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Main Boards => PowWow => Topic started by: Ryan Rothhaar on August 03, 2018, 11:54:31 AM

Title: lease insurance - traditional only lease
Post by: Ryan Rothhaar on August 03, 2018, 11:54:31 AM
I'm thinking of getting involved in a lease... I recall someone on here does lease liability insurance.....can't find in search.  Does someone on here do that, or have good recommendation in the Midwest?

Thanks! 

R
Title: Re: lease insurance - traditional only lease
Post by: Basinboy on August 03, 2018, 04:39:33 PM
Buckmasters offers hunting lease insurance pretty reasonable
Title: Re: lease insurance - traditional only lease
Post by: old_goat2 on August 03, 2018, 06:14:07 PM
So, curious now, why do you need insurance, what exactly does it cover?
Title: Re: lease insurance - traditional only lease
Post by: M60gunner on August 03, 2018, 06:25:49 PM
I am guessing this would be in case you do any damage to the owners property? If I recall NFFA membership includes some sort of insurance. Not sure of IBO.
Title: Re: lease insurance - traditional only lease
Post by: Huntschool on August 03, 2018, 06:37:19 PM
Ryan:

I can not tell you exactly who to go to but if there is a group in this lease it would be best for the group to form an LLC and insure that LLC.  At that point if you want to cover your butt independently under liability that's for you to decide.

in the cases of the leases I worked with in TX, SC and several other states it was best for the group to form an LLC.

Just some thoughts.
Title: Re: lease insurance - traditional only lease
Post by: J. Holden on August 03, 2018, 08:35:48 PM
Maybe this is the gentlemen you're thinking of?

http://www.andersohnlaw.com

I'll also echo forming an LLC.  It will eliminate someone trying to come after your home, car, etc.

-Jeremy
Title: Re: lease insurance - traditional only lease
Post by: LCJ-CSA on August 04, 2018, 10:34:45 AM
I have a traditional only lease here in Georgia.  For me, the insurance is included in the lease price.  The lease is held by a timber company. The insurance is not optional. They also require me to have each person hunting on the lease to sign a "hold harmless" agreement that essentially releases the timber company from any liability. 

Lee
Title: Re: lease insurance - traditional only lease
Post by: Hud on August 05, 2018, 12:44:09 AM
Great topic, as land open to the public receives more and more pressure, the good areas with game are further from roads, or in private hands.