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Freelance CFIs and plane rentals??



 
 
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Old February 24th 04, 05:36 PM
Robert M. Gary
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"Richard Hertz" wrote in message . net...
"Robert M. Gary" wrote in message
om...
"C J Campbell" wrote in message

...
I don't know whether or not it will "work," but I know of students who rent
from a non-FBO. This person had a few C172s and rented them out at
competitive rates.

So how can FBOs afford it?



They have a minimum of 3 planes or they continue to renew an existing
policy.

My policy (AIG ) makes no distinction between who is PIC. It simply
says only a named insured can be "piloting" the plane. This means
there is no insurance if they think anyone else touched the controls.


I can have an unnamed pilot - but I assume you mean not being instructed.


No, just flying. You need to look at the "open warranty" clause in
your policy. It will state the requirements of the unnamed pilot. I
would be VERY surprised if it didn't say that the unnamed pilot didn't
have to at least hold a private. Usually they have to have close to
the same hours as the named pilots since that is what the policy price
is based on.
 




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