Auditor Liability Insurance

Affordable Small Business Insurance 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.

Don’t see your service listed above? Don’t worry, our experienced agents may still be able to tailor a policy for your specific needs.

Coverage Details

*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
– Architects
– Surveyors
– Healthcare providers
– Lawyers
– Insurance agents or brokers
– Real estate agents or brokers
– Civil or structural engineers

Qualified Agents

Insurance Canopy has more than ten years of experience in the insurance industry. Each one of our agents is experienced and licensed; you can trust them with any of your questions and concerns regarding your policy. Our team can provide you a quote with a fast turnaround time, so you can focus on more important things.

Broaden your Coverage with Endorsements

If you don’t see something in the basic coverage that you would like added to your policy, Insurance Canopy offers different endorsements for each policy. At checkout, you will have the option to add any of our endorsements to your policy.

Enjoy the Flexibility of Insurance Canopy

Insurance Canopy lets you set the effective policy date. When you purchase a policy from Insurance Canopy, you receive a proof of insurance badge so you can show your clients that you’re credible and professional. You have the option to purchase a policy monthly or annually. You can also cancel your policy at any time. Feel free to ask our insured agents any questions you may have.

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.

Bodily injury, property damage, and personal & advertising injury claims that you become legally liable to pay due to your negligence and to which the insurance coverage applies.

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.

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    Exclusions

    This policy is not designed to cover:

    • Industrial control engineers
    • Defense contractors
    • Medical software companies
    • Crypto exchanges
    • Gambling platforms
    • Physical security system installers
    •  Heavy equipment integrators

     

    Not available if you manage or control systems involving:

    • Pressure or ventilation systems
    • Fire suppression or explosives
    • Hazardous materials
    • Radiation or pharmaceuticals
    • Water supply or waste management
    • Energy, fuel, mining, construction
    • Environmental systems
    • Aircraft, drones, spacecraft
    • Watercraft, trains, automobiles, motorcycles
    • If you build firmware or embedded software controlling industrial physical equipment.
    • If you support:
    • Military operations
    • National defense
    • Homeland security
    • Law enforcement
    • Weapons
    • Anti-terrorism
    • Public safety
    • Surveillance
    • Crime detection
    • Emergency response
    • Physical security systems
    • If more than 25% of your revenue comes from:
      • Federal government work
      • Military or defense operations
    • If more than 50% of your revenue comes from:
    • Equipment installation
    • Maintenance
    • Physical service work



    Restricted if you work in:

    • Ride-sharing platforms
    • Equipment sharing platforms
    • For-rent-by-owner platforms
    • Help-for-hire platforms
    • Delivery services
    • Banking or financial services
    • Cryptocurrency / blockchain / NFTs
    • Geospatial mapping / aerial photography
    • GPS systems
    • Gambling or gaming
    • Dating or sexually suggestive content
    • Violence-related content
    • Alcohol, marijuana, CBD
    • Tobacco / nicotine / e-cigarettes
    • Flammable or electrical products
    • Food-related services

    Our licensed, U.S.-based agents are here for you from 8 a.m. to 8 p.m. Eastern, Monday through Friday, so they can enjoy evenings and weekends with the people who matter most.