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#21
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I noticed on my Avemco insurance that "closed course racing"
is not covered by my policy. I also seem to recall experimental aircraft that I "borrow" are excluded from the "non-owned coverage" I'm normally extended by the policy. Does anyone have any comments about whether regional competitions are excepted by their coverage? How about borrowed experimentals? This one isn't terribly restrictive since it's usually easy enough to just get added by name onto the borrowed aircraft insurance. Sometimes for free, sometimes for 10% additional premium or so, in my past experience... -- ------------+ Mark Boyd Avenal, California, USA |
#22
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At 23:42 09 March 2004, Mark James Boyd wrote:
I noticed on my Avemco insurance that 'closed course racing' is not covered by my policy. I suppose it depends on how they define 'closed course.' For stuff I've been involved in, that's where the competitive arena is off-limits to non-competitors. Since soaring contests are conducted in open, public-access airspace, I'd hope its excluded. I also seem to recall experimental aircraft that I 'borrow' are excluded from the 'non-owned coverage' I'm normally extended by the policy. That's one of the reasons I don't find those renter policy thingies to be too terribly useful. Bob K. |
#23
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Ask Avemco for a definition of a "closed course". It probably doesn't
apply to glider contests. BTW: Avemco's interpretation is the only one that matters, including mine. Tom |
#24
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In article ,
Tom Seim wrote: Ask Avemco for a definition of a "closed course". It probably doesn't apply to glider contests. BTW: Avemco's interpretation is the only one that matters, including mine. Tom Well, if they say a soaring competition is an excluded event, then I would definitely switch companies before participating. So the opinions and exclusions of other insurers are important here too. Have any of you old guys (how about that guy who's "66") inquired about this for Avemco or other insurers? -- ------------+ Mark Boyd Avenal, California, USA |
#25
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#26
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In article ,
Kirk Stant wrote: (Mark James Boyd) wrote in message news:404eae3c$1@darkstar... So the opinions and exclusions of other insurers are important here too. Have any of you old guys (how about that guy who's "66") inquired about this for Avemco or other insurers? Mark, I've never heard of any exclusion for glider racing, as normally practiced. We just had Pat Costello give us an excellent talk about the aviation insurance business at our monthly ASA meeting, and the subject didn't come up - and I'm sure Pat was aware that half of the pilots in the audience were regular racers. And since most gliders (or at least a large number) are licenced "EXPERIMENTAL - RACING" I'm sure the subject would have come up if it was an issue. Just don't plan on taking your Lingus to Reno! Interesting question, though. I just went back through my policy, and while it does contain a reference to "Closed Course Racing" in the Exclusions, it also has a coverage amendment that specifically states that "The definition of non-commercial use includes participation in soaring competition or meets." So at least Costello (and AIG, the underwriter) understands glider insurance needs (which makes sense, since it's the SSA group insurance plan). Cheers, Kirk 66 Thanks Kirk! What a fantastic response. Appreciate the extra effort on your part! -- ------------+ Mark Boyd Avenal, California, USA |
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