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John Hauck
Joined: 09 Jan 2006
Posts: 4639
Location: Titus, Alabama (hauck's holler)
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 Posted: Tue Feb 28, 2006 9:18 am Post subject: Insurance :( |
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| I dont care about or even want liability or any type of in flight
insurance. Evil or Very Mad]
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| Michael A. Bigelow
I'm just the opposite. Rather have liability insurance than hull.
Liability is much cheaper. A small incident in the aviation world
could cost a fortune if I was at fault. The possibility to getting
involved in a liable suit is great, whether we like it or not.
Paid my bills this morning. One check was for $1,500.00 for my MKIII
insurance from Falcon, the EAA recognized insurance company. That
covers $30,000.00 hull and $1,000,000.00 liability any where in the
Lower 48, Canada, and Alaska. Unlike AVEMCO, Falcon covers me
"anywhere" in Alaska and Canada. AVEMCO covered me up to the Arctic
Circle. Had to pay a super big additional fee to be covered north of
the Arctic Circle. Another plus is no deductible for in flight or on
the ground claims.
Prerequisite is EAA member ship and member of an EAA Chapter. If I
need it, it is more than worth it.
Another thought. I don't want an uninsured individual to destroy my
MKIII with his Challenger, Quicksilver, etc. The possibility of that
happening, especially at flyins, is great. We have had thunderstorms
rip and tear airplanes loose from their tie downs, slamming them into
other airplanes, like mine, that were tied down properly and did not
break loose. There are also all levels of pilot ability. I saw a
Kolb Twinstar T-Bone a future Sun and Fun Grand Champion Twinstar
because the pilot made a very dumb decision.
I did fly my first two airplanes, US and FS, without insurance,
because there was no insurance of any kind available at that time.
Glad I did not need it then.
Take care,
john h
MKIII
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_________________
John Hauck
MKIII/912ULS
hauck's holler
Titus, Alabama |
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Richard Pike
Joined: 09 Jan 2006
Posts: 1671
Location: Blountville, Tennessee
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| Posted: Tue Feb 28, 2006 10:19 am Post subject: Insurance :( |
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I will add just a bit to John's reply because I also have Falcon, with
$20,000 hull and one million liability, but the hull coverage is "not in
motion." If I crash it, I lose it, but if it is sitting still and
something else trashes it, or a tree falls on the hangar, I get paid
off. This saves me a bundle, premium is $672 a year. And most of that is
for the liability - if I drop the hull coverage, I only save a little,
can't remember how much, not enough to matter. Food for thought.
Richard Pike
MKIII N420P (420ldPoops)
John Hauck wrote:
| Quote: |
| I dont care about or even want liability or any type of in flight
insurance. Evil or Very Mad]
|
| Michael A. Bigelow
I'm just the opposite. Rather have liability insurance than hull.
Liability is much cheaper. A small incident in the aviation world
could cost a fortune if I was at fault. The possibility to getting
involved in a liable suit is great, whether we like it or not.
Paid my bills this morning. One check was for $1,500.00 for my MKIII
insurance from Falcon, the EAA recognized insurance company. That
covers $30,000.00 hull and $1,000,000.00 liability any where in the
Lower 48, Canada, and Alaska. Unlike AVEMCO, Falcon covers me
"anywhere" in Alaska and Canada. AVEMCO covered me up to the Arctic
Circle. Had to pay a super big additional fee to be covered north of
the Arctic Circle. Another plus is no deductible for in flight or on
the ground claims.
Prerequisite is EAA member ship and member of an EAA Chapter. If I
need it, it is more than worth it.
Another thought. I don't want an uninsured individual to destroy my
MKIII with his Challenger, Quicksilver, etc. The possibility of that
happening, especially at flyins, is great. We have had thunderstorms
rip and tear airplanes loose from their tie downs, slamming them into
other airplanes, like mine, that were tied down properly and did not
break loose. There are also all levels of pilot ability. I saw a
Kolb Twinstar T-Bone a future Sun and Fun Grand Champion Twinstar
because the pilot made a very dumb decision.
I did fly my first two airplanes, US and FS, without insurance,
because there was no insurance of any kind available at that time.
Glad I did not need it then.
Take care,
john h
MKIII
|
| | - The Matronics Kolb-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
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_________________
Richard Pike
Kolb MKIII N420P (420ldPoops)
Kingsport, TN 3TN0
Forgiving is tough, being forgiven is wonderful, and God's grace really is amazing. |
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JetPilot
Joined: 10 Jan 2006
Posts: 1246
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| Posted: Tue Feb 28, 2006 11:47 am Post subject: Re: Insurance :( |
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| Richard Pike wrote: | I will add just a bit to John's reply because I also have Falcon, with
$20,000 hull and one million liability, but the hull coverage is "not in
motion." If I crash it, I lose it, but if it is sitting still and
something else trashes it, or a tree falls on the hangar, I get paid
off. This saves me a bundle, premium is $672 a year. And most of that is
for the liability - if I drop the hull coverage, I only save a little,
can't remember how much, not enough to matter. Food for thought.
Richard Pike
MKIII N420P (420ldPoops)
|
Who is your insurance company Richard ????
I guess it all adds up to dollars, if liability is only a little more I would do it. But im more worried about stuff like others running into my plane, thunderstorms, tornados, etc. etc.
Michael A. Bigelow
| | - The Matronics Kolb-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?Kolb-List |
|
_________________
"NO FEAR" - If you have no fear you did not go as fast as you could have !!!
Kolb MK-III Xtra, 912-S |
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John Hauck
Joined: 09 Jan 2006
Posts: 4639
Location: Titus, Alabama (hauck's holler)
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| Posted: Tue Feb 28, 2006 1:40 pm Post subject: Re: Insurance :( |
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[quote will add just a bit to John's reply because I also have Falcon, with
$20,000 hull and one million liability, but the hull coverage is "not in
motion."]
Mike B: My reference is the first line of Richard P's reply to you.  [/quote]
| | - The Matronics Kolb-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?Kolb-List |
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_________________
John Hauck
MKIII/912ULS
hauck's holler
Titus, Alabama |
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JetPilot
Joined: 10 Jan 2006
Posts: 1246
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| Posted: Tue Feb 28, 2006 5:07 pm Post subject: Re: Insurance :( |
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Ok, I got it now, Falcon Insurance... I was thinking A Flacon airplane  ! I will give them a call tomorrow and see what kind of deal they have for me.
Thanks !
Michael A. Bigelow
| | - The Matronics Kolb-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?Kolb-List |
|
_________________
"NO FEAR" - If you have no fear you did not go as fast as you could have !!!
Kolb MK-III Xtra, 912-S |
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