$1mil insurance policy?

[ctom87]

Trying to come to terms on my first lease and the land owner has put that I need to purchase a $1,000,000 "general liabilities insurance policy". I have never heard of this, and when I Google it, it looks like something a small business would purchase in the event their product or service injured someone.

So to me, they should be buying the insurance policy, not me. I'm already paying for the lease.

Is this unreasonable? If not, can anyone on the GS who is licensed and approved to do business in the state help me get a very inexpensive policy lasting from Sept 1 - Jan 17?

[AntlerCollector]

I know hunting lease insurance is cheap, and fairly common. I’m not sure if it’s a million dollar policy that’s cheap though.

If you google: Hunting lease insurance Texas you may find what you need.

[ctom87]

I know hunting lease insurance is cheap, and fairly common. I’m not sure if it’s a million dollar policy that’s cheap though.

If you google: Hunting lease insurance Texas you may find what you need.

Thank you AC.

[SabineHunter]

Trying to come to terms on my first lease and the land owner has put that I need to purchase a $1,000,000 "general liabilities insurance policy". I have never heard of this, and when I Google it, it looks like something a small business would purchase in the event their product or service injured someone.

So to me, they should be buying the insurance policy, not me. I'm already paying for the lease.

Is this unreasonable? If not, can anyone on the GS who is licensed and approved to do business in the state help me get a very inexpensive policy lasting from Sept 1 - Jan 17?

I believe the NRA has such a policy. Check it out.

[No-Tox]

QDMA has Hunter Lease Liability Insurance and it is pretty reasonable, depending on the amount of acres.

[BrandonA]

Something Else you may mention to the landowner is the Agritourism law which protects landowners if posted. We have a sign posted at the entrance to our ranch. In a nutshell it says landowners can't me held liable for injuries or death if so person was participating in outdoor activities.

[Artos]

Ours is the same w/ the $1mm policy & have been doing it for years...

[SaltwaterSlick]

Something Else you may mention to the landowner is the Agritourism law which protects landowners if posted. We have a sign posted at the entrance to our ranch. In a nutshell it says landowners can't me held liable for injuries or death if so person was participating in outdoor activities.

[ATTACH]1016583[/ATTACH]

Same sign is posted on all the gates that are on public roads on our ranch too.


We also have a lease insurance policy through the QDMA, and it's pretty cheap. It protects the lease members and land owners. Just go to the QDMA web site and search lease insurance... Right now is the time to get the policy. They all start Sept. 1 and run thru August 31 and are pretty much a flat rate by acreage of the lease land size. You can purchase extra insured riders if necessary.

[perryr]

Would an umbrella policy work? They are fairly cheap and common.

[150class]

1 mill in liability is not terrible if I am not mistaken.

Isn't is 50-125$ a month or so?

[ctom87]

QDMA has Hunter Lease Liability Insurance and it is pretty reasonable, depending on the amount of acres.

I found the QDMA policy. Seems pretty reasonable. I guess I'll apply for this when if I can get a few more things ratified on the contract.

[BrandonA]

1 mill in liability is not terrible if I am not mistaken.

Isn't is 50-125$ a month or so?

https://ahuntinglease.org/quality-deer-insurance?utm_medium=google&utm_source=cpc&utm_campaign=compete&utm_term=qdma-insurance&utm_content=qdma-comp-ag&gclid=Cj0KCQjw7ZL6BRCmARIsAH6XFDLZjBOCc6rYnnNw4uxl5WJOHYVGbgp5rd_jF4cozuLGZToz0Gc6dnkaAotgEALw_wcB

[S-3 Ranch]

You got off lite , I know landowner that requires 5 million
Cost +/- $2500 per year on 5M

My 2ct is get a good policy from a reputable company, a nra or mass group company is toilet paper if you ever need it

[Hoytbowhunter]

Geez, if it wasn’t expensive enough to hunt.

[ctom87]

Hmm this brings up another question... the contract states LO must be named as co-insured... Does this just mean he must be one of the parties who would receive payment?