From: Sky2high@aol.com
Message-ID: <979a9172.24e2f487@aol.com>
Date: Wed, 11 Aug 1999 11:45:11 EDT
Subject: Insurance, Airport rules
To: lancair.list@olsusa.com
Mime-Version: 1.0

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Matt,

Like Brent, I only insure for liability and "not in motion" -- and for the 
same reasons (My Skymaster is similarily insured).  I also own a "very light" 
tube and fabric aircraft for which I only carry liability.  The interesting 
part is that I am the only named insured on each aircraft, can only fly one 
at a time, and yet I pay liability for each one.  I will be looking into my 
umbrella policy to make sure I would be additionally covered.

Liability insurance is to cover me for the unknown-amount lawyer reward 
system.

Not in motion insurance is for things I have no control over when I travel to 
other airports (theft, storm, goofy accident while parked, etc).

In-flight self-insurance is for a fixed known loss - the value of the 
airplane at worst, some lesser amount for the parts I broke.

Your airport rules about locks, no maintenance, etc. implies that you have 
placed your airplane in their care and their insurance, plus your hangar 
insurance, should cover damage to and theft from your airplane.  Just don't 
leave your airplane at another airport.

BTW, I have been unable to find coverage for landing atop an elephant roaming 
on the runway.  Not a serious problem in my area since I just snap my fingers 
to keep them away and it seems to be working.

Scott Krueger
N92EX
N98SK
N1884M


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