Insurance - Revision history

Angel: /* Examples in the Wild */

2016-03-22T23:09:32Z

Examples in the Wild

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	* The [[Inland Empire Biking Alliance]]: "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"[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2015-May/055747.html]		* The [[Inland Empire Biking Alliance]]: "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"[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2015-May/055747.html]

	*

	== References ==		== References ==

Angel: /* Examples in the Wild */ unbroke link

2016-03-22T23:07:12Z

Examples in the Wild: unbroke link

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	When you try and have a standard insurance carrier/agent quote a nonprofit organization, they have a hard time trying to classify the risk and usually come up with something that doesn't quite cover the needs or is so expensive that it is another way of saying "go away"		When you try and have a standard insurance carrier/agent quote a nonprofit organization, they have a hard time trying to classify the risk and usually come up with something that doesn't quite cover the needs or is so expensive that it is another way of saying "go away"

	*[[Utah Bicycle Collectives]], [[Falls City Community BikeWorks]], and [[Utica Bike Rescue]] use '''Susan Smith of [http://beehiveinsurance.com/bicycle-collective-quote/ Beehive Insurance]''' which is licensed in all 50 states. According to Susan, who specializes in nonprofit insurance, she has access to markets that are strictly for non-profits that regular agents don't.[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-October/036913.html] [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2013-July/054623.html]		*[https://www.bikecollectives.org/wiki/index.php?title=Bicycle_Collective Utah Bicycle Collectives], [[Falls City Community BikeWorks]], and [[Utica Bike Rescue]] use '''Susan Smith of [http://beehiveinsurance.com/bicycle-collective-quote/ Beehive Insurance]''' which is licensed in all 50 states. According to Susan, who specializes in nonprofit insurance, she has access to markets that are strictly for non-profits that regular agents don't.[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-October/036913.html] [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2013-July/054623.html]

	*The [[Bike House]] in Washington, D.C. has an insurance policy with '''Travelers Insurance''' that they purchased through Chenault Insurance, an independent broker in the area. "[[Velocity]] has a Business Property and Liability Policy through The '''Travelers Insurance Co'''. It's affordable and includes off site event coverage for		*The [[Bike House]] in Washington, D.C. has an insurance policy with '''Travelers Insurance''' that they purchased through Chenault Insurance, an independent broker in the area. "[[Velocity]] has a Business Property and Liability Policy through The '''Travelers Insurance Co'''. It's affordable and includes off site event coverage for

Angel: /* Examples in the Wild */ another rec for beehive

2016-03-22T23:05:12Z

Examples in the Wild: another rec for beehive

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	When you try and have a standard insurance carrier/agent quote a nonprofit organization, they have a hard time trying to classify the risk and usually come up with something that doesn't quite cover the needs or is so expensive that it is another way of saying "go away"		When you try and have a standard insurance carrier/agent quote a nonprofit organization, they have a hard time trying to classify the risk and usually come up with something that doesn't quite cover the needs or is so expensive that it is another way of saying "go away"

	*[[~~Salt Lake City~~ Bicycle ~~Collective~~]] ~~and~~ [[Falls City Community BikeWorks]] use '''Susan Smith of [http://beehiveinsurance.com/bicycle-collective-quote/ Beehive Insurance]''' which is licensed in all 50 states. According to Susan, who specializes in nonprofit insurance, she has access to markets that are strictly for non-profits that regular agents don't.[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-October/036913.html]		*[[Utah Bicycle Collectives]], [[Falls City Community BikeWorks]], and [[Utica Bike Rescue]] use '''Susan Smith of [http://beehiveinsurance.com/bicycle-collective-quote/ Beehive Insurance]''' which is licensed in all 50 states. According to Susan, who specializes in nonprofit insurance, she has access to markets that are strictly for non-profits that regular agents don't.[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-October/036913.html] [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2013-July/054623.html]

	*The [[Bike House]] in Washington, D.C. has an insurance policy with '''Travelers Insurance''' that they purchased through Chenault Insurance, an independent broker in the area. "[[Velocity]] has a Business Property and Liability Policy through The '''Travelers Insurance Co'''. It's affordable and includes off site event coverage for		*The [[Bike House]] in Washington, D.C. has an insurance policy with '''Travelers Insurance''' that they purchased through Chenault Insurance, an independent broker in the area. "[[Velocity]] has a Business Property and Liability Policy through The '''Travelers Insurance Co'''. It's affordable and includes off site event coverage for

Angel: /* Classifications */ formatting

2016-03-22T22:57:39Z

Classifications: formatting

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	===Classifications===		===Classifications===
	[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html via]		[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html via]

	41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers		41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers

	10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget		10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget

	47474 – Schools – Trade or Vocational – This classification is for the bike repair.		47474 – Schools – Trade or Vocational – This classification is for the bike repair.

