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| GeoCommunity Mailing List |
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| Mailing List Archives |
| Subject: | Re: GISList: Consulting |
| Date: |
08/13/2003 12:30:01 PM |
| From: |
Paul Ramsey |
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We overcame the issue by buying the "errors and ommissions" insurance. However, were forced to do so because we were doing "software development" not because of our GIS activities. Once we listed our business as doing software development, noone would insure us unless we got errors and ommissions insurance as well. This increased our insurance bill by a factor of 20. It is the cost of doing business in our litigious age, I guess.
P
Matthew Stone wrote: > > “The underwriters are "afraid" of GIS. The example i got was the > "system" tells the driver to turn left, and he turns left and "...he > runs off a bridge that isn't there or he is sent the wrong way down a > one way street and he kills 5 people or the asteroid hits and we all > die." The injured parties would sue and since there is Bodily Injury or > Property Damage, at the very least the GL policy would have to pay > "defense" costs (Perry Mason charges a couple of hundred bucks an hour) > and if the insured is liable, may have to pay a claim. > > Since GIS is "new", it may take a while for "reality" to sink in. But > for now, they don't want to take the plunge for a premium of $350. or > so.”
> Now, I know many of you are successful consultants and have overcome > this issue of insurance, so I would like to know HOW?????
-- __ / | Paul Ramsey | Refractions Research | Email: pramsey@refractions.net | Phone: (250) 885-0632 _
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