Then they could not have been nicer. They arranged to pick up the bones (no
questions about it being totaled) and sent me a full check immediately. I
had it insured for what it cost me, which of course was now underinsured I
reminded them that the trailer was not insured by them and was not included.
No problem.
Same warning. Don't give the insurance company a chance to mail you.
Ed Byars
Ed,
While you are patting yourself on your back for having *most* of the
required paperwork on board (put a half of a gold star in your log
book), you completely missed the big pictu you were UNDER INSURED!
This could have led to a very distressing situation: an aircraft that
is damaged, but repairable. The insurance company pays you the face
value of the policy and takes possession of the "wreckage", repairs it
and sells it for more than what they paid you and the repair shop
combined.
Think that this can't happen? Think again! Read your insurance
contract- they have sole discression in this area.
At the very least you need to be fully insured so you can replace your
glider with something comparable. This is clearly an issue with the
dramatic rise of the Euro relative to the dollar.
Tom Seim
Richland, Wa
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