Bookkeeping Insurance Designed For Freelancers And Small Firms 
What types of insurance does a bookkeeper need?
Protect Your Practice with Affordable Bookkeeper Insurance Coverage
Even the most accurate bookkeepers can face claims over errors, omissions, or client disputes. With tailored bookkeeping insurance, you gain protection against the financial risks that come with handling sensitive data and accounts. Whether you’re self-employed or part of a firm, bookkeeper insurance helps shield your business so you can focus on keeping others financially organized, with confidence.
Business Owners Policy Insurance
Business owners policy insurance bundles commercial property insurance and general liability insurance coverages into one affordable package for small and mid-sized companies.
Best for
Customer bodily injuries
Damaged client property
Repair stolen property
General Liability Insurance
General liability insurance is essential for small businesses looking to protect themselves against common risks like bodily injury, property damage, and legal claims.
Best for
Slip-and-fall accidents
Damage to a customer's property
Claims of advertising injury
Workers Compensation Insurance
Required by law in many states, workers compensation insurance helps cover medical expenses, lost wages, and rehabilitation costs for on-the job injuries
Best for
Injuries sustained while working
Work-related illnesses
Medical expenses and rehabilitation costs
Professional Liability Insurance
Professional liability insurance, also known as errors and omissions insurance, is designed to protect your small business from claims of negligence, missed deadlines, or unsatisfactory work.
Best for
Claims of missed deadlines
Lawsuits of inaccurate advice
Claims of misrepresentation
Cyber Insurance
Cyber insurance protects against the financial fallout of stolen data, system outages, and regulatory fines. It's strongly recommended if your businesses handles credit card numbers, email addresses, and other personal information.
Best for
Protect against hacking
Covering breach notification costs
Protections against malware
Commercial Auto Insurance
Commercial auto insurance covers the cost of accidents involving a vehicle owned by your business. Most states require this coverage for vehicles owned by a business.
Best for
Bodily injury in accidents
Property damage in accidents
Protections against uninsured motorists
Key Bookkeeper Insurance Policies
Bookkeeper insurance helps protect your business from financial errors, data breaches, and client disputes. Key coverages often include:
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Errors & Omissions (E&O) Insurance – Covers claims tied to bookkeeping mistakes, omissions, or client losses.
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General Liability Insurance – Protects against third-party property damage or injury during in-person meetings.
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Cyber Liability Insurance – Essential coverage for breaches, ransomware, or lost client data.
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Business Owners Policy (BOP) – Combines liability, property, and business interruption coverage for firms with office space.
The best way to find your bookkeeping insurance is to get a free, online quote in minutes!
Understanding Risks for Bookkeepers
Bookkeeping may not seem high risk, but today’s digital-first environment brings new challenges:
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Cybersecurity Threats – Cloud-based systems and digital records make bookkeepers prime targets for hackers.
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Regulatory Changes – Shifting tax laws and compliance rules increase the risk of accidental errors.
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Client Disputes – Even minor miscalculations can spark costly claims and reputational damage.
Having the right bookkeeping insurance in place ensures you’re prepared to meet these challenges head-on.
How to Choose the Right Bookkeeping Insurance
Your coverage should reflect how you work:
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Solo Bookkeeper? Prioritize E&O and cyber protection.
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Small Firm? Add workers’ comp and a BOP for office-based risks.
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High-Value Accounts? Ensure higher E&O limits for greater financial protection.
At Gild, we help you assess your business model, evaluate exposures, and build a policy package that matches your unique risks.
Count on Fast Support for Your Business When the Unexpected Happens
When an incident affects your business, you deserve support that works as hard as you do. Gild’s Claims Concierge helps you navigate the business insurance claims process with speed, clarity, and confidence.
Our team works alongside you to:
- File and manage claims efficiently to minimize downtime and stress.
- Coordinate directly with your insurance provider for faster resolutions.
- Connect you with trusted repair and recovery partners to restore operations quickly.
Our goal is simple: get you back to serving clients and growing your business as quickly as possible. We’re here to keep you steady, supported, and ready for whatever comes next.
Get The Best Bookkeeping Insurance Today!
Your clients trust you with their finances. Gild Insurance helps keep your business just as secure with tailored bookkeeping insurance that protects against errors, disputes, and cyber threats, so you can stay focused on keeping others organized.
Frequently Asked Questions
To safeguard your bookkeeping business, consider the following essential coverages:
- Professional Liability (E & O) — Protects against claims for errors, omissions, or oversights in your financial recordkeeping.
- General Liability — Covers incidents like a client injury at your desk or damage to client property during a site visit.
- Cyber Liability Insurance — Critical for defending against data breaches, ransomware, and privacy violations involving client records.
- Business Owner’s Policy (BOP) — Bundles liability and property coverage, typically including income protection during business interruptions.
- Workers’ Compensation Insurance — Required if you employ staff; protects against workplace injuries.
Together, these policies form a robust safety net, letting you focus on crunching numbers—not covering risks.
Is professional liability insurance required for bookkeepers?
Yes! This coverage is increasingly essential:
- Many bookkeepers operate in high-stakes financial environments, where contract terms or client expectations often mandate errors & omissions protection.
- Even where not legally required, E&O insurance prevents errors—from miscoded entries to missed filings—from turning into career-threatening lawsuits.
How much does bookkeeping insurance cost?
On average, Gilders pay between $500-$1200 a year for protection.
Cost can vary depending on your:
- Location
- Size
- Value of Equipment and Tools
Gild will work with you to find the right tailored coverage that fits your budget and your needs.
Does bookkeeping insurance cover cyber and data breach risks?
Absolutely! When you include the right coverage:
- Cyber Liability Insurance addresses costs from data breaches or cyber-attacks, including legal fees, recovery, notifications, and credit monitoring.
- Given the sensitive personal and financial data handled by bookkeepers, this coverage isn’t optional—it’s essential.
In today’s digital age, cyber protection keeps your business—and your clients—secure from evolving threats.
Let's Protect Your Expertise Today!
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