insurance: vote with your $

"Ron Natalie" wrote in message om...
"misha" wrote in message ...

I though that chances of survival are pretty slim in a total loss event
in flight - I hope to make it to Eden and not to be too worried about
the money part.

You can do a lot of damage to the aircraft and still survive. If you have a loan
secured by the aircraft, they will almost certianly want insurance to protect
their interests by the way.

True. In fact, the majority of airplane accidents are not fatal.
Been there, done that, was really glad I had hull insurance.

John Galban=====N4BQ (PA28-180)

("misha" wrote)
snip
How many of you would dare to own a new a/c without having a full hull
value coverage?

If you "own" the plane outright, then your idea MIGHT work out for you
....only if you take those premiums and actually sock them away - just in
case something happens. Like an engine reserve account, only this is your
hull reserve account - IN THE BANK.

Remember to make the same ($$$) premium payments, only they go to YOUR bank
account (etc). It's a gamble.

Good luck

--
Montblack

"Montblack" wrote in message .. .


If you "own" the plane outright, then your idea MIGHT work out for you
...only if you take those premiums and actually sock them away - just in
case something happens. Like an engine reserve account, only this is your
hull reserve account - IN THE BANK.

You don't even need to maintain the reserve if you can live without a replacement
right away.