Hey guys-

I carry a Commercial Inland Marine Policy through Erie to cover my equipment in case of theft or damage...I pay $75 annually for roughly $7500 worth of coverage...My deductable is $200...

I was notified today that a client, a large retirement community is now requiring all on site vendors to supply their own liability insurance. Failure to possess such a coverage may result in an inability to continue to work together any longer.

The minimums required are:

*1 Million dollars for Comprehensive general liability...
*1 Million dollars for Comprehensive auto liability...
*1 Million dollars for Comprehensive Excess indemnity (umbrella) liability...

...also, because I'm in Ohio, I have to have something called "Employee liability/Ohio Stop Gap (including intentional tort with substantially certain to occur" for another Million

A few questions:

*Does anyone else here carry liability for their audience members, specifically at nursing homes?

*Typical cost/coverages?

*Any other comments would be appreciated...

Thanks-

Bill

I carry $ 2 Million in liability insurance. I run all my playing activity through the unbrella of my production/graphics company. Many clients who have us do high end brochures and films require a rider to protect against legal claims resulting from something contained in film or copy content.

Just good business, I think. Only two of my regular music clients require liability coverage.

R.

I pay $215 per year for $1M in liability. I think the company is Selective, but I don;t know where the policy is right now.
Most caterers and synagogs will not let you in the door without it here, in the Philly area.

APPROX $250.00 FOR 1,000,000 - $2,000,000

There are only 2 locations I perform that require liability insurance, and the policy minimum is $1,000,000. It cost me $210 a year for the coverage, and I bumped up the price of the performances at both locations to cover the premium cost. Next year, 2009, both locations will be cut out of my schedule because of the increasing overhead expenses, gasoline, equipment insurance, etc.. Plus, I want to spend more time sailing and less time working.

Cheers,

Gary

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Travlin' Easy