Date: Thu, 29 Sep 2005 22:44:53 -0400
From: Finn Lassen <finn.lassen@verizon.net>
Subject: Re: [FlyRotary] Re: Insurance
In-reply-to: <list-741871@logan.com>
To: Rotary motors in aircraft <flyrotary@lancaironline.net>
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Let's say you are taxiing on some busy airport and happen clip the 
wingtip of a Learjet with your prop.
Wouldn't it be nice to have a $1,000,000 liability insurance, not to 
mention the insurance company's lawyers working for you?

Finn

Ernest Christley wrote:

>
> Rusty, why do you need insurance?  Aren't you paying for your aircraft 
> up front?  If you've not sunk a year's wages in borrowed money to 
> build the plane, what liability is there that you can't pay for.  It 
> appears that hitting something expensive with a crashing airplane is a 
> very difficult thing to do.  Nearly all the off airport accidents I've 
> heard of result in a bent up airplane and a very few bent trees.  I 
> just don't understand understand the driving need to spend thousands a 
> year that could better be spent on gas or recurrent training.  I still 
> think the biggest risk in general aviation is the nut holding the 
> stick.  In the long run, $1500 of training or just keeping current 
> will pay me back much more than the equivalent insurance.
>