Which type of insurance typically covers professional errors and omissions?

Professional liability insurance is specifically designed to protect professionals from claims arising due to errors, omissions, or negligent acts that occur in the course of their work. This type of insurance is crucial for professionals such as doctors, lawyers, accountants, and consultants, as it addresses risks related to the advice and services they provide.

Unlike general liability insurance, which covers bodily injury and property damage claims, or property insurance, which protects physical assets, professional liability insurance focuses solely on the professional services aspect. Additionally, workers' compensation insurance is intended to cover employees for work-related injuries or illnesses and does not apply to claims against professionals for their services. Therefore, professional liability insurance is the appropriate coverage for protecting against claims related to professional errors and omissions, making it the correct choice.