Thanks Paul, I'm actually working directly with the client, not with a firm. It's my assumption that the client requires the insurance so that, in case I really messing something up, there's some money potential in a lawsuit beyond my company assets (which feels like a weird foot to get off on with a new client, but I guess that's how the big guns do it?).
Thanks, Chadwick On Jul 18, 2012, at 9:18 AM, Paul Menard wrote: > Chadwick, > > Disclaimer: you should probably consult an attorney or someone familiar with > contracts. > > I've been a self-employeed developer for hire since 2006 and just was looking > into liability insurance this Spring. Mainly because I was getting into > larger and larger projects. And those clients are very strict on timelines > and budget. You can just do a google search for 'Professional Liability > Insurance' and find all sorts of underwriters. The purpose of you having > insurance is to limit your liability should you be sued. > > I think it is strange that your client as telling you that you have to have > liability insurance in order to be a contractor for them. If this is an > agency who works with their own clients then they might have something else > in the contract to the effect that they are not responsible for your actions > regarding their client. Sort of a way to pre-exclude themselves from damages > should their client sue them. So they are basically saying you will take the > heat if something goes wrong. > > Again, I would seek out someone to review the full contract like an attorney. > And or just pass on the client unless they are really lucrative. > > P- > > > > > > On Jul 18, 2012, at 9:48 AM, Chadwick Wood wrote: > >> Hi all, >> >> I'm a web developer, and a prospective client (large organization) has sent >> me their standard contract, and in it they require contractors they work >> with to carry Commercial General Liability Insurance as well as Errors & >> Omission insurance. Have any of you run into this before? This is my first >> time in 5+ years of doing this work. Does anyone have any info about it? >> I'm not sure whether to push back on having that requirement dismissed (not >> likely), or if I do buy it, how to go about shopping for it. >> >> Thanks! >> Chadwick Wood >> http://coffeeshopped.com/ >> >> -- >> Our Web site: http://www.RefreshAustin.org/ >> >> You received this message because you are subscribed to the Google Groups >> "Refresh Austin" group. >> >> [ Posting ] >> To post to this group, send email to [email protected] >> Job-related postings should follow http://tr.im/refreshaustinjobspolicy >> We do not accept job posts from recruiters. >> >> [ Unsubscribe ] >> To unsubscribe from this group, send email to >> [email protected] >> >> [ More Info ] >> For more options, visit this group at >> http://groups.google.com/group/Refresh-Austin > > > -- > Our Web site: http://www.RefreshAustin.org/ > > You received this message because you are subscribed to the Google Groups > "Refresh Austin" group. > > [ Posting ] > To post to this group, send email to [email protected] > Job-related postings should follow http://tr.im/refreshaustinjobspolicy > We do not accept job posts from recruiters. > > [ Unsubscribe ] > To unsubscribe from this group, send email to > [email protected] > > [ More Info ] > For more options, visit this group at > http://groups.google.com/group/Refresh-Austin -- Our Web site: http://www.RefreshAustin.org/ You received this message because you are subscribed to the Google Groups "Refresh Austin" group. [ Posting ] To post to this group, send email to [email protected] Job-related postings should follow http://tr.im/refreshaustinjobspolicy We do not accept job posts from recruiters. [ Unsubscribe ] To unsubscribe from this group, send email to [email protected] [ More Info ] For more options, visit this group at http://groups.google.com/group/Refresh-Austin
