I'm not a DM yet, but am working towards it at the moment, and was under the impression that the agencies insurance would cover me when guiding dives or working within my certification.
Without meaning to hijack the thread, let me see if I can clear up the insurance question for you.
Once you become certified as a DM (regardless of agency), you are required to be insured to actually work as a DM. But there are essentially two insurance options.
Option 1, and the most common, is that you personally buy an insurance policy, usually through your training agency's preferred insurer (but it's not necessarily required to be them) which will then cover you for any DMing activities you do that meet the standards of your training agency and the warranties and restrictions of the policy.
The second type is when the facility you are working for takes out what is effectively a group policy that covers everyone working for that facility. In that instance, you would be covered when working as a DM and following your training agency's standards
BUT ONLY when you are doing DM work for the facility (store, boat, etc.) that holds the group policy. So if you're insured under the ABC dive store policy but you do work for the 123 dive shop, you're not covered for anything that happens during your work for 123.
Likewise, if you're covered under the group-type policy and you do some individual DMing/escorting
THAT IS NOT SANCTIONED/SPONSORED BY YOUR FACILITY then you are not covered. As Iztok mentioned, he's covered through a shop policy so that means he's
NOT covered for anything that is
NOT specifically through the shop.
The insurance is pretty cheap, especially when you consider what you get. It's generally a $1 million policy
PLUS costs of the defense (which can be very pricey as well). The instructor policies are around $500 and the DM policies (I think) are around $250-300 for a full year of peace of mind. IMHO, certainly better to have your own personal policy than to rely on someone else to provide the coverage for you because it's too easy to lose that coverage, either because you inadvertently did something outside of the policy, or the store failed to make a policy payment and - OOOPS - didn't tell anyone that the insurance had lapsed, which leaves you holding the bag.
And if you can't afford the insuarance, then don't become a DM. You
DO open yourself up to liability issues that don't arise when you are simply a willing buddy.
- Ken