Insurance for Accountants & Tax Agents

Prepare for the unexpected with business insurance.

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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 claims costs like errors, a third-party injury, and legal expenses.

Errors in your work, 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? 

You may be required to have business insurance to do things like:

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Lease office space

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Pay legal costs if you face a claim.

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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:

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Types of cover we offer accountants & tax agents

BizCover has insurance options for accountants & tax agents
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:

Public Liability Insurance

Covers legal fees and repair costs if you accidently cause:

  • Damage to someone else’s property
  • Injury to a client or member of the public (not covered by ACC)

Professional Indemnity Insurance

Covers costs of claims from a customer alleging you:

  • Made a miscalculation
  • Lost documentation
  • Failed to meet a deadline
  • Gave incorrect advice

Other Covers

Statutory liability
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
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?

Your small business is unique. That means you might face different risks than other businesses and may pay a different price for your cover.
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

Expected average cost

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.

6 cover levels to choose from

  • $1M
  • $20M

11 cover levels to choose from

  • $250K
  • $10M

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.

Expected average cost small businesses to pay

Expected average cost small businesses to pay

*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.

6 cover levels to choose from

  • $1M
  • $20M

11 cover levels to choose from

  • $250K
  • $10M

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.

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

Martin

Gardener from

Christchurch

Saved

$2,000

on

Public Liability, Statutory Liability

& Employers Liability

Vicki

Management Consultant

from Napier

Saved

$1,500

on

Professional Indemnity &
Public Liability

Ian

Plumber from

Picton

Saved

$600

on

Public Liability&
Statutory Liability

Yvonne

Councellor from

Rotorua

Saved

$100

on

Public Liability &
Professional Indemnity

^ Savings made from January 2023 to July 2024. 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.

Hear from our customers

BizCover NZ Rating 4.7/5 on 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.

Easy to choose

Pavan K

Easy to choose business insurance. The search and the options provided were very simple and straight forward, didn’t expect it to be that easy.

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.