J
Jon M
Guest
I am looking at starting a business restoring old motorcycles. I have done a few as a hobby and now want to pursue it as a source of income.
However, I'm concerned about liability. In my former life as a photographer I carried 2 million dollars in liability insurance, primarily because some of the venues where I shot required that of me. So I'm familiar with the concept, but not with the coverage I'll need in this industry.
The risk is substantially higher now. As a photographer I could never figure out a reason to need that sort of coverage. My contracts specifically disclaimed any sort of claim above and beyond the originally contracted amount, in the case of somehow screwing up my coverage of an event, and I can't imagine a way as a photographer I could have caused death or destruction of property or something.
Anyway, obviously as a mechanic it's a much bigger deal. Any heads up to other related issues would be appreciated.
Thanks!
However, I'm concerned about liability. In my former life as a photographer I carried 2 million dollars in liability insurance, primarily because some of the venues where I shot required that of me. So I'm familiar with the concept, but not with the coverage I'll need in this industry.
The risk is substantially higher now. As a photographer I could never figure out a reason to need that sort of coverage. My contracts specifically disclaimed any sort of claim above and beyond the originally contracted amount, in the case of somehow screwing up my coverage of an event, and I can't imagine a way as a photographer I could have caused death or destruction of property or something.
Anyway, obviously as a mechanic it's a much bigger deal. Any heads up to other related issues would be appreciated.
Thanks!