Hi Joe:
OK, then I'm with Randall, how does one car do $5M of damage to a stadium? Is
anybody's LBC a cousin of Christine?
Mark
-----Original Message-----
From: Joe Curry [mailto:spitlist@cox.net]
Sent: Monday, September 12, 2005 1:09 PM
To: Mark Hooper; 'Randall'; 'tidbinbilla'; 'Just Brits'
Cc: 'Triumph List'
Subject: RE: Triumphest 2005 News Update
SCCA event insurance covers property damage to the facility. Anybody
coming to one of their autocrosses, whether they are a driver or
spectator is required to sign a waiver which absolves the SCCA from any
liability.
Joe
-----Original Message-----
From: owner-triumphs@autox.team.net
[mailto:owner-triumphs@autox.team.net] On Behalf Of Mark Hooper
Sent: Monday, September 12, 2005 10:01 AM
To: Randall; tidbinbilla; Just Brits
Cc: Triumph List
Subject: RE: Triumphest 2005 News Update
Hi Randall:
I don't know; $5M isn't what it used to be. If somebody loses control of
a car and runs over a bystander then the settlement to the family will
be over a million or so for sure. Since it is a race, the driver's 3rd
party insurance coverage won't help and the family would fall back to
the private event or venue.
I agree that the chances are very low, so my complaint wouldn't be the
coverage, but the fee to get it.
Cheers,
Mark (not an insurance agent so perhaps I'm all wet)
-----Original Message-----
From: owner-triumphs@autox.team.net
[mailto:owner-triumphs@autox.team.net]On Behalf Of Randall
Sent: Monday, September 12, 2005 12:49 PM
To: tidbinbilla; Just Brits
Cc: Triumph List
Subject: RE: Triumphest 2005 News Update
> Right you are. The deciding factor to merge with the SCCA was
insurance.
> Qualcomm requires $5M coverage to run auto events.
$5 Mill ? That's ridiculous ! Either the place must be falling apart
(IOW
they know they are negligent) or they get kickbacks from the Ins co.
Anyway, I stand corrected. The insurance I was thinking of is for much
less
than that.
Randall
|