When you start a voice-over business, you may not think about all the things that could happen to it. You are happy to have some work to do, and you are just taking clients as they come your way. However, as your business grows, you may get anxious. You may start to fear your business’ future.
This is a common fear for many business owners. They step back, look at all they have done, and do not want it to go away. Unfortunately, it can be compromised in just a blink of an eye.
People are suing others much more than they used to. Whenever they find a reason to sue, they often take it to the courts before they try to settle it one-on-one. This can exasperate problems rather than solve them. While this is the case, there is nothing you can do but get a lawyer when someone decides to sue.
There are many reasons why someone may sue a voice-over artist:
Copyright issues: Someone may accuse you of taking his/her work and using it as your own.
Confidentiality: Giving away information about the clients’ customers or using it to benefit your own business.
Breach of contract: This means that you signed a contract, but then you did not follow the conditions outlined in it.
The reality is that the legal system is so complex that there can be a reason to sue for just about anything. This is why business insurance can be helpful. It is just like protecting your car, home, or other assets.
What Business Insurance Can Do for You
With business insurance, you may escape the costs that come with an attorney and court fees. If the court finds you guilty, business insurance can cover the penalties.
Before just choosing any policy, though, you need to find one that covers you for the types of lawsuits that may be filed against you. There are many policies available, and they all come with different premiums. It is best to speak to as many business insurance carriers as possible to find the policy that meets your needs for a price that falls within your budget.
Additional Information for Business Insurance for a Voice Over Business
For more information on business insurance and its benefits for voice-over artists, read what the U.S. Small Business Administration has on its website.