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Professional Liability

In today’s highly litigious world, accountants can’t afford to be without robust professional liability insurance. Hanover Accountants Professional Advantage provides broad protection against the financial damage of a claim or lawsuit resulting from allegations of errors or professional negligence.

Target Appetite

Hanover Accountants Professional Advantage targets a wide range of accounting professionals and small, mid-sized and top 100 firms, including:

  • Accountants
  • CPA Firms
  • Bookkeepers
  • Tax Preparers
  • Enrolled Agents

Product Offerings

CPAs and accounting professionals need a professional liability insurance solution that will keep up with the modern risks they face in today's dynamic business environment. That's why we redesigned our stand-alone Hanover Accountants Professional Advantage solution to meet their evolving needs. Key coverages and policy features built-in to our base coverage form include:

  • Broad definition of professional services includes any advice given or services performed
  • Professional services
  • Personal injury
  • Employment practices liability and discrimination
  • Privacy and security liability
  • Pre-claim assistance
  • Disciplinary proceedings
  • Subpoena assistance
  • Crisis event

Additional policy features include:

  • Claims made and reported
  • Broad definition of insured includes predecessor and affiliated firms, temporary and leased employees, spouses, domestic partner, legal representatives, independent contractor, and more
  • Limits of liability ranging from $25,000/$50,000 up to $10 million/$10 million for select firms
  • Definition of damages includes pre and post judgment interest and punitive and exemplary damages
  • First dollar defense and $10,000 first dollar defense options available
  • Claims expenses available inside or outside limits of liability, plus an option for unlimited expenses outside the limits
  • Self-insured retention option available for large firms
  • Variety of deductible options starting at $0

Plus, our new professional liability enhancement endorsement includes nine supplemental coverages:

  • Cancelled conferences
  • Counseling support
  • Emergency web hosting
  • Pet boarding
  • Real estate emergency consulting
  • Replacement of key officers
  • Temporary meeting space
  • Travel disruption due to terrorism
  • Workplace violence counseling

Effective dates

  • AL, AZ, CO, CT, DE, FL, IA, ID, IN, KS, MD, ME, MI, MN, MS, MT, NC, NE, NH, NJ, NM, NV, OK, OR, PA, SC, SD, TN, TX, UT, WI, WV, WY—effective 4/10/2020 for new business and 6/1/2020 for renewals
  • AR, HI, KY, LA, MO, ND, NY, OH, RI and WA—effective 6/12/2020 for new business and 8/6/2020 for renewals
  • CA—effective 6/1/2020 for new business and renewals
  • AK, VT—effective 8/7/2020 for new business and 10/1/2020 for renewals

Additional states to follow. Contact your accountants professional liability underwriter for more information.

In addition to our professional liability solution, The Hanover can offer coordinated property, casualty and management liability coverage that your clients need to be fully protected, such as:

Program solutions

We can develop professional liability programs in any segment where you have either an existing book of business or a chance to grow. We work with retail agents, managing general agents and associations to build specific product solutions for all types of homogeneous groups with similar coverage needs, from start-ups and established programs to small, mid-size and large programs and accounts, including expertise in risk purchasing group formation.

Learn more about The Hanover's program offerings and view sample programs.

Contact Us

Contact a member of our team who can help you develop tailored management and professional lines solutions for your clients.

Jon Martin
VP, Distribution Management
MI, OH
269-240-8118
jonmartin@hanover.com

Aaron Brown
Regional Distribution Director
AZ, CA, ID, MT, NM, NV, OR, UT, WA, WY
949-202-8559
cabrown@hanover.com

Adam Bennett
Regional Distribution Director
CO, IA, IL, IN, KS, KY, MN, MO, ND, NE, SD, WI
952-484-8907
abennett@hanover.com

Jim Cramer
Regional Distribution Director
AR, KS, LA, MO, OK, TX
469-318-5153
jcramer@hanover.com

Margaret Teta
Regional Distribution Director
CT, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT
860-597-7967
mteta@hanover.com

Shannon Juedeman
Regional Distribution Director
AL, FL, GA, MS, NC, SC, TN, VA, WV
678-230-2514
sjuedeman@hanover.com


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All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates. Coverage may not be available in all jurisdictions and certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Please refer to the actual policy issued for complete details of coverage and exclusions. For more information about The Hanover visit our website at www.hanover.com.