What Are the Best Insurance Companies for Accounting Firms?

From small sole proprietorships to large multinationals, accounting firms need insurance coverage to protect themselves from a variety of risks. But with so many insurance companies out there, it can be tough to know which one is the best fit for your business.

To help you narrow down the options, we've compiled a list of the best insurance companies for accounting firms. Whether you're looking for general, professional, or property insurance, these companies will have you covered.

Essential Accounting Firm Insurance Policies

Best Insurance Companies For Accounting Firms Insurance

Here are some of the top companies providing insurance to accounting firms.

#1 The Hartford

★★★★★ - Elemental Risk Rating

The Hartford is one of the oldest and most respected insurance companies in the United States. Founded in 1810, it has since grown to become one of the largest insurers in the country, with a reputation for providing reliable and affordable coverage. Today, The Hartford offers a wide range of personal and commercial insurance products, from auto and homeowners insurance to medical and insurance.

For accounting firms The Hartford offers a number of insurance products that are well-suited to their needs, including professional liability insurance, property insurance, and business interruption insurance. In addition, Hartford's commercial vehicle and workers' compensation policies can provide valuable protection for accounting firms with company vehicles and employees.

The Hartford is known for its strong financial stability, which has earned it a rating of "A+" from A.M. Best. This financial strength provides peace of mind for policyholders, knowing that their claims will be covered in the event of an accident or natural disaster. 

Whether you're looking for basic coverage or more comprehensive protection, The Hartford can provide the right solution for you.

#2 Travelers

★★★★ - Elemental Risk Rating

Founded in 1864, Travelers has a long history of providing reliable customer coverage. Today, the company offers a wide range of insurance products, including auto, homeowners, life, and commercial insurance. Travelers is particularly well-known for its strong financial stability, which has earned it a rating of "A++" from A.M. Best.

To commercial enterprises like accounting firms, Travelers offers a broad range of coverage options, including general liability, errors and omissions, property, automobile, workers' compensation, and surety bonds. The company also has a dedicated team of accountants and financial professionals who understand the unique risks faced by businesses in the accounting industry.

#3 Liberty Mutual

★★★★ - Elemental Risk Rating

With over 100 years of experience, Liberty Mutual is one of the world’s largest and most well-respected insurance companies. The company offers a wide range of personal and commercial insurance products, including auto, homeowners, business, life, and disability insurance. Liberty Mutual is particularly well-known for its strong financial stability, which has earned it a rating of "A+" from A.M. Best.



For businesses in the accounting industry, Liberty Mutual offers a variety of coverage options, so you can tailor your policy to fit the specific needs of your practice. They also offer extensive resources to help you manage risk and prevent claims. If you're looking for an insurer that understands the unique risks faced by accountants, Liberty Mutual is worth considering.

Wrapping Up – Which Insurance Company is Best for Your Accounting Firm?

The best insurance company for your accounting firm will depend on a number of factors, including the size and scope of your practice, the types of services you offer, and your specific insurance needs. 

However, all of the insurers on our list are well-respected companies with strong financial stability and a history of providing quality coverage.

When choosing an insurer, be sure to compare a variety of factors, including the types of coverage offered, the financial stability of the company, and the policy limits. 

You should also consider the customer service record of the insurer and the ease of use of their website and claims process. 

By taking all of these factors into account, you can be sure to choose an insurer that will provide the coverage you need at a price you can afford.