>>Hi,
>>
>>I was wondering, of those who work for themselves or small (1-2 people) shops, do you carry Professional Liability Insurance?
>
>It is for construction workers :), and if your customer ever ask you to sign a contract stipulating that you take material responsibility for any business malfunction that your application could cause in future, then you just have to lose this customer.

I recently came across a prospecting customer who asked for liability insurance of up to $1,000,000. So this is where I started looking into this issue. I contacted one insurance agency and they, after interviewing me about my application, suggested that I do need Professional Liability Insurance. And those policies are pretty expensive. Actually the prospective customer already issued a purchase order but included a clause indicating that my company should get liability insurance. I talked to another insurance agency and they said they can get me what is called "General Liability Insurance" which is less expensive. So I am working on getting the General Liability Insurance now. But still wonder if I will or not in the end get the Professional Liability. I may have to raise the price for my application to cover for the added cost which will make me less competitive. And I will talk to my lawyer this weekend (my brother-in-law <g>) see what he suggests.