Penobscot Observation Deck To Reopen?

[davewindsor]

I agree that insurance will be a cost, but $450 a day? That's $160,000 per year. I don't think insurance would cost that much just for the observation deck.

And if one person gets seriously injured a year, do you think their lawyer is gonna ask for less than $160,000?

[Khorasaurus]

And if one person gets seriously injured a year, do you think their lawyer is gonna ask for less than $160,000?

Fortunately, that's not how insurance works. By the way, a quick Google search indicates that insuring an entire building the size of the Penobscot costs a couple hundred grand a year. They aren't going to nearly double that just because of an observation deck.

They'd probably ask for it to be fully enclosed somehow to even insure it all, then add a more more reasonable amount onto the premium.

[davewindsor]

Fortunately, that's not how insurance works. By the way, a quick Google search indicates that insuring an entire building the size of the Penobscot costs a couple hundred grand a year. They aren't going to nearly double that just because of an observation deck.

They'd probably ask for it to be fully enclosed somehow to even insure it all, then add a more more reasonable amount onto the premium.

An observation deck is a completely different can of worms from offices. It's not like adding another floor of offices to an existing office building. Unless the observation deck is fully enclosed in glass, I can't imagine a "more reasonable" premium. If a penny or marble can get through a mesh or net enclosure, it's a big liability if it hits someone on the sidewalk below. If a jumper manages to jump on the safety net a few times and fall through and then land on someone on the sidewalk below, it's also a big liability.