If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
renters insurance ?
don't buy renters insurance?
I have not for almost 15 yrs, I cover the FBO deductible by "self insuring". I accept the risk of injury to others, and chose not to buy insurance. Does the FBO from whom you intend to rent DEMAND that you have renters insurance to cover the full hull value, or just the deductible? Please read the article on this months (Aug) Private Pilot, Legal Briefs, Page 60. It goes over the "renters insurance" and the dilemma of what it will and will not cover. BT "JF" wrote in message et... OK, wrong newsgroup I suppose, but I was looking at some renters insurance since I sold my airplane....the rates seem rather high, but I don't have a comparison, except what I paid for my plane (about 1/3 of the renters quote!) at that rate I can't afford to rent a plane and will be back in the buying mode soon! I was just wanting to rent a 172/182 type aircraft, not a B-737! Any suggestions? |
#2
|
|||
|
|||
"BTIZ" wrote in message news:3DjSa.9329$Je.7802@fed1read04... I accept the risk of injury to others, and chose not to buy insurance. You mean if you cause property damage or bodily harm to the tune of hundreds of thousands of dollars, you can and will just write a check? If not, then legal or not it does not seem to be good "citizenry" to be flying without liability insurance. -- Richard Kaplan, CFII www.flyimc.com |
#3
|
|||
|
|||
In article ,
JF wrote: OK, wrong newsgroup I suppose, but I was looking at some renters insurance since I sold my airplane....the rates seem rather high, but I don't have a comparison, except what I paid for my plane (about 1/3 of the renters quote!) Liability is cheap but hull coverage for me was about 1.25% of the hull value. I only carry enough hull for a typical accident and risk the rest... -- Ben Jackson http://www.ben.com/ |
#4
|
|||
|
|||
true
"Ron Natalie" wrote in message m... "BTIZ" wrote in message news:eNnSa.9354$Je.5341@fed1read04... And every passenger signs a statement that they know that flight is a hazardous endeavor, especially to see the Grand Canyon in the summer You can't waive gross negligence away. |
#5
|
|||
|
|||
"Ron Natalie" wrote in message m... You can't waive gross negligence away. Not only that, but the biggest issue with liability insurance is repairing damage which might be caused to a third party's property or third party personal injury in the event of an off-airport landing. The original poster can rant all he wants about the tort system, but clearly he needs to accept this responsibility if he chooses to fly. And "accept" means he is willing and able to write a check with lots of zeroes. -- Richard Kaplan, CFII www.flyimc.com |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
non-owner insurance | Matt Whiting | General Aviation | 1 | February 11th 05 11:02 PM |
Renter's Insurance - Questions & Advice | Tino | General Aviation | 0 | March 19th 04 08:44 PM |
Aviation Insurance History, data, records? | cloudclimbr | General Aviation | 0 | February 17th 04 03:36 AM |
insurance companies/brokers for low-time pilots | Ben Jackson | Owning | 5 | July 16th 03 12:53 PM |
insurance: vote with your $ | misha | Owning | 28 | July 15th 03 05:23 PM |