- 1-210-201-7122
Insurance Tailored For Your Accounting Services Business
Speak with a licensed insurance agent:
1-210-201-7122
Monday – Friday, 9am – 5pm CST
Why Accounting Services Businesses Choose Voyage
Tailored
Policies customized just for your company's specific needs.
Simple
Fast Quotes made simple for almost most insurance types. We offer instant coverage and quick claims.
Established
Voyage Insurance has been supporting the courageous since 2018.
Accounting Services Insurance F.A.Q.
What types of insurance do accounting firms need?
Accounting firms typically need professional liability insurance, general liability insurance, and cyber liability insurance. Professional liability insurance protects against claims of errors or omissions in professional services, while general liability insurance covers third-party claims of bodily injury, property damage, and personal injury. Cyber liability insurance covers losses resulting from cyber attacks, data breaches, or other cyber-related incidents.
How much professional liability insurance do accounting firms need?
The amount of professional liability insurance an accounting firm needs depends on factors such as the size of the firm, the types of services offered, and the level of risk involved. Most accounting firms carry between $1 million and $5 million in professional liability coverage.
Do accounting firms need workers' compensation insurance?
In most states, accounting firms are required to carry workers' compensation insurance if they have employees. Workers' compensation insurance provides benefits to employees who are injured or become ill due to their work.
What is fiduciary liability insurance?
Fiduciary liability insurance protects against claims of breaches of fiduciary duty, such as mishandling employee benefit plans or investment accounts. Accounting firms that provide these services may need to consider adding fiduciary liability coverage to their insurance portfolio.
Accounting Services Insurance Information
As an accounting firm, there are several insurance coverages you should consider to protect your business. Here are some common ones:
1. Professional Liability Insurance: Also known as Errors and Omissions (E&O) insurance, this coverage protects your business in the event that a client alleges they suffered a financial loss due to errors or negligence in your accounting work. For example, if you make a mistake on a client’s tax return that results in a penalty, professional liability insurance can help cover the costs of legal fees and damages.
2. General Liability Insurance: This coverage protects your business from third-party claims of bodily injury, property damage, and personal injury. For example, if a client trips and falls in your office, general liability insurance can help cover their medical expenses and any legal fees associated with a lawsuit.
3. Cyber Liability Insurance: This coverage protects your business from damages resulting from cyber attacks, data breaches, or other cyber crimes. For example, if your firm experiences a data breach that exposes clients’ personal information, cyber liability insurance can help cover the costs of notifying affected clients, credit monitoring, and any legal fees associated with a lawsuit.
4. Business Interruption Insurance: This coverage helps your business recover lost income if you are forced to temporarily close due to a covered peril, such as a natural disaster or fire. For example, if your office is damaged in a flood and you have to close for several weeks, business interruption insurance can help cover the lost income during that time.
5. Workers’ Compensation Insurance: This coverage is required by law in most states and covers medical expenses and lost wages for employees who are injured or become ill due to their work. For instance, if an employee develops carpal tunnel syndrome due to excessive computer use, workers’ compensation insurance can help cover their medical expenses and lost wages.
6. Employment Practices Liability Insurance: This coverage protects your business from lawsuits related to employment practices, such as wrongful termination, discrimination, or sexual harassment. For example, if a former employee sues your firm for discrimination, employment practices liability insurance can help cover the costs of legal fees and damages.
In Texas, insurance coverage requirements and options may vary, so it’s important to work with an experienced insurance agent who can help identify the specific risks faced by your business and recommend appropriate coverage options.
Access To Over 40 A+ Carriers
Customer Reviews
Voyage Insurance Group is very new to me and my family in search of equitable and affordable insurance. The cost of insurance in this current rise of inflation and greed is difficult to figure out. Voyage has shown to me real results…They are simply refreshing and sincere in their approach to the buyer’s needs. However you have morphed seeking a positive desire for change that is affordable in you quest of the right insurance, home or car., Voyage is worth the call… Trinity or Rachel are great at their job to seek out more affordable and equitable insurance… Thank you Trinity and Rachel…
Micah is always friendly and reliable. His word truly is his bond and I’d prefer no one else to handle any of my insurance needs.
Always great working with Michael. He is very professional, knowledgeable and also quick to respond to any questions I may have. He was really able to help me last minute and I'm very grateful!
Micah Clements was very prompt and professional in assisting me with my needs for home and auto insurance. Micah provided me with multiple options that best fit within my financial budget. I really didn’t think he was going to be able to beat what I was paying with my prior insurance company, but he did, by half! I’m happy I was referred to this group.
the best quote and profesional Customer Service, you can trust in Voyage Insurance Group.
I had a great experience getting assistance from Brandi Grauel, she is so professional and attentive, she was able to show me several car insurances options and helped me to find out what was the best option for me. Anyone who is shopping around but not sure yet.. give her a call
David Miller out of Pearland helped us save so much money on our personal auto and our commercial auto premiums. We received such a good deal that we paid it all upfront! David was quick and efficient and we are glad to do business with him!
I had an exceptional experience with Voyage Group Insurance. David Miller was amazing! He provided great customer service and saved me $250. Thanks David!
I've had a great experience with Voyage Insurance Group. Sergio Guerrero was the first person I spoke with about my quote and he was extremely helpful and pleasant to speak with. He was very professional and clear with his explanations to my questions. I appreciated that a lot. As a new customer I am indeed satisfied with my experience. Thank you!!!