	43424 – Exhibitions – (For bicycle valet?)		43424 – Exhibitions – (For bicycle valet?)

Angel: /* Terms to know */ yay formatting

2016-03-22T22:57:13Z

Terms to know: yay formatting

← Older revision		Revision as of 22:57, 22 March 2016
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	A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.		A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.
	==Terms to know==		==Terms to know==
	===Coverage=== ~~[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]~~		===Coverage===
	Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.		Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.
	It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed.		It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed. [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]

	===Classifications=== [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]		===Classifications===
			[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html via]
	41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers		41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers
	10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget		10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget

Angel: /* Terms to know */ good wiki, thank you.

2016-03-22T22:56:17Z

Terms to know: good wiki, thank you.

← Older revision		Revision as of 22:56, 22 March 2016
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	A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.		A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.
	==Terms to know==		==Terms to know==
	===Coverage===[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]		===Coverage=== [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]
	Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.		Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.
	It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed.		It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed.

	===Classifications[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]~~===~~		===Classifications=== [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]
	41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers		41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers
	10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget		10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget

Angel: /* Coverage[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html] */ format

2016-03-22T22:55:39Z

Coverage[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]: format

← Older revision		Revision as of 22:55, 22 March 2016
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	A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.		A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.
	==Terms to know==		==Terms to know==
	===Coverage[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]~~===~~		===Coverage===[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]
	Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.		Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.
	It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed.		It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed.

Angel: still copy pasting from thinktank

2016-03-22T22:55:07Z

still copy pasting from thinktank

← Older revision		Revision as of 22:55, 22 March 2016
Line 55:		Line 55:

	A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.		A type of general liability package which might combine a number of the insurance types listed above, and possibly others such as auto insurance, insurance against theft or other crime, business interruption insurance, or other add-ons.
			==Terms to know==
			===Coverage[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]===
			Products/Completed Operations Aggregate Limit – This is a standard part of the general liability policy, and does not always apply to every customer.
			It is in reference to product defect, or completed operations. Produce defect is pretty straightforward. An example of completed operations would be something that has been built, such as a house. The liability extends to the completed home, and the contractor’s liability for something that happens after the home is completed.

			===Classifications[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]===
			41610 (Civic Association)- This is the main rating classification, and is used for community service types of organizations. The exposure number is based on your number of volunteers
			10150 – Bicycle Stores – Sales and Service – This classification will pick up the exposure for sale of donated bicycles. This class code is a “payroll” based class code...if no payroll, they can use your annual budget
			47474 – Schools – Trade or Vocational – This classification is for the bike repair.
			43424 – Exhibitions – (For bicycle valet?)

	== Insurance Providers ==		== Insurance Providers ==

Angel: /* Cambridge Insurance */ link

2016-03-22T22:49:19Z

Cambridge Insurance: link

← Older revision		Revision as of 22:49, 22 March 2016
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	===Cambridge Insurance===		===Cambridge Insurance===
	Contact Kyle Hatchett[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]		Contact Kyle Hatchett [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html email address]

	== Examples in the Wild ==		== Examples in the Wild ==

Angel: /* Beehive Insurance */ link

2016-03-22T22:48:45Z

Beehive Insurance: link

← Older revision		Revision as of 22:48, 22 March 2016
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	===Beehive Insurance===		===Beehive Insurance===
	Contact Susan Smith[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]		Contact Susan Smith of [http://beehiveinsurance.com/bicycle-collective-quote/ Beehive Insurance] [http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]

	===Cambridge Insurance===		===Cambridge Insurance===
	Contact Kyle Hatchett[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]		Contact Kyle Hatchett[http://lists.bikecollectives.org/htdig.cgi/thethinktank-bikecollectives.org/2014-August/036833.html]