Do You Need Liability Insurance?

In General Aviation in the 80's and 90's it became too expensive to buy private aircraft due to the 'Finished Products Liability Insurance' cost. Make sure that adequate liability insurance is also procured from a reputed agency. Michigan is a mix of no-fault and standard liability insurance.

Underinsured motorist coverage will pay you money from your own automobile insurance policy if you have been hurt in a car accident by someone who was negligent for causing your injury and who had less liability insurance coverage than you did. Do they have professional liability insurance including errors and omissions? Some states and jurisdictions now require that you disclose to clients whether or not professional liability insurance is in place.

Some larger shows may require liability insurance. From a professional prospective, you should also obtain some level of PLI (Public Liability Insurance), as a business within the UK it is a requirement to have some minimum level of insurance cover in order to protect you in the event of causing harm to a third party through accident or neglect. Before You Start a House Cleaning Business: Obtain your federal tax ID; local & state business licenses; bonding insurance, and liability insurance.

Lawyer's professional liability insurance won't eliminate claims either, but it can serve to minimize the impact a malpractice claim might have on your firm. General liability insurance minimum amount permitted being $300,000 2. We were required to carry basic liability insurance, which had gone unpaid and lapsed, for starters. More information