Why do I need bookkeepers' insurance?

As a bookkeeper you’re responsible for keeping accurate and up-to-date financial information about a business. You’re always keeping tabs on things and taking the pulse of the businesses you work for.

When you’re in control of your client’s sensitive financial information, mistakes can still happen. If a client of yours suffers a financial loss or any negative impact as a result of your analysis or advice, we’ll help you defend your business against a claim. Without insurance, your business will be financially responsible for handling claims.

Why is bookkeepers insurance important?

Bookkeepers' insurance is important to protect your business’ financial stability in the case of claims being made against you. Defending claims can be a costly process, and without bookkeepers' insurance your business could be liable for these costs. It’s also important to protect any employees you have, as well as your businesses assets.

What Does Bookkeepers’ Insurance Cover?

At AXA, there are various covers we offer to protect your bookkeeping business. Bookkeepers’ insurance is there to protect you and your business from claims made against you. Our policies are tailor made to suit your business. Choose from:

Professional indemnity insurance is the backbone of most business insurance policies for bookkeepers as it protects you if a client loses money as a result of negligence in your advice or analysis.

Public liability insurance offers you cover against accidental injury in the workplace, or if someone’s property is damaged due to your business’ activities or products. We’ll cover you for up to £5 million as standard under our policy.

Business equipment insurance is an added cover that offers you protection for essential technology or equipment you might need to carry out your work. So, whatever your equipment you need to help you do your best work, you can protect it with this add-on.

Employer’s liability insurance is a legal requirement for all businesses with employees, as it’s there to protect your employees in case they get injured and fall ill as a result of working for you. We know that employees are the backbone of your business and that’s why we’ll pay up to £10m for compensation and legal costs to defend a claim made against the insured.

How much is business insurance for bookkeepers?

When it comes to the cost of your insurance, there’s no one size fits all. There are many factors that go into determining the price you pay, but our cover is tailored to your business’s needs. Meaning you’ll only ever pay for the cover you need. The quickest way to find out your price? Get a quote online today.


What is professional indemnity insurance for bookkeepers?

Bookkeepers interact with clients for a living, looking after their finances and giving advice. Professional indemnity insurance can help protect you in those cases where a claim is made against you because a client is dissatisfied with your work, or has suffered a financial loss.

With our professional indemnity insurance, you’ll have a choice of cover level (up to £5 million), with specialist policies available for accountants and many more professions.



What insurance do I need as a bookkeeper?

With AXA, you can pick and choose these covers to build an insurance policy that suits you, that way you only ever pay for the protection you need.

Professional indemnity insurance

Up to £5m to protect advice and recommendations you provide.

Find out more

Contents insurance

Accidental damage cover for your contents, and access to a 24/7 helpline.

Find out more about van insurance

Legal expenses insurance

£1 million cover for specialist legal support, a 24/7 legal advice helpline and specialist options – simply add to any of our core covers for additional protection.