Hi Vesh-

Regarding insurance, you should talk to an insurance agent. You could get the General Commercial Liability policy but I don't think that would be enough for you because it will probably have too many exclusions. So you may need a specialy drawn policy. You can consult any insurance broker - you can just look in the yellow pages under insurance and I'm sure you'll find someone. I woud look for someone that deals with many insurance companies and not just one so that you can get a better deal.

Regarding the business structure and the legal stuff - you should contact an attorney. This won't be cheap but it will be worth the price - especially if you get sued. A partnership will not protect you from liability like you want. You should restructure into either an LLC or a Corporation. An LLC will be easier. Regarding the contract, yes, you can specify things that you are not responsible for - but the better way would be to say that you are only responsible for things that are explicitly listed in the contract. It may be easier for you to contact an attorney in your area - you can go to http://www.martindale.com to find an attorney who specialized in what you need.

Good luck!

~~~~~~~~~~~