Professional Services · Minnesota
Minnesota Accountant & CPA Insurance
Minnesota CPAs and accounting firms need professional liability (E&O) coverage for errors, omissions, and negligent advice that leads to client financial loss. As a MN-licensed independent broker, I find accountant and CPA insurance for MN firms that covers professional E&O, cyber liability for client financial data, and general business liability.
What accountant and CPA insurance covers
CPAs and accounting firms in Minnesota need professional liability (E&O) coverage for errors, omissions, and negligent advice that leads to client financial loss — a coverage need that grows as your client base and service scope expands.
Professional Liability (E&O)
Covers claims arising from accounting errors, tax preparation mistakes, audit errors, and financial advice that leads to client financial loss. The most critical coverage for any CPA or accounting firm.
Cyber Liability
Covers data breaches involving client financial data, tax return information, and business financial records — accounting firms hold some of the most sensitive client data of any professional service.
General Liability
Covers slip-and-fall injuries, client property damage, and bodily injury claims at your office or when visiting client locations.
Commercial Property
Covers your computers, servers, office furniture, and business equipment against fire, theft, and covered damage.
Employment Practices Liability
Covers wrongful termination, discrimination, and harassment claims from employees — relevant for accounting firms of any size.
Business Interruption
Covers lost fee revenue and ongoing expenses if a covered loss forces your firm to close temporarily — particularly important during tax season.
Why Dayton Insurance
An independent agent who works for you
Unlike captive agents who represent one company, I shop multiple carriers to find the right coverage at the right price for your Minnesota business.
Truly independent
I represent multiple top-rated carriers — not just one company. That means you get options, not a single take-it-or-leave-it quote.
Claims advocacy
When you file a claim, you have someone in your corner. I'll walk you through the process and follow up with the carrier so you don't have to fight it alone.
One agent, start to finish
From the first quote to renewal, you work with Nate directly. No call centers, no handoffs, no surprises at renewal.
Get your quote
Ready to get covered in Minnesota?
As an independent broker, I shop multiple carriers to find the right fit for your Minnesota business. Most commercial quotes come back within 2–3 business days.
Request a Free Quote
No forms, no fees — just a straightforward conversation about your coverage needs.
Common Questions
Frequently asked questions
What types of errors does CPA E&O cover in Minnesota?
CPA E&O covers tax preparation errors, incorrect financial statement preparation, audit failures, missed tax election deadlines, and financial advice errors. Basically any professional mistake that leads to a client's financial loss.
Does E&O cover IRS penalties resulting from my errors?
E&O policies vary on IRS penalty coverage. Some policies explicitly cover client penalties and interest resulting from preparer errors. I'll help you find a policy that clearly defines this coverage.
How much does CPA professional liability insurance cost in Minnesota?
CPA E&O in Minnesota typically runs $1,500–$6,000 annually for a small firm, depending on your annual revenue, services offered, and claims history. Larger firms with more complex services pay proportionally more.
Do I need cyber liability separately from my E&O?
Yes — E&O covers your professional errors, while cyber liability covers data breaches and system intrusions. They're separate exposures that typically require separate policies, though some carriers offer combined programs for professional services firms.