"Jay Honeck" wrote in message
oups.com...
My friend is closing his aircraft repair shop at the end of the month,
after trying to make a go of it as an independent in Iowa City for the
last six years. With 40 years of wrench experience, over 100 engine
rebuilds, a Grand Champion trophy for his homebuilt(s), and a raft of
loyal friends and followers at airports across the Midwest, he has
finally run up against a problem that he simply can't fix.
snip
But times change. When he opened that liability insurance bill last
month, and it read "$15,000.00", he knew it was time to go. If he did
one annual a month, all year long, that would barely pay for the
insurance the airport required of him, and that simply didn't make any
sense anymore.
snip
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"
What rationale does the airport authority use in determining if (and what
amount) of liability insurance is required for an A&P?
I really don't see how the airport is at risk from an A&P any more than it
is at risk from an individual owner, or even worse, someone with a big 'ol
self fueling rig. ;-)
As a potential customer of the A&P, I would be interested in his liability
coverage because he might have a bad day and mess up my airplane (jack
incident, for instance), but that's my issue, and has no relevance to the
airport authority.
KB