Re: Performance insurance

[MaxwellSt <MaxwellSt...>]

Here's another example.  At my wedding, the guy who carries my sound system 
was a guest, so someone else send his guy to bring a sound system.  That person 
dropped a speaker on my trombonist's instrument, crushing it.  His insurance 
covered that damage, a serious replacement cost because it was an old 
instrument and almost impossible to replace.

My lawyer goes one step further than suggesting liability--he suggests that 
you incorporate your band as a separate business so that (as was so wisely 
suggested by Mr. Reid) your house is not available to help settle a suit.  It's 
a 
nuisance and expense to file two sets of tax returns, but as you say, it's a 
business, not a hobby, and there are other tax benefits if you file as a 
not-for-profit.
Lori