Who to insure my work with

PamMacri-AME

Do I need any type of liability insurance or any other insurance before I hit publish?

Thank you in advance, Pam

FrankKane

It's not required.

My business does have liability insurance and I also have a personal umbrella policy, but it's hard to find coverage that will protect you from someone claiming damages resulting from what you teach. Generally these policies are meant to protect you from someone hurting themself on your property and things like that, and mostly makes sense only if you have a physical office outside of your home. I've never had a reason to file a claim on either of those policies.

But I don't think it's a bad idea to talk to an insurance agent and find out what is and isn't covered, and what it costs. However Udemy does not require any insurance in order to publish on their platform. You do so at your own risk.

If you're worried about being sued, it's a good idea to meet with a lawyer and learn how to shield your personal assets to whatever extent possible. I have a convoluted structure involving an S-Corporation and a family trust to that end.