"TaxSrv" wrote settlement. It's very easy for them to
wind up with a net loss
through litigation. So again I want to know how even occasional such

An airplane could easily cause $1M or more in damage or personal injury.
This is rare but not unheard of. The costs you mention would be negligible
vs. such a claim. Even pilots who do not have visible assets will generally
have a visible future income stream that can be attached.

Insurance is not to cover anticipated, common occurrences; it is to cover
the risk of rare but catastrophic losses.

--------------------
Richard Kaplan

www.flyimc.com