Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
Well, we are new customers of Beehive in Utah, previously recommended by ThinkTank. Our bill is about 1/3 what we were paying before. We haven't had a claim (didn't with the other company, either, thank God) so I can't give all the particulars, but so far, we're very relieved!
On Wed, May 20, 2015 at 9:20 PM, Abby Easterly aeasterly@onoffsite.com wrote:
Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
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by fiscal agent do you mean you have a fiscal sponsor (NPO)? You might want to check with them and see if you can be added to their policy since you are not formally organized. Usually adding square feet to an existing policy does not hike the price much: even double the footage may only mean a 10 or 20% price increase. If the free space you have is part of a larger collective etc.. you can also check with them. For example, our community wood shop made a deal with the adjacent metal shop to be added to their insurance (same building)- sharing the cost of a single insurance was much less than two separate policies covering the same areas.
On 5/20/15 6:20 PM, Abby Easterly wrote:
Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
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We have insurance through Liberty Mutual.
On Wed, May 20, 2015 at 8:02 PM, joshua mcdermott jmcdermott@usfca.edu wrote:
by fiscal agent do you mean you have a fiscal sponsor (NPO)? You might want to check with them and see if you can be added to their policy since you are not formally organized. Usually adding square feet to an existing policy does not hike the price much: even double the footage may only mean a 10 or 20% price increase. If the free space you have is part of a larger collective etc.. you can also check with them. For example, our community wood shop made a deal with the adjacent metal shop to be added to their insurance (same building)- sharing the cost of a single insurance was much less than two separate policies covering the same areas.
On 5/20/15 6:20 PM, Abby Easterly wrote:
Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
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-- Joshua McDermott Performing Arts and Social Justice 415.422.6134
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We use NICA https://www.insurancefornonprofits.org/ under our local advocacy. There are 3 co ops and the organization and cost is $1400 for $2million liability plus board od directors insurance. I believe the liability only runs around $650/yr
Mark Friis
Executive Director, Inland Empire Biking Alliance
PO Box 9266
Redlands, CA 92375
909-800-4322
*mfriis@iebikingalliance.org* https://mail.google.com/mail/u/0/mfriis@iebikingalliance.org
http://goog_1035360530WWW.IEBIKE.ORG
On Wed, May 20, 2015 at 6:20 PM, Abby Easterly aeasterly@onoffsite.com wrote:
Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
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Writing out policy and procedures ahead of time. Risk management, and some experienced people around may help the agent approve...
What you don't know can hurt you.
That said coops on the lookout for trek disc brake recall. If people are not going too dealers as much might not be hearing it as much, plus new season..
On Thu, May 21, 2015, 12:10 Mark Friis iebafriis@gmail.com wrote:
We use NICA https://www.insurancefornonprofits.org/ under our local advocacy. There are 3 co ops and the organization and cost is $1400 for $2million liability plus board od directors insurance. I believe the liability only runs around $650/yr
Mark Friis
Executive Director, Inland Empire Biking Alliance
PO Box 9266
Redlands, CA 92375
909-800-4322
*mfriis@iebikingalliance.org* https://mail.google.com/mail/u/0/mfriis@iebikingalliance.org
http://goog_1035360530WWW.IEBIKE.ORG
On Wed, May 20, 2015 at 6:20 PM, Abby Easterly aeasterly@onoffsite.com wrote:
Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
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Velocity has a Business Property and Liability Policy through The Travelers Insurance Co. It's affordable and includes off site event coverage for things like our Swap Meet.
On Sun, May 24, 2015 at 12:34 PM, DancesWithCars danceswithcars@gmail.com wrote:
Writing out policy and procedures ahead of time. Risk management, and some experienced people around may help the agent approve...
What you don't know can hurt you.
That said coops on the lookout for trek disc brake recall. If people are not going too dealers as much might not be hearing it as much, plus new season..
On Thu, May 21, 2015, 12:10 Mark Friis iebafriis@gmail.com wrote:
We use NICA https://www.insurancefornonprofits.org/ under our local advocacy. There are 3 co ops and the organization and cost is $1400 for $2million liability plus board od directors insurance. I believe the liability only runs around $650/yr
Mark Friis
Executive Director, Inland Empire Biking Alliance
PO Box 9266
Redlands, CA 92375
909-800-4322
*mfriis@iebikingalliance.org* https://mail.google.com/mail/u/0/mfriis@iebikingalliance.org
http://goog_1035360530WWW.IEBIKE.ORG
On Wed, May 20, 2015 at 6:20 PM, Abby Easterly aeasterly@onoffsite.com wrote:
Does anyone have advice on whether we need and how to acquire insurance for a fledgling bike collective in Manchester, NH? We are lucky to have free space and a fiscal agent, but we are not yet formally organized and are wondering about insurance. Please advise! Thank you, Abby
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participants (7)
-
Abby Easterly -
Affordable Bikes Re-Cyclery -
DancesWithCars -
joshua mcdermott -
Mark Friis -
mpattisall -
Ryan Kragerud