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Insurance Urban Legends (or not)...



 
 
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Old February 12th 07, 05:50 PM posted to rec.aviation.homebuilt
wright1902glider
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Default Insurance Urban Legends (or not)...

On Feb 11, 12:01 pm, "Kyle Boatright" wrote:
There are three insurance tales that are repeated from time to time in
various aviation forums:


Well, this is not a direct response to your question, but I did have a
very difficult time finding a company that would write a policy on my
Wright Brothers machine. It seems that all of the major carriers won't
insure a one-off or one of a kind aircraft because there's no
statistical insurance data to base the rate on. Even Cannon, who
insures all of the warbirds, MiG's etc. wouldn't touch it. I finally
got a policy through American Specialty Insurance for liability only.
They wouldn't cover the hull. But then, I didn't really expect them to
either.

Harry


 




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