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non-owner insurance
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October 30th 05, 01:10 AM
Matt Whiting
external usenet poster
Posts: n/a
non-owner insurance
wrote:
On 29-Oct-2005, Matt Whiting wrote:
When I owned a Skylane, me and my partner had insurance that he'd
obtained by virtue, I believe, of being a veteran (Naval aviator)
through a company I can't recall now. We had $1MM smooth for only
$1,200 per year. However, I've not found a company that will write
anything close to that since 9/11.
My co-owners and I have $1 million "smooth" liability coverage from AIG
Aviation for our '79 Arrow IV. We do pay a few hundred dollars extra per
year for this coverage, but we've never had any problem getting it. For
what it's worth, all three co-owners are instrument rated and have at least
500 hrs total time. Based upon what our broker told us, the IR may make a
difference in being able to get the "smooth" coverage.
Interesting. I wonder if this is a new vs. longstanding policy issue.
I just went back through my email records of companies I had contacted
previously about this and AIG is one that told me no way. Here's the
message:
---------------------------------------------------------------------------
Novak, Jeff wrote:
The highest limits we would consider for a fixed wing piston aircraft
is $1,000,000 aggregate with $100,000 per passenger.
AIG Aviation, Inc.
-----Original Message-----
From: Matt Whiting ]
Sent: Tuesday, August 02, 2005 7:50 PM
To:
Subject: Non-owner liability coverage limit question.
Hello,
My employer allows employees to fly general aviation aircraft on
company business trips. However, to participate requires that the
employee carry $1,000,000 of liability coverage with at least $500,000
per seat. Do you offer seat limits this high?
Regards,
Matt Whiting
570-827-0864
Matt Whiting