Mailing List lml@lancaironline.net Message #32174
From: <VTAILJEFF@aol.com>
Sender: <marv@lancaironline.net>
Subject: Re: [LML] Re: Insurance
Date: Fri, 30 Sep 2005 11:59:37 -0400
To: <lml@lancaironline.net>
In a message dated 9/30/2005 10:23:36 A.M. Central Standard Time, lancair@ustek.com writes:
But I'll be flying soon and the clock is
ticking.  I have a broker looking elsewhere now for options less heinous.
Mr. Simon,
 
You make this AIG/ Lancair insurance thing sound like a conspiratorial plot between Lancair and the entire aviation insurance industry to corner the market and keep you and others from flying. Far from it.
 
The facts are: not too long ago NO ONE could get insurance for a IVP Turbine; IVP insurance was/ is expensive from anyone IF you could get it.
 
Your statements here lead me to conclude that you do not want or need training nor do you want anyone inspecting your aircraft. You are free to do so and the insurance industry is free to decline coverage or to price it accordingly. There are other companies besides AIG (GLobal/ London etc.) that write coverage but most require annual training. Lancair did not negotiate that with them-- that was their decision and is customary in this type aircraft.
 
Three years ago when I was completing my IVP, AVEMCO withdrew from the IVP market and left quite a few of us high and dry. Lancair worked very hard to get companies to consider underwriting the coverage. You do those people at Lancair a disservice by offering your uniformed views here.
 
IMHO, the options presented by Lancair and AIG are "less heinous" than what you propose.
 
Respectfully,
 
Jeff Edwards
LIVP N619SJ
 
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