Where can I buy insurance for my high-powered rocket?
I am in the due diligence stage of an all-volunteer attempt to win the N-Prize (a contest to launch a tiny satellite into low Earth orbit). I have no problem near the DOT/FAA paperwork requirements, but I'm not sure where our engineer/team leader can buy the required insurance. We're doing everything we can to minimize liability so we aren't going to entail more than a few hundred thousand dollars of coverage.
In short, what companies sell rocket insurance?
Answers:
umm..... none. Commercial insurance doesn't cover rockets. If you are truly doing this for the Nobel prize you should have better resources than InsuranceQuotesFAQ.com.
Wow, haven't heard that one before! Good luck on your endeavors.
There is no "rocket insurance". You're going to stipulation to find a surplus carrier for this. Brace yourself, it's going to be very, particularly expensive. I would start by finding a carrier that deals beside liabilities associated with explosive and/or volatile materials. I'd do a google investigate for "surplus insurance" and your state. Source(s): Insurance Agent
You can Talk to X Prize Foundation Staff for some Recomendations. Also you can talk to some of the Past Participants of xprize Lunar and Rocket Launch competitions check out www.xprize.org
Also you can check out some Space competitions tabled at:
http://www.bigfatprize.com/prize/index.p…
http://www.bigfatprize.com/prize/index.p… Source(s): www.bigfatprize.com
Related Questions:
In short, what companies sell rocket insurance?
Answers:
umm..... none. Commercial insurance doesn't cover rockets. If you are truly doing this for the Nobel prize you should have better resources than InsuranceQuotesFAQ.com.
Wow, haven't heard that one before! Good luck on your endeavors.
There is no "rocket insurance". You're going to stipulation to find a surplus carrier for this. Brace yourself, it's going to be very, particularly expensive. I would start by finding a carrier that deals beside liabilities associated with explosive and/or volatile materials. I'd do a google investigate for "surplus insurance" and your state. Source(s): Insurance Agent
You can Talk to X Prize Foundation Staff for some Recomendations. Also you can talk to some of the Past Participants of xprize Lunar and Rocket Launch competitions check out www.xprize.org
Also you can check out some Space competitions tabled at:
http://www.bigfatprize.com/prize/index.p…
http://www.bigfatprize.com/prize/index.p… Source(s): www.bigfatprize.com
Related Questions:
- What is the nippiest vehicle a 21 yr frail contained by the uk could buy for a satisfactory insurance price?
- About buying Travel Insurance... can this be true?
- Buy Insurance or Go To Jail, how lots of you ponder to be precise right to do to any America? Even the poor?
- Buying insurance as needed?
- I lost my mom contained by 04 and my enthusiasm go near it. i bought a house and coup¨¦ next to the insurance money. i received?