Side Work Insurance, or not?

[ee2002]

Here is my situation:

My boss has given me the opportunity to do "side work" on my own time. In return for using the company resources, I'll pay my boss a percentage of the project fee. My boss said that if I wanted to stamp my "side work", I would have to obtain my own liability insurance because I could be personally sued in the event of a lawsuit. Since the company I work for is taking a percentage of the fee from this "side work", it seems they have a direct interest in how the liability insurance is handled. Wouldn't you think the company's project liability insurance would cover me under this scenario?

I am new to this type of work agreement. If anyone has any experience with side work and how they worked out insurance with their employer, I would greatly appreciate any feedback.

Thanks in advance.

 

[debodine]

I am NOT a legal guru by any means...but if your boss is the sole company OWNER, I would imagine he/she could commit company resources for anything he/she chooses. However, if this is not the case, I think your boss may be offering you a bit of trouble by committing company resources to a non-company project.

I don't know all the facts and I have no legal training, so I am just suggesting these ideas be carefully considered.

Unless of course, if when you said "pay the boss" you meant "pay the company" (and I suspect that is what you meant), then I have missed your point and you should ignore me and wait for better advice.

debodine

 

[IRstuff]

Would you think that Kinko's should be sued for printing documents for your project?

TTFN

 

[oldfieldguy]

IRstuff--

I imagine that if you wanted to do so, you could find a lawyer who'd add Kinkos to the suit...

old field guy

 

[IRstuff]

They add whomever they like, doesn't mean they'll be liable, in which case they're not going to bother covering you with their insurance.

The fact of the matter is there's tons of moonlighting insurance policies, which means that while moonlighting, you're on your own:

http://www.dogpile.com/info.dogpl/s...-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/417/top/-/-/1/0

TTFN

 

[bridgebuster]

At one company I worked for, we received a discount on our E&O insurance provided that provided that the engineering staff attended a training course sponsored by the insurance carrier.

One thing I recall about moonlighting: An employer could also be liable.

We like to poke fun a lawyers but they do serve a purpose. Get sound legal advice before proceeding; you'll sleep better as well.

On another note: If you're named in a lawsuit even though you're not liable, IT IS STILL VERY COSTLY! I know from experience.