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Who to Ride With, Where to Ride
ESPY Park in Pekin, IL
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[QUOTE="Erick82, post: 570019, member: 34457"] Wardy, I am currious about the insurance issue and solutions. What type of insurance do you and other track owners have, liability, umbrella policy? Just curious, if everyone signs wavers and you ride at your own risk, what kind of insurance is required. I personally would set the property up in a Land trust make my self the sole bennifical of the propety. Have a seperate company set up that operates the property and leases it from the land trust. There for I am not personally liable, second the land trust owns the poperty, but does not operate the tack. So, go head sue the operating company I don't care they don't have anything. Any profits are distributed to stock holder and there wouldn't be any because the rent would make it only about break even. The only insurance I would have would be on buildings and equipment. Let me know your thoughts. Make sure you got a good attorny to draw up the legal docs and screw the high insurance. [/QUOTE]
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Who to Ride With, Where to Ride
ESPY Park in Pekin, IL
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