Insurance
Insurance
The hackerspace talk "Building-hacker-spaces-everywhere-Your-excuses-are-invalid " has a little info on insurance. One creator explained insurance was 2k a year Noisebridge. They talked about it being easier than you thought to insure something with the name 'hacker' in it. Some also had success getting insurance as a vocational school. Others claimed commercial general liability was appropriate, where they just request you inventory your tools and those are what they cover.
I would definitely like someone to make some calls and log their results here
I found some company who offers this vocational insurance: http://www.nationwide.com/vocational-insurance-hb.jsp File:Insurance1.pdf
Twin Cities Maker uses https://www.fracturedatlas.org/ who apparently offer all sorts of neat services
Board of Directors Insurance
This is so the board can't be sued
- Freeside Atlanta hackerspace's = 300/year
We got a quote from Lovitt & Touché, Inc which was apparently just for D&O but came to 1k-2500 which was higher than we cared to pay
Also looking into Carolina Casualty Insurance Company
Liability
- NYC Resistor's Insurance cost is 4k per year (Source Bre Pettis)
- NoiseBridge cost was about 2k per year(including Board insurance) (Source http://lists.hackerspaces.org/pipermail/discuss/2009-January/000137.html)
Theft
NoiseBridge in the above source indicates this was 'too expensive'