How do I insure my Drone?

How do I insure my Drone?

Q: I use my Drone for my business, is it insured under my current General Liability Policy or do I need to purchase a separate Drone Liability Policy? A:  Your General Liability coverage usually includes an exclusion that prohibits aviation coverage. In many cases,...
Should I sign a Letter of Reliance?

Should I sign a Letter of Reliance?

Q: My client mentioned that their lender will request to have a separate agreement signed, in addition to my professional services contract.  Is this typical, or does this signal additional risk? A:  Your client’s lender is not generally the intended recipient of your...
Should I waive the consequential damages provision?

Should I waive the consequential damages provision?

Q: Why should I ask my client to waive consequential damages, as suggested in some of the standard industry documents? A:  Deleting a provision that waives consequential or special damages increases your risk, perhaps substantially. The mutual waiver A201-1997 General...
Should I name third-party beneficiaries?

Should I name third-party beneficiaries?

Q: Does my risk increase if I name third-party beneficiaries in my contract? A:  Naming third-parties as beneficiaries in your contract may allow those parties the right to bring claims directly against you. Since those parties might not otherwise have that right, by...
Who owns my project documents?

Who owns my project documents?

Q: Does my client own my project documents? A:  It depends on your contract language. A license to use your documents is often intended only when you’ve been paid in full for your services. Also, some clients don’t understand that documents are...