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
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