Professional Liability Insurance

Protect your firm from the staggering loss of time and hard-earned money that a lawsuit can cause. TXCPA has partnered with Pearl Insurance, who has been providing professional liability solutions for 65 years, to provide coverage you can count on and at an affordable price.

Complete our free quote form for a timely, no-obligation estimate.


Benefit Features

  • Competitive premium rates!
  • 5% risk management premium to firms of 1-9 accountants
  • 7.5% risk management premium to firms with 10 or more accountants
  • Available Cyber Security endorsement offering protection against nine Cyber perils, providing standalone limits in addition to access to the eRiskHub risk management portal.
  • Reputation Protection: covers unfavorable information made available through social media
  • No Consent to Settle Hammer Clause
  • Pro Bono Professional Services Coverage
  • Employee Dishonesty
  • Not-for-Profit D&O Coverage
  • Equity Interest Coverage
  • Net and Privacy Protection
  • $750 a Day for Lost Earnings
  • Multiple Limit Options

Equity Plus Preferred Endorsement — Exclusive in TX for TXCPA Members

  • Moonlighting for Tax Preparation for partners of the firm
  • Partners Extended Reporting Period
  • Coverage for IRS 7216 issues with $50,000 expense limits
  • Disabled Partner Replacement/addition of $20,000 for fees associated with hiring a qualified temp replacement
  • Multiple deductible waiver and reduction options up to $50,000 in the aggregate.

What Is Covered

  • Tax Engagements
  • Tax Planning
  • Bookkeeping
  • Write-ups
  • Reviews (optional)
  • Prior Acts protection is available
  • Compilations
  • Audit Work
  • Predecessor firm coverage
  • Independent Contractors
  • Notary public—if in connection with your accounting services

Frequently Asked Questions

Do I have to be a licensed CPA to purchase this coverage?

You do not have to be a licensed CPA to purchase this coverage. Accounting professionals (e.g., bookkeepers, tax preparers, etc.) who are not licensed CPAs may still be eligible for the program.

Do I need professional liability insurance?

If you are sued for doing your job, you need protection. Don't put your livelihood, reputation, and practice at risk. Insure your business at affordable rates from an A+ rated company provided by an agency who has been in business since 1954.

How much risk is involved with tax return preparation?

Currently, the leading cause of claims involves tax preparation. The fees involved with legal expenses and settlements can threaten the stability of your practice — not to mention take up your valuable time.

I am employed full-time, but want to purchase coverage for "side jobs." Do you offer that coverage?

Yes. We offer "moonlighting" coverage that will protect you for work you perform outside your full-time employment.

How long does it take to obtain a quote?

We are able to offer an underwriting decision within 1-2 business days of receipt of a fully completed submission.

I have already filled out a competitor's application for my renewal. Do I have to fill out a new application, too?

You may submit a completed competitor's renewal or new business application to us to receive an estimate or quote. You may be required to complete the AXA XL new business application if you wish to bind coverage with the AXA XL program.

Who underwrites this insurance?

Our A+ rated Accountants Professional Liability Plan is underwritten by Greenwich Insurance Company, a wholly owned subsidiary of AXA XL, a AXA Group Company.

What makes this plan the best value to me as a business owner?

Our Accountants Professional Liability Plan offers the most comprehensive coverage available in the marketplace. Value features of our program include A+ rated coverage, deductible reductions, risk management tools, and more!

The Best Offense Is a Good Defense

We're dedicated to helping you prevent the headache and hassle that comes along with professional liability claims. That's why our customers have access to a deep archive of risk management materials designed to help stop claims before they even start.

If you have professional liability coverage through TXCPA, just click the link below, log in, and enjoy the treasure trove of information on how to keep your career safe.

Read Now »

Don't have TXCPA professional liability coverage? No problem. You can still view a free sample of our risk management content by clicking below and filling out the form.

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Insurance Carrier

Underwritten by Greenwich Insurance Company, a wholly owned subsidiary of AXA XL, a AXA Group Company., our Accountants Professional Liability coverage is backed by exceptional financial stability and capability.


Get A Quote!

Complete our free quote form and your assigned sales representative will provide you with a no-obligation estimate.

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Contact Us

If you have any questions, please call:

800.845.8941

AXA XL is a division of AXA Group providing products and services through our four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. Coverage is underwritten by the following AXA XL companies: Greenwich Insurance Company and Indian Harbor Insurance Company. Not all insurers do business in all jurisdictions nor is coverage available in all jurisdictions. AXA, the AXA and XL logos are trademarks of AXA SA or its affiliates