If your organization joins the League of American Bicyclists, you can get affordable insurance through American Specialty. You can purchase coverage for activities related to bicycle refurbishment. They offer coverage for Directors for $550/year. You can find details at www.amerspec.com/lab
We don't have the Directors coverage (we have nonprofit status under a fiscal sponsor). Otherwise I think we have appropriate and affordable coverage under them.
-Paul
The Bicycle Tree P.O. Box 11293 Santa Ana, CA 92711 http://www.thebicycletree.org info@thebicycletree.org
Date: Thu, 16 Jun 2011 19:22:41 -0400 From: anyone@breathingplanet.net To: thethinktank@bikecollectives.org Subject: [TheThinkTank] Directors insurance
any 501c3s out there have 'directors' insurance'
what does it generally cost?
for ten years we have had no insurance... we are now operating in our own building and are actually a 501(c)3, though still entirely volunteer operated... and starting to figure out the insurance thing.
andrew Troy Bike Rescue http://www.troybikrescue.org
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