Liability insurance for Accountants & Finance

E&O for financial advice, plus fidelity and cyber exposure.

Start with a guide

These guides connect the coverage decisions below; use the questions to drill into a specific rule.

Industry guide · 2026 edition

Accounting Firm Insurance: The 2026 Liability Playbook

Insurance at an accounting firm is rarely a risk decision you make in isolation. The engagement letter, the audit committee, the state board, and — for auditors of public companies — the SEC and PCAOB each set conditions that decide most of what you carry. This playbook maps the five exposures that actually generate accounting-firm claims to the liability line each one belongs to, who can assert it, and what the other party will demand before they sign.

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Industry guide · 2026 edition

Professional Services Insurance: The 2026 Playbook

Professional services businesses should start with the liability created by their advice, designs, recommendations, or deliverables—not with a package label. This playbook maps the professional-liability, general- liability, cyber, and management-liability decisions to the work you do, the contracts you sign, and the continuity terms that can decide whether a later claim reaches a policy at all.

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Questions by coverage line

Professional Liability

All Professional Liability questions →

What insurance do accountants need? It depends — accountants usually need professional liability (E&O) because clients can allege negligent tax, bookkeeping, advisory, or attest work caused financial loss. General liability handles bodily injury and property damage from operations; workers’ compensation follows state law; cyber may be contract-driven when client data is handled. Engagement letters and client paper set demanded limits.

Coverage mechanics for Accountants & Finance

Policy mechanics, exclusions, certificates, and claims questions live on our sister publication: Accountants & Finance on isthiscovered.org.