax professionals find professional liability (E&O) coverage that fits both their risk and their budget. As an accountant, your clients trust you with some of the most important parts of their financial lives. A small mistake, missed deadline, or misunderstanding can quickly become a claim or lawsuit — even if you did everything in good faith.

Professional liability insurance (also called errors & omissions, or E&O) is designed to help protect your firm when a client alleges:

  • A mistake on a tax return or filing that led to penalties or extra taxes

  • Errors in bookkeeping or financial statements

  • Late or incomplete work that caused financial loss

  • Misunderstandings about the scope of services or advice given

Even if a claim is groundless, you still have to respond — which can be expensive and time-consuming. The right policy helps cover defense costs, settlements, and judgments (up to policy limits), so one claim doesn’t derail your business.

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