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(New page: This page collects questions, notes, and answers related to insurance we may need or want for the space.)
 
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This page collects questions, notes, and answers related to insurance we may need or want for the space.
== Coverage Needed ==
This section describes potential scenarios and what kind of insurance may cover each scenario. Possibly we will not need to cover all scenarios. Break into sub-categories or annotate as needed (e.g. fire arts may need additional types of insurance).
* Slip and fall: a Noisebridge member or guest slips and falls while visiting the space (or has some other kind of accident), then decides to sue. This is covered by X kind of insurance. (Fill in X). For Y coverage, a typical premium is W and the deductible is Z. (Also - if someone dies, is that covered by the same type of insurance?)
* Burn damage: a fire breaks out and causes property damage to the Noisebridge space, possibly other spaces in the same building we do not own. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z.
* Misc. damage: something eats a hole in the floor, or a window breaks, or a computer emits magic smoke. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z.
* Electrocution, inhalation, saw oops: a member or guest injures himself/herself as part of a project. Unlike slip and fall, there is no lawsuit involved, but there are medical bills, etc. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z. (Also - does this need to be covered by Noisebridge or is this up to the individual's health insurance only?)
* Burglary: someone steals stuff from Noisebridge. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z.
== Org Questions ==
* If several core individuals rent a space personally, can they jointly obtain insurance for the space?
* If several core individuals rent a space personally, does one of them need to be at the space for the insurance to apply? What happens when one of the core individuals leaves Noisebridge?
* What kinds of corporate entities can hold insurance for a space like Noisebridge? (e.g. non-profit corp, for-profit corp, limited liability partnership, limited liability corporation) Are there monetary benefits to having a corporate entity take out the insurance vs. several core individuals (i.e. will insurance companies give us a better rate) ?
== Insurance Agents and Contacts ==
This section contains links to agents or other sources that may offer information or quotes. Reports of quotes and discussions may go here as well.
* Insurance for Techs (https://www.insurancefortechs.com/). Company specializing in liability insurance for small tech companies. Aimed at for-profit concerns, has some explanation of different insurance types.


This page collects questions, notes, and answers related to insurance we may need or want for the space.
* Chicago Artists Resource explains Insurance for Art Spaces. Includes links to companies that write policies specifically for art spaces, but unfortunately those look Chicago-specific. http://www.chicagoartistsresource.org/?q=node/79

Revision as of 02:15, 19 January 2008

This page collects questions, notes, and answers related to insurance we may need or want for the space.

Coverage Needed

This section describes potential scenarios and what kind of insurance may cover each scenario. Possibly we will not need to cover all scenarios. Break into sub-categories or annotate as needed (e.g. fire arts may need additional types of insurance).

  • Slip and fall: a Noisebridge member or guest slips and falls while visiting the space (or has some other kind of accident), then decides to sue. This is covered by X kind of insurance. (Fill in X). For Y coverage, a typical premium is W and the deductible is Z. (Also - if someone dies, is that covered by the same type of insurance?)
  • Burn damage: a fire breaks out and causes property damage to the Noisebridge space, possibly other spaces in the same building we do not own. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z.
  • Misc. damage: something eats a hole in the floor, or a window breaks, or a computer emits magic smoke. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z.
  • Electrocution, inhalation, saw oops: a member or guest injures himself/herself as part of a project. Unlike slip and fall, there is no lawsuit involved, but there are medical bills, etc. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z. (Also - does this need to be covered by Noisebridge or is this up to the individual's health insurance only?)
  • Burglary: someone steals stuff from Noisebridge. This is covered by X kind of insurance. For Y coverage, a typical premium is W and the deductible is Z.

Org Questions

  • If several core individuals rent a space personally, can they jointly obtain insurance for the space?
  • If several core individuals rent a space personally, does one of them need to be at the space for the insurance to apply? What happens when one of the core individuals leaves Noisebridge?
  • What kinds of corporate entities can hold insurance for a space like Noisebridge? (e.g. non-profit corp, for-profit corp, limited liability partnership, limited liability corporation) Are there monetary benefits to having a corporate entity take out the insurance vs. several core individuals (i.e. will insurance companies give us a better rate) ?

Insurance Agents and Contacts

This section contains links to agents or other sources that may offer information or quotes. Reports of quotes and discussions may go here as well.

  • Insurance for Techs (https://www.insurancefortechs.com/). Company specializing in liability insurance for small tech companies. Aimed at for-profit concerns, has some explanation of different insurance types.