Insurance
Just curious what you carry for insurance. Just liability (I have seen General, Professional, and other types)? I have answered a few RFQs and they require a minimum $1M liability. I am meeting...
View ArticleInsurance
This has always been my fear when I say yes to doing side work for someone, clean up their PC, get them a new HDD, or whatever it may be. I have faith in my skills that I'm not going to indulge...
View ArticleInsurance
I carried an umbrella insurance policy when I had my business. It was pretty cheap. I believe I got it from Geico and $1M coverage was 99 dollars a year.
View ArticleInsurance
I carry a $1M umbrella policy as well, something like $300/year. I do not carry Professional Liability (like errors & omissions) but instead limit liability through my client contracts to the...
View ArticleInsurance
The paradox of insurance is that the more you carry, the more a target you are for a lawsuit. And insurance never wants to pay, so just because you have insurance doesn't mean that they will pay....
View ArticleInsurance
NeighborhoodIT wrote: Obviously something like gross negligence would still get me sued, but that's what the umbrella policy is there for. Would they pay out in that case?
View ArticleInsurance
Far more safety than an insurance policy is having a limited liability corporation relationship and good contracts.
View ArticleInsurance
Scott Alan Miller wrote: NeighborhoodIT wrote: Obviously something like gross negligence would still get me sued, but that's what the umbrella policy is there for. Would they pay out in that case?...
View ArticleInsurance
Scott Alan Miller wrote: Far more safety than an insurance policy is having a limited liability corporation relationship and good contracts. I know an LLC can provide some excellent coverage. So...
View Article
