Thank you. I think there is a difference between a business insurance and a liability insurance. I was told that liability insurance is very expensive (pretty much what Michel said). The business insurance (as far as I understand) does not cover liability but "something else." You would need to read the entire policy (many pages) in order to understand the "something else." For example, if a client visits your office and falls down and break his/her leg, the business insurance will cover the expenses (up to the limit). But if the software code causes the client to lose money or production or some other way, the business insurance does not cover it.

For example, for years I have been paying business insurance of about $500 to $600 a year. But I don't go to the customers and they do not come to my home office. Everything is done over the phone/online meetings.
This is why I am thinking that the business insurance is not really necessary for me.

>nope.
>came up with a single client in contract talks, as they wanted to specify possible damage pay in contract.
>Resolved it with accepting their formulations, but only for anything ABOVE simple negligence.
>Trusted myself not fall in those categories even underslept and overworked, as I have a tendency to say "no" early on or add stipulations if somethin smells funny.
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>They had been hit with some negative effects of former disgruntled employee, so I could follow their motives somewhat. They had argued for me to get insurance, which would protect me in simple negligence, fight for money on gross negligence and above. I had told them that I'd raise my rate per H if taking out insurance, so it was a compromize both sides could live with. Did not matter at all later on as nothng bad happened...
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>>As a small software developer (and I assume that most of you here belong to this group), do you carry a Business Insurance?