Ontario Accountant’s Insurance

Specialized insurance coverages for Ontario accounting firms

Accountants and accounting firms face unique risks that go far beyond the numbers. From client data breaches and professional errors to unexpected office disruptions, even a small incident can result in significant financial and reputational loss. That’s why specialized insurance for accountants in Ontario is so important.

Insurance products protect against these specific accounting services through products that cover negligence and malpractice and meet all CPA requirements. The right coverage protects not only your office space and equipment, but also your professional services, your income, and your clients’ trust.

Below are the key types of insurance Ontario accountants should consider when building a policy tailored to their practice.

• Property Coverage – Can be broken down into more specific coverages however in general will insure property and contents that you own. Examples can be business contents, office furniture and equipment.
• Business Interruption – Protects your business from financial instability by covering lost income in the event of a covered loss.
• Commercial General Liability – Protects you against third party claims of property damage or bodily injury that may occur at a job site or your own location
• Professional Liability – Essential for accountants, this protects against claims of professional negligence, errors in financial reporting, or failure to deliver services as promised that result in client losses. Learn more about E&O coverage for accountants.
• Cyber Liability – With accountants handling sensitive client and financial data, cyber liability insurance protects your business if you experience a cyberattack, data breach, or ransomware incident. It helps cover response costs, data recovery, notification requirements, and potential lawsuits.
• Crime Insurance – Protects against financial loss caused by employee dishonesty, fraud, forgery, or theft – risks that are especially relevant in financial services.

Not every accounting practice needs all of these coverages, but reviewing your operations with an Acera Insurance broker in Ontario will ensure your policy is customized to fit your firm’s exact risks.

Why choose Acera for your accountant’s insurance in Ontario?

Acera Insurance has been a trusted insurance partner for Canadian professionals for more than 60 years, and we’re proud to support accountants and accounting firms across Ontario. Our clients count on us for our high standard of customer service, personalized advice, and hands-on approach to risk management.

With access to a wide network of insurers, our experienced brokers can provide competitive, customized accountant insurance quotes that align with your practice’s unique needs – from professional liability coverage to protection for office space, staff, and sensitive client data.

More than just insurance brokers, we act as your advocates and advisors. Whether you’re a sole practitioner or managing a mid-sized accounting firm, we’re here to guide you, protect your business, and help your practice thrive with confidence.