[TriLUG] OT: getting liability insurance

Matt Frye mattfrye at gmail.com
Sun Aug 3 16:17:07 EDT 2008


On Sun, Aug 3, 2008 at 11:25 AM, Steve Litt <slitt at troubleshooters.com> wrote:
> I don't take contracts requiring the signature of an indemnification clause, a
> noncompete clause, or my providing insurance. Yeah, I lose a few contracts,
> but all those things are contingent liabilities that last decades. Who needs
> the worry.
>
> If the customer insists, I'd personally charge them the entire cost of a
> year's liability insurance. If they balked, I'd walk.
>
> SteveT

That's a pretty hard line.  To each his own, but I've never had a
potential client that was worth losing over a lousy few hundred bucks
per month.

Noncompetes are a totally different issue.

MPF



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