Insurance for Accountants & Tax Agents
Prepare for the unexpected with business insurance.
Up to $10m Professional Indemnity cover
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Compare Quotes
From multiple insurers
Save Time
Buy online in minutes
Save Money
Switch and save
Instant Cover
Delivered to your inbox
On this page:
What is accountants & tax agents insurance?
Business insurance helps accountants & tax agents protect their growing businesses. Depending on the cover you choose, it could help you manage the financial loss associated with claims like errors, omissions, and miscalculations, defence costs, and other legal fees.
Offering the wrong advice, a breach of certain laws, a cyber-attack – the potential troubles for accountants & tax agents never end.
Situations like these (and many others) could create unplanned expenses for your business. If paying these out of pocket would be the end of your business, it may be time to consider business insurance.
Why might accountants & tax agents need insurance?
The New Zealand Institute of Charted Accountants requires members to hold a Professional Indemnity insurance policy at an appropriate level of cover for the scale of services offered. You may also be required to have a policy to do things like:
To meet the insurance requirements of accounting industry associations
Lease office space
Pay legal costs if you face a claim.
Work with specific clients.
Types of accountants & tax agents we cover
Every business is different, that’s why BizCover offers business insurance options to cater to your needs.
We cover a range accountants & tax agents, including:
What does your business do?
Search your occupation, compare cover, and buy online in minutes.
Save time & money by buying online in minutes.
Types of cover we offer accountants & tax agents
Weather you are a sole practitioner or an accounting firm with multiple employees, BizCover has insurance options for your business. Tailor your quote to your business, compare cover, and buy online in minutes.
Unsure what types of business insurance to get? We’ve got you! Here’s what other accountants & tax agents tend to choose:
Popular cover types for accountants & tax agents:
Accountants & tax agents could also consider:
Other Covers
Statutory Liability
Statutory Liability Insurance
Covers you for an unintentional breach of key NZ business legislation, including:
- Legal and defence costs
- Fines and penalties
Cyber Liability
Cyber Liability insurance
Covers your business from legal costs and expenses caused by cybercrime incidents such as:
- Data breaches
- Extortion
- Forensic investigation
- Business interruption
Employers Liability
Employers Liability Insurance
Covers you against claims related to employee workplace injuries (when not covered by ACC) including costs such as:
- Legal and defence
- Compensation costs
How much does accountants & tax agents insurance cost?
Protecting you Accounting business can start from as little as $16 per month with a Professional Indemnity policy.
With BizCover, insurance can be tailored to fit the size, risks, and needs of your business.
The prices are real, get that new policy feel
Public Liability
$85.06/mo*
Expected average cost
Professional Indemnity
$15.94/mo*
Expected average cost
How is the cost of insurance calculated?
Risks of the industry
Cover level amount
Annual turnover
Number of employees
Claims history
*Customer Average Monthly Payment Report is based on 1 July 2023 to 30 June 2024 and presented as a guide only. It may not reflect pricing for your particular business, as individual criteria will apply
Get cover that works with the risks of your business
Select different cover amounts for each policy listed below.
This is the most you will be paid out if you need to make a claim.
Unsure how much to choose? Think about:
Statutory Profession Requirements
Cover required by contracts
Number of employees being covered
Your contract value
Worst case scenario claim size
Underinsurance
We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.
Ways underinsurance catches business owners out:
Inflation
With inflation, the cost of living and doing business increases. Remember to cover you, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.
Not covering the full cost of your risks
If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.
Public Liability
$85.06/mo*
Expected average cost small businesses to pay
Professional Indemnity
$15.94/mo*
Expected average cost small businesses to pay
Factors influencing cost
Your Industry
Required Coverage
Your Turnover
Number of Emplyees
Claims History
Click here to check industry wise average prices
*Customer Average Monthly Payment Report is based on 1 July 2023 to 30 June 2024 and presented as a guide only. It may not reflect pricing for your particular business, as individual criteria will apply.
Get cover that works with the risks of your business
You can select from 5 different levels of cover.
This is the most you will be paid out if you need to make a claim. Choosing different cover levels may impact the cost of your policy.
Unsure how much to choose? Think about:
Statutory professional requirements
Cover required by contracts
Number of employees being covered
Your contract value
Worst case scenario claim size
Underinsurance
We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.
Ways underinsurance catches business owners out:
Inflation
With inflation, the cost of living and doing business increases. Remember to cover you, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.
Not covering the full cost of your risks
If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.
How it works – buying online
5 easy steps to get instant cover online today.
Select Profession
Pick Your Covers
Add Business Details
Compare Quotes
Get Covered Online
Search your
Occupation
Choose your
Cover(s)
Enter Business
Details
Compare
Quotes
Get Covered
Today
How it works – making a claim
We’ll assist you through the claims process & manage your claim directly with the insurer.
Let us know Fill out our claims form and provide info to support the claim
Receive extra support We will assist you with your claim
Claim results We will notify you of the claim outcome.
Let us know Fill out our claims form and provide info to spport the claim
Receive extra support We will assist you with your claim
Claims results We will notify you of the claim outcome
Our Insurers
We work with a selected group of trusted NZ insurers to offer you great cover.
The savings are real
See how much others have saved while purchasing policy through Bizcover
Chetan
An Accountant
from Auckland
Saved
$2000
on
Professional Indemnity insurance
Ivan
An Accountant
from Auckland
Saved
$200
on
Professional Indemnity insurance
Fran
An Accountant
from Christchurch
Saved
$1800
on
Professional Indemnity, Public Liability, Employers, and Statutory Liability insurance
Hector
An Accountant
from Auckland
Saved
$800
on
Professional Indemnity insurance
Margret
An Accountant
from Auckland
Saved
$1000
on
Professional Indemnity insurance
^ Savings made from February to July 2025. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply.
What sets BizCover apart?
We are not just a comparison and buy site.
Make Claims Online
We’ll manage the process on your behalf with the insurers.
Flexi Payment Options
Pay monthly or annually, cancel at any time.
One Stop Shop
Manage multiple cover types in one place.
Easy Renewals
Optional automatic renewal to stay protected.
15000+ NZ
small business covered
Hear from our customers
Real-life customer reviews verified by Feefo
Efficient
Trusted Customer
Efficient and great price
Quoted and bought insurance online, very quick and a great price.
Definitely worth
Burnett B
BizCover is definitely worth their word. Quick easy understandable cover
Straight forward
Trusted Customer
It is very straight forward and easy to understand and you can choose whatever you need for your business.
Fast, friendly and efficient
Kylie T
The customer service agent was excellent. He explained to me clearly all the questions I had. Can’t be beat on price for the policy I needed and I was contacted within half an hour of my enquiry. Policy was confirmed on the phone. Excellent.
Frequently asked questions
Professional Indemnity insurance may be a joining requirement for certain industry associations. For example, the New Zealand Institute of Charted Accountants requires members to hold a Professional Indemnity insurance policy at an appropriate level of cover for the scale of services offered.
Professional Indemnity insurance is designed to protect you and your business from any losses which may arise from any errors and omissions which may happen across your accounting or tax services.
