User:Mct/insurance-notes-2017-10-24

• main concerns
  • alcohol & minor policy
    • we had existing policies
  • loaned tools
  • general liability
    • on the board
    • on ps1 generally
      • pretty-well covered
    • on authorizers, loaned tool owners
  • maintenance & record-keeping
    • always asked about, when there are legal concerns over injuries
  • privacy & document security
  • building access
  • tool authorization
• insurance
  • one layer of protection for the space, in addition to the solutions to the
• above
  • loaned tool stuff
    • we need an insurance policy that says that tool owners are additionally
  • insured
    • • so if there's an accident with a tool & someone sues, we want ps1's
    • insurance to cover the legal fees
    • we're considering a loaned tool policy, but that by itself can't
  • won't help people who are sued
  • current status
    • current insurance is inadequate
      • holes we need to fill
    • lawyer gave two recommendations
      • one actually knows what a makerspace is
        • has requirements we can't fill
          • need to have 'project approval process'
            • each one verified by the board
          • 24-hour supervision
            • would amount to an employee
            • if they were members, they wouldn't be able to work on
          • anything while supervising
      • other one's going to call back
    • alternatively: make list of demands to give to current insurance
  • provider
    • • need to come up with list of demands
      • need to know what our current policy covers
        • lawyer did an analysis of our current things, but we need to
      • find it
        • would dovetail well with a packet of nonprofit stuff we can
      • hand to people (companies) to see if they'll give us free stuff
    • alternatively still: talk to andrew's insurance provider
      • they gave his company insurance, which is at least as negligent as
    • we are
      • they gave some other space insurance
    • this one guy knows a good insurance guy who specializes in nonprofits
  • can we come up with a timeline for dealing with the insurance situation by
• the end of the year?
  • • need this because we're going to have a new board next year
      • all effort might get lost
  • one issue is that even if we get insurance, if something goes wrong & they
• come & look around & we don't have good procedures/policies in place, they'll
• freak out & it'll be worse
• insurance is one layer of protection
  • there's a federal volunteer protection act
    • doesn't prevent someone from being sued, which is expensive even if it
  • isn't successful
  • 'mitigation of risk is a process'
• to do
  • make a list of requirements for insurance