Topic: Insurance?

Just curious, do you carry any specific insurance for the work that you do in your design/development company? I'm working with a lawyer who is developing a new contract for me, and she asked about insurance. I wasn't sure; are there any common practices I should be aware of?

"Change is inevitable, growth is intentional" - Glenda Cloud

Re: Insurance?

I carry $1M (USD) in Errors and Omission insurance and another million in liability insurance.  It costs me about $2000 a year.

E&O covers you in case there's something you miss that costs the client money and they sue.

Liability would cover accidentally knocking over your client's server rack and breaking everything.