I had to have it - it was a $500 a year business expense because I was a commercial entertainer. I purchased through my local insurance agent, Erie Insurance Exchange, which also insures my home and autos. It was a $1-million dollar policy and pretty much covered all hazards. I also carried a separate policy on my equipment, which cost me about $85 a year. Just one more business expense - both were write-offs and tax deductible.
Many years ago, I purchased a book from Little Black Books titled Tax Write Offs - All That The Law Allows. I read it cover to cover three times and learned something new each time I read it. It may be out of print now, but I'm sure you can find it somewhere on the internet. One of the things it covered was business insurance of all kinds.
Gary
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PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!
K+E=W (Knowledge Plus Experience = Wisdom.)
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