Hawgwash!!
Lets continue the discussion by first defining the real problem:  Single source, one size fits all training focused on meeting the draconian, ever changing reqirements of AIG, an insurance company who doesn't want to write insurance for Lancairs (except maybe factory Lancairs).  Jeff has shown a meaningful relationship between time in type and accident rates--I have seen no similar correlation between HPAT and accident rates--and yet AIG offers no discount for thousands of total hours or hundreds of hours in type.  Actually, given the loss of the factory Legacy and racin' 99, I would guess the factory is one of the worst clients for insurance after a realistic risk assessment, even after their years of partnership with HPAT.
The problem is AIG and the solution is competition.  Competition will develop when we as owners and flyers make alternative source insurance available first to the lower risk parts of the community and show underwriters there is a way to make a buck even with Lancairs (go LOBO!).  If the stats are true then everyone would want to insure a LIVP pilot with over 1000 hrs TIT because one has never had an accident!
After receiving my "thanks for your business--reapply and we will maybe write you the same policy for a 25% increase in premium and a 10% deductible" letter form AIG, I contacted AVEMCO and they issued me liability coverage for about $500.  True I have a LIV, not P, and they will not issue hull and I do have a lot of flying20time, experience and training, and I have insured with AVEMCO in the past and never had a claim, so I really don't know what their criteria are for issuing a policy.  I do know they do not require anything beyond the normal bi-annual and medical (if it is good enough for the feds it is good enough for them and ok with me).
paul, N94PT

 
-----Original Message-----
From: Craig Gainza <cgainza@msn.com>
To: lml@lancaironline.net
Sent: Tue, 23 Dec 2008 5:41 pm
Subject: [LML] Re: Insurance