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mwssquad827
7/7/2020 10:40am
7/7/2020 10:40am
Edited Date/Time
7/8/2020 4:02am
I know this has been talked about a ton but the damn search on this site sucks..
So we are trying to do it as a local club track..
We aren’t trying to get rich or famous or hold national.. just a fun practice track maybe a local series race.. all help or ideas will be helpful
Main question
who for insurance? Is a million policy enough??
So we are trying to do it as a local club track..
We aren’t trying to get rich or famous or hold national.. just a fun practice track maybe a local series race.. all help or ideas will be helpful
Main question
who for insurance? Is a million policy enough??
I run heavy equipment as a job so building the track wouldn’t be the problem.
Form a non-profit and lease the land to that non-profit to mitigate liability.
That imo is the most important step you can take. It also won't hurt to elect a beneficiary of the non-profit that will be politically favorable. Meaning, make it someone/thing that your local community wouldn't want to lose the benefit for, in case someone wants to shut you down.
The Shop
I rode out at that Hollister track a while ago and thought it had a lot of potential of being a very good thing.
I don’t have much sound advice, but best of luck!
We had $1 million per occurrence, $2 million aggregate running one of the most attended venues in the US, any more than that is an attractive lure for ambulance chasers to go for the big pay day. We also had flagers, medics, waivers, and safety protocols in place at all times bikes were in motion.
As morbid as it is, each injury/death will have a price point for settling and the insurance company takes that into account when they write a policy. As long as it’s not negligence on the track operator it is a difficult case to make, dirt bikes are a known dangerous activity for 50 + years, riders can’t claim ignorance of the safety risks. Although they try.
Go to google and type your search then enter “ site:m.vitalmx.com” at the end
Example:
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