Failed eyebolts?

[rocketsmith]

David

If both the victim and the rocket owner are covered, the policy pays. Period. The end.

The victim is paid whether or not he is insured and the rocket owner is covered if they are NAR or TRA members because both insurances are primary policies. Only if the damages exceed the policy value, or if there is a minimum deductible does the rocket owner have to pay out of pocket, or via a secondary insurance policy. That it. It is group insurance policy.

The insurance policy premiums are in the $50K to $60K range annually. The very few claims have been a few thousand dollars.

Bob

Thanks for the clarification, Bob. Good to know I am covered for "unfortunate incidents" that seem to follow the adventurous hobby I love so much.
Does the same hold true if someone hurts a non-member spectator? Or damages a non members property?

My point really was to reiterate that personal responsibility is paramount here. Just because one is covered for idiocy doesn't excuse lack of forethought. Use forged eye bolts or u-bolts. Period. The end.

[Nerull]

David

If both the victim and the rocket owner are covered, the policy pays. Period. The end.

The victim is paid whether or not he is insured and the rocket owner is covered if they are NAR or TRA members because both insurances are primary policies. Only if the damages exceed the policy value, or if there is a minimum deductible does the rocket owner have to pay out of pocket, or via a secondary insurance policy. That it. It is group insurance policy.

The insurance policy premiums are in the $50K to $60K range annually. The very few claims have been a few thousand dollars.

If the claims were to get large, the the next years premium would increase, possibly to the level where affordability could become an issue, which is one of the reasons why safety is such a big issue, as the FAA requires that rocketry activities have the permission of the landowner, and virtually all landowners want insurance to indemnify them in the case of a loss which both NAR Section and TRA Prefecture launch insurance do.

Bob

NAR insurance does have a $5000 deductable, though it sounds like it is billed to the NAR and not you. The insurance FAQ states that members are personally responsible for the first $1000. If more than one claim is filed against you during the policy period, you are responsible for the entire amount.

[alexzogh]

I've Developed a method/ invention to solve this problem. It is cheap, easy, and will reduce the shock on both the eye bolt AND the shock cord. Give me a week to get the video tutorial filmed and posted. I'll post it under the "Techniques" category and title it "The Geraci mount"

I really think you'll like it. Again, give me about a week or so.

Back in my military days, if we ever went topside on a submarine while at sea we were required to wear a safety harness that included a "shock absorber". The shock absorption was kevlar threads that were sewn into the lanyard creating slack on the rope. As the threads broke, they would absorb energy, reducing the fall arresting forces to the wearer. I can personally attest, they worked great :>

Worked something like this one: http://www.directindustry.com/prod/t...36-853819.html , but wasn't reusable.