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 <rigsby...@gmail.com> 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 coworking@googlegroups.com. > To unsubscribe from this group, send email to > coworking+unsubscr...@googlegroups.com. > 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 coworking@googlegroups.com. To unsubscribe from this group, send email to coworking+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
