Liability insurance
Liability insurance
(OP)
Besides my full time job, If I take own my own
small structural design job, and place my PE stamp on it
Do I have to have Liability insurance on me.
Of course it is so costly that I cannot afford it.
So I should not do this. or there are some loop holes.
Thanks in advance
small structural design job, and place my PE stamp on it
Do I have to have Liability insurance on me.
Of course it is so costly that I cannot afford it.
So I should not do this. or there are some loop holes.
Thanks in advance






RE: Liability insurance
Otherwise, get the insurance. If your fees aren't enough to cover the insurance, then you shouldn't be doing the work.
RE: Liability insurance
There is insurance available where it is obtained on a project to project basis and the cost of the insurance is based on the exposure/value of the job.
You should talk to a lawyer (who will present you with a conservitive approach). I'm not sure if incorporating your side job (such as Recentgrad P.E., Inc.) would protect you or not, but it would be worth checking out.
RE: Liability insurance
RE: Liability insurance
RE: Liability insurance
From a practical standpoint, if you're more or less broke anyway, you're not as likely to get sued.
RE: Liability insurance
RE: Liability insurance
RE: Liability insurance