In alt.games.microsoft.flight-sim Mxsmanic wrote:

Why do you need insurance?

You don't. But if you don't have insurance you had better have very deep
pockets and/or a bevy of lawyers on hand (at least in the US).

Yes, you could go naked on the insurance, but if thats the case you
might have to buy your own airport.

How often does that actually happen?

At every airport I have based my Bonanza, I have been required to show
some proof of liability insurance in order to rent or own either a
hangar or a tie-down. I guessing you wouldn't need to to that if you
owned the airport.

Sometimes it's more cost-effective to do without. And if you have enough
socked away to pay for repairs or even to buy a new aircraft, why bother to
insure it? Unless you can get really good premiums, that is.

Its not the repair or replacement of the plane that is the issue. Its
the liability. Crash your plane into a playground full of children
and you will have lawyers suing you before you can even crawl out of
the wreckage. At least here in the US. I understand other country's
have different rules when it comes to liability.


I'm tired of insurance companies dictating to the rest of society.

You and me both.

--
Frank Stutzman
Bonanza N494B "Hula Girl"
Hood River, OR (soon to be Boise, ID)