I have been a part-time freelance writer and editor for the past 4 years. I don’t have a company name. I don’t even have a Web site. It’s all through word-of-mouth and client referrals.
In the back of my mind, I’ve been wondering if I need to consider some type of insurance policy to protect me “just in case.” But I’m not even sure what type of policy I would need. What are your thoughts?
Thanks so much!
Geeze! I don’t know! Not really. I suspect it depends on what you mean by ‘just in case.’ I have some notion that there is errors and omissions insurance.
A google search gets this from http://www.sfbar.org/glossary/eoinsurance.htm which is the Bar Association in San Francisco:
What is Errors and Omission insurance?
Regardless of what kind of business you own, a customer can claim that something you did on their behalf was done incorrectly, and that this error cost them money or caused them harm. This insurance is designed to help cover your defense costs and ultimately the final judgment if you do not win the case.
I do include in my ghostwriting contracts a clause that holds me harmless if I write something that’s untrue or libelous, but I don’t know how well it actually protects me.
Image from http://www.sxc.hu