 The Clarinet BBoard
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Author: Katrina
Date: 2004-08-09 14:59
Hi all...
I have been reading the posts about insuring instruments, and they are great.
My question, though, deals with teaching in one's home. Do any of you who teach out of your home have advice on insuring this aspect of the biz? I'm thinking along the lines of "What if a student trips on my porch?" or "What if a student accuses me of something awful?"...
Liability insurance? Business insurance?
Can anyone here help? My insurance agent has not called me back, and it's been about 2.5 weeks!
Katrina
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Author: ron b
Date: 2004-08-09 16:21
Homeowner's (or Renter's Insurance?) insurance is [almost?] a must-have these days. Seems to me anyone who invites people over would be wise to have something rather than nothing - just because you care...
(We have homeowner's just in case someone is hurt on our property).
- r![[cool]](http://test.woodwind.org/clarinet/BBoard/smileys/cool.gif) n b -
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Author: Rick Williams
Date: 2004-08-09 16:26
I'm not an insurance professional but this is what I've run across. Your homeowners should have liability coverage, but some exclude liability associated with a business. If that is the case, you are without liability coverage if a student is injured on your property. An add on policy or rider should correct that situation.
The second issue you need to discuss with your agent. There are policies covering just about anything.
If your agent hasn't called back in 2.5 weeks and hasn't been out of the office that long, then you need to call back and tell them to either get with the program or your seeking a new agent.
Best
Rick
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Author: David Peacham
Date: 2004-08-09 17:32
I'm not an insurance professional, and my layman's knowledge is of the situation in the UK, not in the USA.
But here goes:
(1) No normal domestic policy will cover you for business activities (as opposed to occasionally bringing work home from the office.)
(2) Carrying out a business at home may invalidate your domestic policy. If, for example, your student knocked over your priceless Ming vase, the policy would be unlikely to pay out.
Actually, UK law is weirder than you could imagine. All UK businesses that are incorporated as companies are required to hold insurance to cover the proprietor if he wants to sue himself, and it is a criminal offence not to have such a policy!
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If there are so many people on this board unwilling or unable to have a civil and balanced discussion about important issues, then I shan't bother to post here any more.
To the great relief of many of you, no doubt.
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Author: Katrina
Date: 2004-08-09 19:50
Yeah...I do have Homeowner's insurance...
My insurance agent was going to go on vacation two days after I spoke with her, so that may account for some of the delay.
Mostly I was just wondering whether anyone else here teaches at home, and if so, what kind of extra insurance they have...
Katrina
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Author: ron b
Date: 2004-08-09 20:32
Hi again, Kat --
I have two students. The adult always comes here. The young one's Mom brings him here sometimes but, more often I drop by their home - it depends on our schedules and which is more convenient. So far we've been pretty lucky, no physical injuries; but, should anyone be overcome by an errant standing wave or receive unforseen ligature whiplash, I think they're pretty well covered for whatever medical/psychological attention might be necessary.
[This probably has no bearing on your situation, Kat, but mainly for the guys, [I] insist that an adult or older sibling always be present when giving lessons to young folks. Whether they visit with my wife during lesson time, catch up on their reading or just daydream, a mature person must be nearby. It's just the way things have gotten to be these days.]
- ron b -
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Author: hartt
Date: 2004-08-09 20:57
Katrina
I, too, am not an insurance agent/broker. I do, however, know from experience that TECHNICALLY you are using your residence as a commercial business (income producing property) and that requires a different insurance coverage.....commercial rather than residential.
Also, legally, you need to contact your county/city office and have your house listed in the records as a place of residence/business. Now, you are, by city/county standards, using your residence as income producing property......whick is ok but a different property tax standard applies.
Now, 'mum' can be the word but if an accident happens and questions are posed as to what this person was doing there, etc............well, you get the picture.
(:o)
d
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