04:21:46pm, Monday, April 29, 2024
Liability Insurance and pulling, Tony Stewart settlement
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BIGUNSFROMSWOHIO
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Stewart settled out of court today in the Ward racing death, but; there was an interesting part in the article that said Stewart’s insurance company was not liable because the race series was not listed in Stewart’s insurance policy. Extrapolate that out to pulling, as pullers
1. Do we need to purchase our own liability insurance? 2. Do we need to list the series we plan to run? Might be a valuable lesson for all of us to consider. Here is the excerpt Stewart, and not his insurance company, may be responsible for any payments of the settlement. Hurd ruled in 2016 that Axis Insurance Company was not responsible for defending Stewart and paying any settlements or judgments because the Empire Super Sprints was not among the series listed as being covered in his policy. After initially appealing the ruling on the insurance policy, Stewart dropped the appeal. It is unclear if Stewart had any additional insurance policies that would cover the Ward family's claims. |
Re: Liability Insurance and pulling, Tony Stewart settlement
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we don't pull at brush pulls because of that reason. |
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