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#12
May 14th 04, 06:04 AM
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"Chris" wrote in message om... "C J Campbell" wrote in message ... Despite what others have posted, this is a very common requirement and insurance companies always grant it. It is not, however, in your best interest, since it dilutes your insurance coverage. My concern is the FBO could make a claim without anything actually happening. I.E. blame me for something I didn't do. That is the least of your concerns. Here is what happens: You think you have $1 million liability insurance. Now that the FBO is a named insured, you really only have $500,000 liability insurance, because in the event of an accident the FBO is entitled to coverage under your policy. Basically, you are paying for the FBO's liability insurance. 
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