Greg thanks for the post and your opinion.
Yes, insurance is necessary in some cases. But it is NOT necessary in all the cases. We defenitely need auto insurance, we need insurance for our houses, and
medical one too. We also need dental, life and professional insurance. How many more? The...
That's exactly what I ment LocalGuy protection from comie lawsuits. As you said you could protect yourself limiting liability for yourself, but it may be critical during the competition for taking the work. As I already wrote it is good to us to have a options and to know a litle bit more. Take...
Sorry Dan - owner,
your "Robin Hood" like theory doesn't work to me at all!
What do you mean under "... require you to carry insurance"? Require by law or what? It is not liability in auto insurance.
Since it is voluntary we have the freedom to choose - carry insurance or not. Also, if you...
macgyvers2000,
your way of thinking is litle strange to me. So we have to carry insurance, because in case of fatal mistake the victim's family to be conpensated!? I think you went too far, but even in your case:
Usualy that kind of insurance policy is for about 1 - 2 million dollars. What if...
LocalGuy,
do NOT desperate so easy. You could have relatively good protection of your personal assets even without carring "a lot of insurance".
First of all so named "errors and omissions insurance" is very expensive!
Second, having insurance you are just attracting lawsuits...
Probably you...
