In a message dated 10/07/2000 2:41:14 AM Mountain Daylight Time,
rob@thomasr.greatxscape.net writes:
> Product Liability Insurance.....whats that? Not such a problem over here.
>
Rob..it is what you must have if you perform an endeavor of this sort in the
US. It is the largest component, up to 60% or so of some products, such as
private aircraft.
This would be especially true if you were supplying a kit that anyone could
install, because as poorly as they could possibly do the work, if a failure
occurs, partiularly one with a severe injury resulting, you are on the hook
to the lawyers. No offense to the attorneys on the list, but just protecting
yourself from blood suc....er, unscrupulous barristers and idiots scu...er
citizens that think they have won the lottery has become a major concern to
all businessmen (and women) in the US.
RH
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