Projects/Hackspace2.0/Insurance

Objective

 * Obtain Insurance for Reading Maker Space Ltd as required by Reading Council for rental of potential new Hackspace premises
 * Obtain any other insurances required for the legal day to day activities of Reading Maker Space Ltd
 * Investigate other insurances which may be of value to the Hackspace or Hackspace members

Insurance Guide
A guide from Southampton Council ion insurance for community groups. http://www.southampton.gov.uk/Images/How%20and%20where%20to%20get%20insurance%20guide_tcm46-328152.pdf

Required

 * Public Liability Insurance
 * Employee Liability Insurance
 * Product Liability Insurance

Not Required

 * Insurance of Hackspace members property (Members should check their personal insurance covers this or accept risk)
 * 3rd party Insurance on behalf of Hackspace Members (Members should check their personal insurance covers this)
 * Insurance for injury or loss for any Hackspace member (Members should check their personal insurance covers this, and any personal insurance is not effected by activities which may be undertaken in the Hackspace)

= May be required depending on value ==
 * Insurance of Reading Maker Space Ltd assets or property
 * Insurance of major events organised by Hackspace (this could be considered on a per event basis)

Specific Landlord Requirement
The landlords "Allenway Ltd" require us to have adequate insurance for the Weldale Street workshop. The insurance must have a minimum £1000000 of cover for accidental damage to the building or accidental injury to any person while on the premises..

What other Hackspaces and groups do
* London Hackspace: We have a bog standard public liability policy through http://www.kl-insurance.co.uk - this was required by our lease and costs us around £120/year. * Nottingham Hackspace: Wiki Page Employer's Liability £10 Million Public Liability £2 million Products Liability £2 million Total Premium £784.69 per year Insurer/Agent Quotedesk * Bristol Hackspace: Hackspace insurance Use artists insurance, but don't have permanent premises * Model Engineering Clubs Walker Midgley Public, Product, and Employee liability £5 million Premium £402.6 per year * Richard's Woodland Not really same, but for reference Employee Liability £10 million Public Liability £5 million Product liability £5 million Premium £ 262.70 per year Insurer/Agent Towergate London Market/ Beechtree

Potential Insurers and Status
Endsleigh Insurance (Brokers) Limited. http://www.endsleigh-business.co.uk/Tailored/Pages/community-groups.aspx

www.kl-insurance.co.uk

www.quotedesk.co.uk

Walker Midgley

Towergate London Market/ Beechtree

The Insured
Reading Maker Space Limited

Company Number: 07628386

Company Type: Private Limited By Guarantee without Share Capital SIC Code: 9133, Other Membership Organisations

Inc. Date: 10 May 2011' Annual Returns: 10 May 2012

Registered Address

23 Priory Point, Southcote Lane, Reading, Berkshire. RG30 3ES

Trading Address

Unit 1 Bulding C, Weldale Street, Reading, Berkshire. RG1 7BX