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"George Patterson" wrote in message
news:dcG9e.13130$Fm5.9947@trndny09... Dave Stadt wrote: If you believe GA is in good shape in France and other parts of the EU go to the AOPA WEB site and read about the new liability insurance requirements the EU has placed on GA aircraft. $119 million in liability insurance required for a 182. Doesn't sound healthy to me. Read through the actual PDF document. For a private operator, they require a minimum of 100,000 SDRs/passenger and 1,000 SDRs for luggage. For coverage of non-passengers, you need 3 million SDRs for a 182. The current exchange rate is 1.51746 dollars to one SDR. While the rate is still crazy, no way can I make it add up to $119 million. Seems to me that's a policy for $4,552,380 with sublimits of $151,746 per seat, plus a luggage allowance. In any case, what's important is the amount of the premium, not the coverage amount. Liability cases are not settled by juries in Europe, nor are the awards very high (by American standards). I'd bet the premiums are far lower as well. Stefan? Wolfgang? Martin? Dylan? What's insurance like over there? My Bulldog, 200hp 2 seats, nosewheel, aerobatic and formation included, £32,000 hull, £3m liability, £7.5m liability for government (RAF and RNAS) aerodromes this year is £1366. 15% discount next year if I don't make a claim. Paul |
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