hammet
Contributor
Marie,
This kind of thing scares the crap out of me. Not the diving part, but the fact that you are opening yourself up to a world of financial hurt should an accident happen. And it doesn't matter if they sign a liability waiver, which you would need a lawyer experienced with dive charters to draw up for you. The victims or their surviving families' lawyers will have no qualms putting you through the ringer trying to defend yourself in court. And mark my words, that will be quite costly if it doesn't bankrupt you personally. When s&*t happens, lawyers sue everyone they can and see what sticks.
No way in hell would I do what you're doing without setting up an limited liability company with adequate liability insurance PLUS another $5-10 million of personal umbrella coverage.
You know the saying on the 'other forum' that we belong to: 'you might beat the rap, but you won't beat the ride.'
This kind of thing scares the crap out of me. Not the diving part, but the fact that you are opening yourself up to a world of financial hurt should an accident happen. And it doesn't matter if they sign a liability waiver, which you would need a lawyer experienced with dive charters to draw up for you. The victims or their surviving families' lawyers will have no qualms putting you through the ringer trying to defend yourself in court. And mark my words, that will be quite costly if it doesn't bankrupt you personally. When s&*t happens, lawyers sue everyone they can and see what sticks.
No way in hell would I do what you're doing without setting up an limited liability company with adequate liability insurance PLUS another $5-10 million of personal umbrella coverage.
You know the saying on the 'other forum' that we belong to: 'you might beat the rap, but you won't beat the ride.'