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Old November 16th 09, 11:49 AM posted to rec.aviation.piloting
Mark
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Default Aviation Insurance

On Nov 16, 12:45*am, Jeffrey Bloss wrote:

Plane insurance is still a fairly competitive field which means that
they keep each others rates inline *but* if they get a hardon for a
certain plane, type or certification, you can find yourself with a
gobful of insurance $$$ to expend.


That's what I'm saying. So, if you own the plane outright,
then you can circumvent the insurance requirement by
basing it out of a state that doesn't require coverage, or
better yet, have the craft owned by a tax exempt, limited
liability corporation. That's the proposed theory anyway.

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Mark