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Finally Show in the On Line Database 90 Days Later
Wow, that took forever it seemed like to show up in the database! I am
getting ready to go do my Multi Engine & Single Engine Sea, I decided to put on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder how many CFI's out there don't have Insurance becuse of the costs. DOI :08/26/2005 Certificate:COMMERCIAL PILOT Rating(s): COMMERCIAL PILOT AIRPLANE SINGLE ENGINE LAND INSTRUMENT AIRPLANE |
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Finally Show in the On Line Database 90 Days Later
Y'All,
I am the only instructor at my FBO who has enough to make it worth while to carry insurance. There are few if any law suits against instructors because lawyers go after the money. Now I pay S2000 for the non-owned aircraft hull insurance and liabiity. Just this month my costs of certification and materials was over $1200. Last year I made a profit of $4630. That is the most I have made as a profit after expenses in 36 years. My wife is satisfied if I break better than even one out of every three years as required by the IRS. Breaking even in a hobby is about as good as it gets. Gene Whitt |
#3
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Finally Show in the On Line Database 90 Days Later
Gene Whitt wrote:
Y'All, I am the only instructor at my FBO who has enough to make it worth while to carry insurance. There are few if any law suits against instructors because lawyers go after the money. That is true of youngsters who instruct. But, we retired pilots with some fair amount of assets are quite attractive to lawyers. I wouldn't think of instructing in my circumstances unless I was covered by a $10 million instructor liability policy. That ain't likely to happen. ;-) |
#4
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Finally Show in the On Line Database 90 Days Later
What database?
"NW_PILOT" wrote in message ... Wow, that took forever it seemed like to show up in the database! I am getting ready to go do my Multi Engine & Single Engine Sea, I decided to put on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder how many CFI's out there don't have Insurance becuse of the costs. DOI :08/26/2005 Certificate:COMMERCIAL PILOT Rating(s): COMMERCIAL PILOT AIRPLANE SINGLE ENGINE LAND INSTRUMENT AIRPLANE |
#5
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Finally Show in the On Line Database 90 Days Later
Gene Whitt wrote:
Y'All, I am the only instructor at my FBO who has enough to make it worth while to carry insurance. There are few if any law suits against instructors because lawyers go after the money. Now I pay S2000 for the non-owned aircraft hull insurance and liabiity. Just this month my costs of certification and materials was over $1200. Last year I made a profit of $4630. That is the most I have made as a profit after expenses in 36 years. My wife is satisfied if I break better than even one out of every three years as required by the IRS. Breaking even in a hobby is about as good as it gets. Gene Whitt If you are breaking even ... it isn't a hobby! :-) It sure sounds like a good hobby though. :-) Matt |
#6
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Finally Show in the On Line Database 90 Days Later
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#7
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Finally Show in the On Line Database 90 Days Later
This One https://amsrvs.registry.faa.gov/airm...ry/default.asp
"John Doe" wrote in message ink.net... What database? "NW_PILOT" wrote in message ... Wow, that took forever it seemed like to show up in the database! I am getting ready to go do my Multi Engine & Single Engine Sea, I decided to put on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder how many CFI's out there don't have Insurance becuse of the costs. DOI :08/26/2005 Certificate:COMMERCIAL PILOT Rating(s): COMMERCIAL PILOT AIRPLANE SINGLE ENGINE LAND INSTRUMENT AIRPLANE |
#8
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Finally Show in the On Line Database 90 Days Later
"NW_PILOT" wrote in message ... Wow, that took forever it seemed like to show up in the database! I am getting ready to go do my Multi Engine & Single Engine Sea, I decided to put on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder how many CFI's out there don't have Insurance becuse of the costs. DOI :08/26/2005 Certificate:COMMERCIAL PILOT Rating(s): COMMERCIAL PILOT AIRPLANE SINGLE ENGINE LAND INSTRUMENT AIRPLANE Just make sure you don't get an entry in the NTSB database. I think the quote is "Don't worry about whether you live or die but rather how dumb you will look in the accident report". Happy landings, |
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