Right now we are just winging it, but if all goes OK I am going to look into getting “umbrella” coverage.
I really have to look into our insurance, last year I paid $500 for $250K coverage for my bookkeeping sidework.
Over 4th of July I talked to my sis-in-law who’s an RN. She pays only $100 for A MILLION DOLLARS of coverage.
We all decided I was getting robbed as the chances of me actually killing or maiming a person via bad bookkeeping were pretty much nil.
Medical liability vs. E&O liability - apples and oranges but you have a point about the cost of coverage and the potential losses being covered. Shopping rates on all kinds of insurance coverage is just being a good consumer.
Papercuts!
Well, maybe not, if you use common core math! ;-)