Renter Insurance

Well like I said, I have to have the renters insurance..not something I
would consider under different circumstances due to the fact that my flight
school here has insurance that covers all but $1000 deductible. But the
place where I am doing the taildragger thing requires the renters insurance
for solo and aircraft rental.
Been alot of discussion on insurance but no answers to my questions? I
did find a place that financed the premiums. Avemco was the cheapest but
they would not finance. So I have to pay alittle more and for alittle more
coverage...had to go with 40,000 hull instead of 25,000.
Anyway I will have it for my next flying trip! Myself I think insurance
is a rip off in general. I think back on the outrageous premiums paid for
auto insurance for all those years and WOW I could buy a very nice sports
car with all that money...since I have never filed a claim.
Then you have your medical insurance, which loves you while you are
young and healthy and then wants to cancel on you because you get old!!!!!
Homeowner's insurance that is supposed to cover your home,..but WAIT you
must have earthquake insurance and flood insurance extra!!!! Nothing but
price gouging, IMHO. If the insurance is just we pick and chose what we
cover, then is it really insurance,...or just flushing money down the big
huge toilet!!! Sometimes I wonder.

Patrick
student SPL
aircraft structural mech
"Robert M. Gary" wrote in message
ps.com...
That is waaaaayyyy to blanket of a statement. Buying insurance is
just like any other financial decision. You must weight the risk vs.
the reward. There is no way possible to assign all your risk to
insurance companies so you must decide how much you are willing to pay
to reduce your exposure. It greatly depends on the assests you are
trying to protect and your level of comfort.

-Robert