[Steam-engine] Show Insurance

Thu Mar 9 03:16:35 PST 2006

I handle the insurance for our club. It is the biggest expense we have. I have found what I consider a reasonable policy for a couple of other groups I belong to. But there are conditions to it. #1 is the club can not own real property. What they are talking about there is land or buildings. #2 the group has to be non profit. There are other conditions but are minor. The insurance is through Hagerty. It is called Non-Profit Club Insurance. You can go to their web site and it will tell you some about it. The two clubs I helped get it this last year pay a premium of about $250 per year. Go to their web site and give them a call and they will mail or e-mail you the forms for a quote. It does not cost anything other than time. They do cover steam. The antique steam boiler assc here in Wisc has them for its insurance. You can add the property owners on the policy for events as the boiler assc sponsors a steam school up here and they have named added the place holding the school on
  their
 policy. As for our clubs insurance we own about 100 acres. So this policy will not work. Our Liab coverage runs about 9 to 10 thousand a year. plus inland marine coverage on our buildings we paid a total last year of about $19500, in insurance premuins. Not cheap by no means. But we were paying $24000 before I took it over, for less coverage. 

James Mackessy <jmackess at twcny.rr.com> wrote:  Paul,
I hope you keep this on-list as it is a relevant topic. We are holding a
one
day show, mostly for modelers, but we do steam a portable and some smaller
boilers. As you mention, the recent trend is towards "event insurance",
instead
of a yearly policy. My insurance people are trying to help, but, truth be
told,
they don't know a boiler from a beer can and really have no idea of what to
do with this request. Keep us posted as to your progress, and Good Luck!
Best Regards;
Jim Mackessy
----- Original Message ----- 
From: "Paul Ward" 

To: "Steam" 
Sent: Wednesday, March 08, 2006 10:55 PM
Subject: [Steam-engine] Show Insurance

> Gang,
>
> I have been asked by our local club to determine a close estimate for the
> cost for insurance for a three-day show. In the past our club was
fortunate
> enough to be covered by the local Ohio Park's insurance. In order to
steam
> at the park this year, we have been informed that we need to provide a 2
> million dollar rider on the State Park's Insurance. Do you have any
> recommendations for insurance agents that understand steam shows and how
> they are covered? Any advice is appreciated.
>
> You can contact me off-list at the email below.
>
> Cheers,
>
> Paul Ward
> psward at neo.rr.com
> 1897 Peerless 10HP
>
>
> _______________________________________________
> Steam-engine mailing list
> http://www.stationary-engine.com/mailman/listinfo/steam-engine
>

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I handle the insurance for our club. It is the biggest expense we have. I have found what I consider a reasonable policy for a couple of other groups I belong to. But there are conditions to it. #1 is the club can not own real property. What they are talking about there is land or buildings. #2 the group has to be non profit. There are other conditions but are minor. The insurance is through Hagerty. It is called Non-Profit Club Insurance. You can go to their web site and it will tell you some about it. The two clubs I helped get it this last year pay a premium of about $250 per year. Go to their web site and give them a call and they will mail or e-mail you the forms for a quote. It does not cost anything other than time. They do cover steam. The antique steam boiler assc here in Wisc has them for its insurance. You can add the property owners on the policy for events as the boiler assc sponsors a steam school up here and they have named added the place holding the school on
 their
 policy. As for our clubs insurance we own about 100 acres. So this policy will not work. Our Liab coverage runs about 9 to 10 thousand a year. plus inland marine coverage on our buildings we paid a total last year of about $19500, in insurance premuins. Not cheap by no means. But we were paying $24000 before I took it over, for less coverage. James Mackessy <jmackess at twcny.rr.com> wrote: <BLOCKQUOTE class=replbq style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid">Paul, I hope you keep this on-list as it is a relevant topic. We are holding a one day show, mostly for modelers, but we do steam a portable and some smaller boilers. As you mention, the recent trend is towards "event insurance", instead of a yearly policy. My insurance people are trying to help, but, truth be told, they don't know a boiler from a beer can and really have no idea of what to do with this request. Keep us posted as to your
 progress, and Good Luck! Best Regards; Jim Mackessy ----- Original Message ----- From: "Paul Ward" <PSWARD at NEO.RR.COM> To: "Steam" <STEAM-ENGINE at LISTS.STATIONARY-ENGINE.COM> Sent: Wednesday, March 08, 2006 10:55 PM Subject: [Steam-engine] Show Insurance > Gang, > > I have been asked by our local club to determine a close estimate for the > cost for insurance for a three-day show. In the past our club was fortunate > enough to be covered by the local Ohio Park's insurance. In order to steam > at the park this year, we have been informed that we need to provide a 2 > million dollar rider on the State Park's Insurance. Do you have any > recommendations for insurance agents that understand steam shows and how > they are covered? Any advice is appreciated. > > You can contact me off-list at the email below. > > Cheers, > > Paul Ward >
 psward at neo.rr.com > 1897 Peerless 10HP > > > _______________________________________________ > Steam-engine mailing list > http://www.stationary-engine.com/mailman/listinfo/steam-engine > _______________________________________________ Steam-engine mailing list http://www.stationary-engine.com/mailman/listinfo/steam-engine </BLOCKQUOTE>