PUBLIC LIABILITY INSURANCE FOR Accountants

Do Accountants need Public Liability Insurance?

Yes, accountants in Australia may need public liability insurance. Public liability insurance provides coverage for any third-party claims for property damage, personal injury, or other losses that may arise as a result of the accountant’s work. This type of insurance is important for accountants, as they provide financial advice and services that could potentially result in financial loss for their clients.

However, the need for public liability insurance may depend on the type of services provided by the accountant. For example, if an accountant only provides bookkeeping services, their risk of causing damage or loss to a third-party may be relatively low, and they may not require public liability insurance. On the other hand, if an accountant provides more complex services such as tax advice or financial planning, the need for public liability insurance may be higher.

It’s important for accountants to assess their level of risk and determine whether public liability insurance is necessary for their particular business. Some professional accounting associations may also require their members to have professional indemnity insurance, which provides coverage for claims arising from professional advice or services.

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We make it easy to get Accountants public liability quotes, get started below.

Why do Accountants need Public Liability insurance?

Here are five reasons why accountants may need public liability insurance in Australia:

1.Protection against third-party claims: Public liability insurance provides coverage for any third-party claims for property damage, personal injury, or other losses that may arise as a result of an accountant’s work. This is important because accountants provide financial advice and services that could potentially result in financial loss for their clients.

2. Legal compliance: Some professional accounting associations require their members to have professional indemnity insurance, which provides coverage for claims arising from professional advice or services. In addition, accountants who operate as sole traders or run their own accounting practice may be legally required to have public liability insurance in order to obtain or maintain their business license.

3. Peace of mind: Having public liability insurance can give accountants peace of mind knowing that they are protected in the event of an unexpected claim. This can allow them to focus on their work without worrying about the financial impact of a potential claim.

4. Protection of business assets: If an accountant is held liable for damages or losses as a result of their work, they may be required to pay compensation or legal costs. Without public liability insurance, this could result in the loss of business assets or even bankruptcy.

5. Competitive advantage: Having public liability insurance can be a competitive advantage for accountants when bidding for jobs or seeking clients. Many customers and businesses require proof of insurance before hiring an accountant, so having public liability insurance can help accountants win more contracts and grow their business.

INSURERS COMPARED INCLUDE AIG, ALLIANZ,  CGUHOLLARDQBEVERO, AND ZURICH*.

Compare Quotes for Accountants Public Liability Insurance

Public Liability Comparison helps Accountants find cheaper public liability quotes by comparing Australia’s top insurers. Compare quotes for Accountants in NSW & Sydney, SA & Adelaide, ACT & Canberra WA & Perth, Vic & Melbourne and throughout rural Australia.



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  • We do the hard work for you by comparing quotes from multiple insurers for your liability insurance.

  • We manage the entire claim. We work for you, not the insurer – to get you the outcome you deserve.

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Insure 247 IconInsure 247

8/328 Scottsdale Drive, Robina

4.7 171 reviews

  • Avatar Esteban Gimeno ★★★★★ 10 months ago
    Great team! Awesome costumers service and competitive prices! I been working with Caleb and my experience has been great at all time.
  • Avatar moey Zahedi ★★★★★ a year ago
    I have spoken to corey about taking an insurance for my business he was very helpful he is honest. He explains everything about which insurance is good for your business he doesn't waste your time and straight forward person
    I would
    … More recommend them for any tradie.
    Corey is the man to speak to about your insurance.
    Thank you very much mate
    Kind regards SZ
  • Avatar Claudia Bejenaru ★★★★★ a year ago
    Working with Karen at Insure 247 was a great experience: clear and swift communication and great service for our company's needs. Karen was very accommodating and understood exactly what we were looking for. Highly recommend.

Publicliabilitycomparison.com.au by Insure 247 Ausure Insurance Brokers Pty Ltd T/as Insure 247 Authorised Representative of Ausure Pty Ltd AFSL 238433. 
General Advice Warning: Please be aware that any advice that may have been given or implied is general advice only. We have not taken into consideration your individual needs, objectives or financial requirements. Before deciding to purchase a financial product, you should consider the appropriate Product Disclosure Statement to ensure the product is suitable for your needs. 

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