>I have been looking for the type of policy you describe. The problem is, everyone keeps telling me that even for general liability they still have to rate the policy on the basis of the type of business. The prices they are quoting are too high. Do you know who underwrites your policy and what the policy type or class is?

Hi Del,

One other possibility is to ask an insurance agent if such a policy can be bought for one particular job.

Then you tell your client that if they want to be insured against errors and omissions, they can have it at an additional cost. Therefore, if a client doesn't feel confident enough, they are the ones that cover that cost.

And before someone says that it's not fair to pass our costs to our clients, I don't see why not. Our vendors do it (they charge us shipping separately); hell, car dealers do it and it's not as if you had the option of going to the factory and pick up the car yourself to save $1000.

You should probably talk to an attorney about tayloring your contracts to this twist, but after reading a bit about how electrical supplies manufacturers deal with it, I don't see why we can't do the same.

If you go to the hardware store to buy an AC outlet (a wall jack), there are white ones and orange ones. The whites cost about $3 a piece while the others go for $15-$20. They are exactly the same, except the orange ones are covered by a liability policy in order to be sellable to hospitals. The policy would cost too much if it was to cover all jacks, and by differenciating them, the insurance company can cover only a specific product.

Alex