Marty,
In some states, Incorporation gives some protections. Our litigious
society causes great paranoia among many people. I've spoken to lawyers
who insist clubs must have insurance for everything. Extra for each board
member, riders on top of the policy for any moving event.
Another lawyer who says if you are getting members together for social
reasons, no insurance is needed. For a moving event, basic liability is
enough. Individual board member coverage is a waste of club funds.
Affiliates of a national club may get insurance through that affiliation.
Sometimes, it can offer a local club low cost access to riders to cover
their moving events, such as an autocross, track day, rallye, or the
like.
Check your state laws to see if Incorporation helps you out enough. There
are some good companies..out there offering products to cover club
liability at a reasonable cost for a years coverage.
Bill
On Thu, 26 Apr 2007 17:13:26 -0500 "marty sukey" <trmarty@hotmail.com>
writes:
> One of the car clubs i belong to is a small british car club, non
> marquee
> specific. We insult all British cars equally. Only about 50 members.
> There
> has been quite a dialog going on about how the club should handle
> liability
> issues should somebody get injured on a club sponsored drive or
> other event.
> With all the wackos out there it is quite possible that somebody
> could walk
> away with everything we own if they find the right attorney. Should
> we
> incorporate? Get lots of insurance? Both? Say its not worth the risk
> and
> just disband the club? There is a lot of discussion at our meetings
> but not
> much knowledge of the right thing to do. How are the car clubs that
> the rest
> of you folks belong to handling this situation?
>
> Thanks,
> Marty Sukey
>
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