What does professional liability insurance cover for health care providers in Colorado?

Professional liability insurance, also known as malpractice insurance, specifically covers health care providers against claims of negligence, malpractice, or wrongful actions that arise in the course of their professional duties. This type of insurance is essential for healthcare professionals, as it protects them from legal claims made by patients or their families who believe they have suffered harm due to inadequate care or professional misconduct.

In Colorado, like in other states, malpractice claims can involve a variety of issues, such as improper treatment, failure to diagnose a condition, surgical errors, or any failure in the standard of care expected from a competent healthcare provider. Because of the unique risks associated with the healthcare profession, professional liability insurance is designed to address these specific concerns and provide a financial safety net for providers facing such claims.

The other options relate to different types of insurance altogether: property damage incidents are generally covered by property insurance, auto accidents fall under auto insurance, and workers' compensation claims are specific to employee injuries that occur on the job, which are covered by a separate workers' compensation policy. Each type of insurance focuses on different risks and liabilities, illustrating why professional liability insurance is uniquely suited to healthcare providers facing claims related to the care they provide.