Auditor Liability Insurance
Affordable Small Business Insurance Resource for Auditors
Auditing can be a difficult process and there are a lot of details to keep track of. Consider what would happen if you were sued because of errors or omissions in your audit. With Insurance Canopy, you can assess the specific risks associated with your type of contracting business and align the general liability insurance policy with your specific industry. Insurance Canopy customers can get instant coverage in minutes and get back to work.
|*Professional liability coverage is written on a claims-made policy form|
|General Aggregate Limit||$2,000,000|
|Professional & General Liability - Each Occurrence Limit||$1,000,000|
|Personal and Advertising Injury Limit||Included|
|Damage to Rented Premises Limit||Included|
|Computer Network Security Coverage||Included|
Policy Limitations & Other Considerations
The Auditor Liability Insurance program accepts most auditing classifications, with the following exclusions:
- Financial auditors, including accountants
- Healthcare providers
- Insurance agents or brokers
- Real estate agents or brokers
- Civil or structural engineers
Questions About Auditor Insurance
Auditor Liability Insurance provides commercial general liability and professional liability coverage to all eligible auditors who enroll.
Your insurance coverage is provided through an "A+ Rated" Lloyd's of London syndicate. Lloyd's has more than 300 years of industry experience.
The professional liability policy will pay damages and claim expenses arising out of a covered negligent act, error or omission in rendering or failing to render professional services.
Your insurance policy will go into effect immediately after your payment online is verified. Once we have received payment verification, you have access to your insurance certificate, add additional insureds, and manage your online account.
An RPG is a legal entity that is created for groups or persons, with similar related liability risks, that join together to take advantage of a joint insurance purchase. An RPG is not an insurance company and there is no additional risk assumed by the RPG members. The RPG allows the group to gather purchasing power to obtain insurance at a significant cost savings. Each member of the RPG will have their own limit of liability separate from other members of the group.