Special Event Coverage for Bicycle Fund Raising Events

Special Event Coverage for Bicycle Fund Raising Events
Posted on in Featured, Insurance Management

Print This Post Print This Post

If you are planning a bicycle event to raise funds at your affiliate, don’t forget that you are required to obtain a separate Liability/Special Event insurance coverage to cover the event. HFHI requires that affiliates have Special Event coverage with a $2 million per occurrence limit. Additionally, the policy must name Habitat for Humanity International, Inc. as an Additional Insured.

Please be aware, however, that coverage for bicycle (and some other types of special events) is NOT included in the General Liability insurance issued by ACE as part of the Habitat for Humanity Affiliate Insurance Program. (See the Insurance Management & Other Tools section on the affiliate page of our website for more information about covered Special Events.)

In fact, insurance coverage for bicycle events is becoming difficult to find. Several very large insurance claims involving bicycle events have steered most insurance companies away from writing this coverage. There are some insurance carriers that offer coverage for spectators, but coverage for event participants is excluded. Spectator-only coverage is NOT sufficient or acceptable for Habitat affiliates.

We’ve found that the only way most insurance companies are willing to offer coverage for event participants is if the event route is completely blocked off during the course of the event, which in most cases is not a feasible option.

A good option for your Special Events coverage

McKay Insurance Agency (Knoxville, IA) offers a Special Event policy for bicycle events, underwritten by Lexington Insurance Company (an AIG Company). Coverage for participants is included in the policy, without the street closure requirement.

The policy through McKay offers a $1 million per occurrence limit ($2 million aggregate). To meet HFHI’s $2 million per occurrence limit requirement, affiliates also need to purchase an additional $1 million Excess Liability policy limit from McKay.

One of the essential requirements of the policy through McKay is that a signed waiver MUST be received from all event participants. Failure to comply with this and other policy conditions will void coverage, so it’s important to read the conditions and requirements carefully.

Lockton is not affiliated with McKay Insurance Company and therefore, we do not know whether McKay’s Special Event program will continue to be a possible solution for affiliate-sponsored bicycle events. If affiliates are unable to obtain adequate bicycle event coverage, they will no longer be permitted to sponsor bicycle fund-raising events.

Habitat affiliates should work with McKay Insurance Agency directly to secure a policy for bicycle events. Call them toll-free at 800-942-0283.

comments powered by Disqus

Sorry, that passcode is incorrect.


Online Training Course Instructions

Read this entirely before proceeding to a training course.

Access Code: W8NAEBTG

Recommended Courses

  • You are Exposed: General Affiliate Safety
  • Fall Safety
  • ReStore Safety & Loss Control
  • Volunteering on a Habitat for Humanity Job Site

Take Training Course Now
  • After reading these instructions in their entirety, click on Take Training Course Now.
  • In the Employee Access Code box enter: W8NAEBTG and press Submit. This is the code for all Habitat affiliates and volunteers to use.
  • The Safety Courses catalog screen offers a diverse selection of safety courses, including four Habitat-specific courses. Course completion time ranges from 15 to 30 minutes.
  • Click the name of the course you wish to take. The course loads and starts automatically. When the presentation has ended you will be prompted to take a Quiz.
  • Upon completion of the Quiz, you’ll be given your accuracy score, indicating Pass or Fail.
  • If you Fail, you may log in again and re-take the course at a later time
  • If you Pass, you will be directed to a course completion screen. On this screen enter your First Name and Last Name in the appropriate fields. In the Location field enter the Habitat affiliate name you are working with.
  • Course completion information is provided to HFHI, the program administrator and program underwriter.