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Insurance, AvemCo, Racing
Clause
I just received my renewed AvemCo Policy. The total cost is
$2,677 up from $2,055.
Hull coverage of $70,000 w/$1,000 deductible in or not in motion
is $2,091.
Liability of $100,000 each person $1,000,000 total is $576.
I am a Commercial, ASELS, AMEL, Instrument rated pilot with over
2,000 hrs. Over 1,000 of the hrs are in HP aircraft. 250 are ME.
New
Amateur Built Aircraft Endorsement
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I. EXCLUSIONS APPLYING TO ALL COVERAGES
The following is added to EXCLUSIONS
APPLYING TO ALL COVERAGES in your Policy:
This Policy does not cover bodily injury,
property damage or Loss:
* When your insured aircraft:
* is used for aerial
seeding...training for, practicing for, qualifying for
or participating
in closed course racing:
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.
The above endorsement could put a real crimp on the SNF 100, the
Oshkosh Race and our private races.
Lets make ours a "High Performance Endurance Run(HPER)"
rather than a race.
--
Lorn H. 'Feathers' Olsen, MAA,
DynaComm, Corp.
248-478-4301, mailto:lorn@dynacomm.ws
LNC2, O-320-D1F, N31161, Y47, SE Michigan
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