Do freelance UX designers voluntarily carry Errors & Omissions Insurance?

28 Sep 2010 - 11:06am
18 weeks ago
5 replies
1165 reads
inge.debleecker...
2009

I am wondering how many freelance UX designers carry some level of Professional Liability Coverage (also called 'Errors and Omissions'), and what level that might be (500K, 1M, ..). In addition, if you did buy the coverage, was it because you felt you needed it, or because a client requested it?

Thanks,

Inge

 

Comments

8 Oct 2010 - 9:05pm
Wendy Fischer
2004

Inge,

Because a client requested it is why i had to get it in the past

I think that it is also good to get it, if you are doing design under your own company and on a 1099, not a w2. I would not get it if you were being paid on a w2.

-Wendy Boucher-Fischer


From: "inge.debleecker@gmail.com" <inge.debleecker@gmail.com>
To: erpdesigner@yahoo.com
Sent: Tue, September 28, 2010 2:07:02 PM
Subject: [IxDA] Do freelance UX designers voluntarily carry Errors &amp; Omissions Insurance?

I am wondering how many freelance UX designers carry some level of Professional Liability Coverage (also called 'Errors and Omissions'), and what level that might be (500K, 1M, ..). In addition, if you did buy the coverage, was it because you felt you needed it, or because a client requested it?

Thanks,

Inge

 

19 Nov 2010 - 11:33pm
mcaskey
2008

Dredging this back up for a minute...

Anyone currently very satisfied with their current provider?  If so, please send me a note with a referral.

Thanks!

Mike

21 Nov 2010 - 3:00pm
theomandel
2003

I've had E&O coverage of $1M on and off in the past, but only when large corporate clients demand it. Otherwise, as a sole proprietor, all I usually carry is a $1M personal umbrella policy.

There are only a few companies that do the E&O Insurance, such as The Hartford, and as I remember, the policy costs about $1,800 per year.

Theo Mandel, Ph.D.

21 Nov 2010 - 4:54pm
Paul Bryan
2008

Exactly the same experience as Theo Mandel. Hartford is the only company I know who sells E&O to small companies. Can't say I'm satisfied or dissatisfied, as it is just a very expensive rubber stamp, usually after a rather long sales cycle. I have occasionally been required to have much higher limits, and successfully discussed it back down to $1M or $2M by talking with Legal about the scope of work. 

23 Nov 2010 - 8:24am
inge.debleecker...
2009

For E & O only, I paid $595/year for the 500K coverage.

I've had companies requesting me to have general liability and E & O for 2 Mil. I've also been able to successfully get them to back down on it.

I have some ties into the translation industry, which is heavily made up of freelancers. An estimated 25% of translators carry E & O, mostly for 300 - 500K. The nature of the work is somewhat different of course. An interesting comment you often hear in those circles as an argument NOT to carry E & O is that companies might be more likely to come after you if you do carry it. In other words, if they feel they can get something, they will try harder to get it. Not sure how true this is, there are no actual data available.

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