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<< Lancair Builders' Mail List >>
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Had an interesting call from Avemco the other day. I now have a
construction policy with them for my ES, with a current insured value of
$160K (not updated for a while). They wanted to let me know that since, on
my latest pilot update survey, I had listed the value as well over $200K,
they would not be able to insure me when it takes flight, nor would they
even be able to issue a not-in-flight policy for hull value. Their
underwriting department now has an upper limit of $200K for all homebuilts,
I was told. It was essentially an invitation to seek insurance elsewhere.
!!!
Jim Cameron
N143ES
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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.
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