What type of insurance is recommended for travel agents?

Errors and omissions insurance is highly recommended for travel agents as it protects them against claims arising from mistakes or negligence in the services they provide. In the travel industry, agents can be held liable if a client suffers a loss due to an error in bookings, missed flights, or incorrect information provided about travel details. This type of insurance covers the legal costs associated with defending against these claims, as well as any settlements or judgments that may result from lawsuits.

In contrast, general liability insurance primarily covers bodily injury and property damage claims, which may not address the specific liabilities that travel agents face. Property insurance, while useful for protecting physical assets, does not cover professional liabilities related to services provided. Travel insurance, on the other hand, is typically purchased by travelers themselves to protect against unexpected trip-related issues such as cancellations or medical emergencies, rather than serving the needs of the travel agent as a business professional. Therefore, errors and omissions insurance stands out as the essential coverage for travel agents.