No matter the preparations we make, there are some things that we are not and cannot prepare for. An injury on a trail, a storm that wreaks havoc on an office building, an easement violation, encroachments, a heated legal battle, etc.
Land trusts need a sound risk management plan, which includes having the right type of insurance coverage. Risk is present each day in a land trusts’ work. Accepting this fact and having a dynamic plan in place can facilitate a measured response, reduce effort, increase effectiveness, and save money.