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Professional liability insurance

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Hello all,
I run a website which may soon be offering manufacturers etc the opportunity to pay for advertising space. I am considering taking out professional liability insurance to cover this..any recommendations?

Comments

  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Look in any trade magazines for adverts.

    Try Hiscox
  • rs65
    rs65 Posts: 5,682 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    First question would be - do you need insurance? What loss would be suffered? Get a decent contract that limits your liability to the income you receive from that client.

    Professional liability insurance can have substantial excesses which may exceed any loss suffered.
  • forgotmyname
    forgotmyname Posts: 32,929 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Whats the worst case your website goes down?

    Add a certain downtime percentage to your agreement/contract. After say 3 hours downtime you refund 24hours worth?
    Censorship Reigns Supreme in Troll City...

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