Return-Path: Received: from pop3.olsusa.com ([63.150.212.2] verified) by logan.com (CommuniGate Pro SMTP 3.5.6) with ESMTP id 1126614 for rob@logan.com; Tue, 05 Mar 2002 07:20:37 -0500 Received: from ns2.elp.rr.com ([24.92.98.2]) by pop3.olsusa.com (Post.Office MTA v3.5.3 release 223 ID# 0-71866U8000L800S0V35) with ESMTP id com for ; Tue, 5 Mar 2002 02:32:35 -0500 Received: from oemcomputer (cpe-66-25-240-31.gt.rr.com [66.25.240.31]) by ns2.elp.rr.com (8.11.4/8.11.4) with SMTP id g257ZPZ09168 for ; Tue, 5 Mar 2002 00:35:25 -0700 (MST) Message-ID: <000801c1c428$871327c0$1ff01942@gt.rr.com> From: "Greg Nelson" To: References: <5.1.0.14.2.20020304210615.045973a0@olsusa.com> Subject: Re: Help with insurance Date: Tue, 5 Mar 2002 01:31:28 -0800 MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Mailing-List: lancair.list@olsusa.com Reply-To: lancair.list@olsusa.com <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> << Lancair Builders' Mail List >> <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> >> Gary writes: >> I am a builder of LNC2 and just received the builder's insurance policy renewal from AVEMCO. The rate went up 100%, << Gary: Despite the hazardous building and cleaning materials and extensive use of hand tools, etc., that we Lancair builders use in the building process, over the past eleven years, I have heard of just one Lancair builder suffering a "catastrophic" loss of airplane, materials and/or personal liability in the building process. Minor dollar losses have occurred for sure but only one catastrophic loss that might have warranted builder's insurance. (A professional aircraft painter was struck and seriously injured by a propeller some years ago as reported in the "Lancair Network News".) Insurance losses for Lancairs that are most frequently seen and are so prodigiously expensive are the "in flight" losses which argue for flight liability and perhaps hull insurance after the building process is substantially finished. So, on my next airplane (probably in my next life) I will not use builders insurance opting instead for extreme vigil to avoid any need of insurance. I know that others have opinions on this issue and we shall certainly hear from those having strong opinions. Greg Nelson >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> LML website: http://members.olsusa.com/mkaye/maillist.html LML Builders' Bookstore: http://www.buildersbooks.com/lancair Please remember that purchases from the Builders' Bookstore assist with the management of the LML. Please send your photos and drawings to marvkaye@olsusa.com. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>