T
Tnglwd_Stu
New member
1.) Do you own your house? i.e. have a mortgage or do rent your house?
Mortgage. But I rent out two rooms to students that proivides some security.
2.) If you own your house, and have people, namely, the public, come to your house to record, what does that do to your homeowner's insurance costs?
You take out seperate business insurance for that - it's still about £50 a month for £5million public and product liability and £20K equipment. To be honest insurance companies are fighting each other for business at the moment so it pays to phone around.
If you wanted to save money you could get them to sign a contract before you record saying enter at your own risk or similar.
3.) Aren't you afraid of someone getting hurt, or claiming to get hurt and suing you?
Isn't every business owner - what you have to ask yourself is - are the risks acceptible? I take every precaution outlined in my business insurance and more to ensure people don't get hurt.
As for the claiming to get hurt - all the people I have worked with I consider to be honourable human beings, plus if someone does genuinly get hurt and it's your fault then fair enough you only have yourself to blame.
4.) How are you protecting yourself against liablity claims?
Good insurance, good solicitor/lawyer - See above.
Mortgage. But I rent out two rooms to students that proivides some security.
2.) If you own your house, and have people, namely, the public, come to your house to record, what does that do to your homeowner's insurance costs?
You take out seperate business insurance for that - it's still about £50 a month for £5million public and product liability and £20K equipment. To be honest insurance companies are fighting each other for business at the moment so it pays to phone around.
If you wanted to save money you could get them to sign a contract before you record saying enter at your own risk or similar.
3.) Aren't you afraid of someone getting hurt, or claiming to get hurt and suing you?
Isn't every business owner - what you have to ask yourself is - are the risks acceptible? I take every precaution outlined in my business insurance and more to ensure people don't get hurt.
As for the claiming to get hurt - all the people I have worked with I consider to be honourable human beings, plus if someone does genuinly get hurt and it's your fault then fair enough you only have yourself to blame.
4.) How are you protecting yourself against liablity claims?
Good insurance, good solicitor/lawyer - See above.