Bander, not in CA, in CA an S-corp provide only minimal protection of personal assets from product liability and negligence in a closely held corporation. An LLC or C-corp are the only ways to have some sense of protection. S-corps actually put your assets into the corporation in the event of liability. This applies only to a closely held corporation. A LLC is specifically a method of protecting personal assets.
I cannot agree strongly enough about insurance, particularly the aspect that an insurance company is obligated to defend you in the event of a lawsuit. They pay for the attorney's which is how you can really lose in a law suit.
the meat thermometer was so far past the top reading, it read Taylor
"perhaps...but then again...maybe not..."