In addition to everything that Tom said (which is spot on with our arrangement), I strongly recommend speaking with an insurance agent that understands coworking, lest your policy costs go sky high.
I've referred our agent for The Hartford to people all over the US and they've been able to help or make recommendations. Preston-Patterson Co., Inc. P.O. Box 244 Conshohocken, PA 19428 Phone: (610) 834-0090 You can ask for Stuart or Diane and let them know that Alex from Independents Hall recommended you. We don't get any kickbacks on this, I just love recommending great people that "get it". -Alex -- /ah indyhall.org coworking in philadelphia On Monday, July 16, 2012 at 11:39 PM, Tom Brandt wrote: > Your landlord will likely require that you provide liability insurance > insuring them against anything that might happen to someone while in the > space. This is a pretty standard lease requirement. You will want similar > coverage in case someone injures themselves or, God forbid, dies for some > reason. We are insured up to $1,000,000 per occurrence, with a $2,000,000 cap. > > Beyond that, you will want to investigate insuring your assets against theft > and damage. This is pretty much adding up the value of the assets and > insuring for that amount. We insure Workantile property, but not members' > property. > > Your example of a electrical surge damaging someone's computer is, I think, > their problem. Electrical surges are a power company issue, not one of yours > and I don't think you can be held responsible for it. > > You might consider insuring against the revenue loss that would occur if the > space is unusable due to fire or some other catastrophe. Typically, you would > insure up to some number of months of revenue loss. > > On Wed, Jul 11, 2012 at 9:58 AM, Andrew Harben <[email protected] > (mailto:[email protected])> wrote: > > We are just setting up for 40 seats and are thinking about insurance, one > > of those subjects that can be a chore but is very necessary. > > > > The coworkers will be aware of, and sign their acknowledgment to the fact, > > that they remain responsible for their own property at all times - easy > > enough. We are intending to have small lockers to rent, if they are staying > > or a week or month and don't want to carry their stuff to lunch or home > > every evening - they are still solely responsible. > > > > But the site will have machines for printing, servers for data and the > > like, so we need to cover these items for loss or damage. And we intend to > > provide 24/7 access to VIP members but there won't be sitestaff here all > > the time (there'll be an magswipe access door system, camera's etc.). > > > > And what if their are charging their notebook and there is a major spike in > > the power supply. > > > > So have you got any tips from your own experiences? > > > > 'Speak' soon > > > > Andrew > > > > > > > > > > -- > > You received this message because you are subscribed to the Google Groups > > "Coworking" group. > > To view this discussion on the web visit > > https://groups.google.com/d/msg/coworking/-/fsb0XQhkYyUJ. > > To post to this group, send email to [email protected] > > (mailto:[email protected]). > > To unsubscribe from this group, send email to > > [email protected] > > (mailto:coworking%[email protected]). > > For more options, visit this group at > > http://groups.google.com/group/coworking?hl=en. > > > > -- > twb > member, Workantile (http://workantile.com/) > @twbrandt > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected] > (mailto:[email protected]). > To unsubscribe from this group, send email to > [email protected] > (mailto:[email protected]). > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
