DRR Pro
| I agree with 67TSChevy2; LLC owns the race car. The LLC buys the Umbrella policy protecting the LLC owners. Still a risk no matter what. I was going to let some guys make passes in my slow S10 but even then, if they get confused or mess up it could get ugly. The track Release of Liability is barely worth the paper it's written on as no signatures are notorized and dates of of each page are just dates. I serves the purpose of hoping to get a settlement before it goes to a judge or jury. Been there, seen it in action. Jok |
| | | Posts: 1250 | Location: Janesville, IA | Registered: December 21, 2004 | 
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DRR Sportsman
| I am not lawyer nor did I stay at a holiday inn express last night but I deal with accidents and negligence at work all the time and this came up this morning before I logged in here. Google your state laws on negligent entrustment for automobiles. The doctrine of negligent entrustment has been recognized under Maryland law since 1934, and it is similar in all other states. The theory behind negligent entrustment is that the “entrustor” (i.e., the vehicle owner) should be liable for negligence when they loan their car to a third person. ---------- General google search Negligent entrustment is a legal theory that holds a vehicle owner liable for injuries caused by a driver they allowed to use their vehicle, even if the owner wasn't present at the time of the accident. This can apply to any type of accident involving a dangerous instrumentality, but is most common in auto tort cases.
72 Nova "Hooptie"
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| | | Posts: 799 | Location: Hanover, MD | Registered: June 20, 2016 |
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DRR Trophy
| quote: Originally posted by TomR:
I am not lawyer nor did I stay at a holiday inn express last night but I deal with accidents and negligence at work all the time and this came up this morning before I logged in here.
Google your state laws on negligent entrustment for automobiles.
The doctrine of negligent entrustment has been recognized under Maryland law since 1934, and it is similar in all other states. The theory behind negligent entrustment is that the “entrustor” (i.e., the vehicle owner) should be liable for negligence when they loan their car to a third person.
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General google search
Negligent entrustment is a legal theory that holds a vehicle owner liable for injuries caused by a driver they allowed to use their vehicle, even if the owner wasn't present at the time of the accident. This can apply to any type of accident involving a dangerous instrumentality, but is most common in auto tort cases.
I would bet money that there's something in there that says it only applies to street legal/highway operation not competition-only vehicles and/or closed circuit courses. |
| | | Posts: 125 | Location: Imperial, CA | Registered: September 12, 2013 |
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