<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=280977095665909&ev=PageView&noscript=1" /> Accountants Professional Liability Insurance

Accountants Professional Liability

E&O Solutions for Accountants and CPAs

  • Broad standard definition of professional services

  • Multiple limits of liability and deductibles available

  • Customize coverage for specialized practice areas

Accounting professionals rely on ProDefender's trusted experts for creative coverage design and attentive service. Backed by the stability of Liberty Mutual, your ProDefender team is dedicated to providing innovative solutions to the risks you face as a Certified Public Accountant.

The ProDefender Accountants Professional Liability Insurance Program is suitable for a wide variety of CPA firms, from individual practices to professional corporations of up to 500 professionals and $100 million in annual revenues.

ProDefender coverage is underwritten by member companies of Liberty Mutual Insurance. Liberty Mutual is rated A (Excellent) by AM Best Company.

With more than 30 years of experience providing professional liability insurance to CPAs and CPA firms, the professionals at ProDefender have the resources and knowledge to protect your practice as it grows and evolves.

Questions or comments?

We'll respond within one business day.

(866) 434-8557
info@prodefender.com

Become an AgentGet Appointed

  • Limits: Primary $10 million per claim / $10 million aggregate, with a broad range of deductible options. For excess limits, contact us.
  • Premium credits available for engagement letter usage and longevity as a policyholder
  • Definition of professional services includes consulting, investment advisory service, pro bono, personal fiduciary services, advertising injury, and personal injury (includes emotional distress and mental anguish)
  • Accountants Professional Liability Hotline, available exclusively and without cost for ProDefender clients, provides guidance regarding claims, potential claims, and situations that could possibly lead to a claim.
  • 50% reduction in deductible up to $50,000 maximum for use of engagement letters other than audit or attest ($5,000 maximum), or use of mediation ($50,000 maximum)
  • Pre-claims expenses not charged against the deductible or liability limit even if a claim results. Deductible and liability limit not triggered until an actual claim is made
  • Subpoena assistance for legal advice and testimony preparation
  • Regulatory proceedings expense coverage up to $25,000
  • Defense of third-party discrimination demands
  • Innocent insureds provision applies to criminal, dishonest, illegal, fraudulent or malicious acts
  • Loss of earnings coverage for attendance at trial $100 per hour with no aggregate
  • Separate limit of defense coverage available in most states
  • Prior acts coverage available for continuously maintained professional liability insurance
  • Unlimited "tail coverage" for retiring solo practitioners

ProDefender APLI Fact Sheet

  • Network security, client network damage, and privacy event coverage, with separate liability and expense limits
  • Employee dishonesty
  • Employment practices liability defense

We believe many of the most serious claims scenarios can be avoided through a proactive approach to risk management.

Over the last two decades, we have developed the accounting profession's most comprehensive loss prevention program.

Accountants Professional Liability Hotline (844) 846-2084 provides guidance to ProDefender clients regarding claims, potential claims, and situations that could possibly lead to a claim. Hotline experts can also address questions concerning best practices, claim avoidance, engagement and disengagement of services, and general practice questions.

Skilled legal specialists. The hotline is staffed by experienced attorneys from Carlock, Copeland & Stair, LLP, a national law firm specializing in accountants professional liability. These attorneys are well-versed in all aspects of the CPA business, from audits, compilations and reviews of financials, to tax matters and the full gamut of business issues.

Call (844) 846-2084 for ProDefender's comprehensive hotline for accountants

Please note that the Hotline will not provide insurance coverage advice or serve as a substitute to reporting your claim as required under your policy of insurance with LIU. All claims or potential claims must be reported to Liberty at ProfLiabClaims@libertyiu.com.

Risk Management Fact Sheet

Insurer

Coverage provided by a member company of Liberty Mutual Insurance. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. This literature is a summary only and does not include all terms, conditions, or exclusions of the coverage described. Please refer to the actual policy issued for complete details of coverage and exclusions.

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Accountants Comprehensive Insurance Bundle

Enjoy the convenience of using a single trusted insurer for all of your professional insurance needs, with policies starting and renewing on the same dates. This bundle combines:

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Joseph Barnard, CPA
Director National Programs
Forrest T. Jones & Company

Joe Barnard has been a tireless defender of the working professional for over 30 years. Call him at (866)434-8557 to purchase this bundle or just to hear more about it.