My Non-owned Renters Policy with AVEMCO for $50,000 Hull coverage and Std
Liability Coverage is about $600 a year and covers multi engine.
BT

"bildan" wrote in message
...
On Jun 23, 7:25 am, "vaughn"
wrote:
"jsbrake" wrote in message

...

Perhaps I'm being naive, but wouldn't the FBO insure the glider and
pass on a portion of the insurance costs to the renter as part of the
time-for-use charge? After all, the FBO should already have insurance
on the ship as a commercial operation.

It is indeed normal for an FBO (powered or glider) to insure rental
aircraft. Like all costs, you can be sure that those costs are passed on
the renter. Unfortunately, the renter gets little or no benefit form that
insurance because the "insured party" is normally defined as the FBO and
the
owner of the aircraft (if they are different). In this way, the insurers
"double dip" by retaining the right to claim damages from the renter in
case
of accident. For protection from this event, the renter must buy "renter's
insurance" to protect themselves from being sued by the insurance
companies.
My renter's insurance costs me about $1,000/year and still only includes
modest hull coverage. The only good part is that mine covers both gliders
and airplanes.

Vaughn

Yep. Insurance companies are in it for the money - they need a lot of
it so they can cover their subprime mortgage and Credit Default Swap
losses.

Renter's insurance is a great deal for them. They get to sell
hundreds of $1000/year policies on top of the FBO's policy.