TerraBites

A short newsletter of bite-size ideas to chew on for Terrafirma owner-member land trusts, released January, February, May, June, September, October and November.

 

Posts from December 2014

Make a list and check it twice

When transit companies purchase insurance for their fleet of taxis or buses, they have to list every taxi driver or bus driver in their application.  Conservation defense is similar.  For each category of property right you choose to insure (conservation easement, trail easement, fee land, etc.) you have to list every parcel.  If you leave out parcels owned by some landowners, it prevents Terrafirma from accurately determining how much your insurance should cost.  Worse, it could cause problems later on when you’re trying to submit a claim.  So make sure when you’re enrolling or updating your application to include all of the parcels for each category of property rights you’ve chosen to insure.

We’re here to help! If you have any questions about listing parcels or anything else, please let us know. You can email us directly or call 202-800-2219 for Lorri or 802-262-6051 for Leslie.

 

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