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"Paul kgyy" wrote in message
oups.com... More and more airports are adding to their leases a requirement that the airplane insurance include the airport as Named Insured. This dilutes your insurance coverage and should be avoided if possible. Do you mean on the aircraft policy? We also have insurance on the hangars themselves, paid through the association which covers (in our case, a total of 18) all hangar owners, which provides general liability insurance for the airport. Not sure if the AP is a named insured on this policy, but I suspect it is. Given the general shortage of hangars, problems occur when people use them to store things instead of airplanes. We certainly have those problems now, although it isn't clear if it is because of lax lease agreements or lax enforcement. Near Lake Mead, it turns out that hangars are cheaper than boat storage facilities.... |
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