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David,
My LIVP suffered a prop strike at my local airport, engine running, when my nose gear broke/fell into a damaged fuel pit access cover. Between having the engine removed and sent it for teardown/inspection and having to wait for a new Hartzell prop, I was down for a full six months. The airport insurance paid in full but denied loss of use. That incensed my attorney.
We eventually received a very substantial loss of use settlement in a "settlement" that was not adjudicated. You will probably not find a documented precedent because we couldn't.........apparently they are settled so as not to create a precedent.
Contact me offline at 740-439-4988 for further details.
Carl La Rue
On Tue, Sep 7, 2010 at 10:48 AM, David Standish <carbonflier@gmail.com> wrote:
Any suggestions as to how to value loss of use of my airplane after my propeller incident? The propeller was damaged by an FBO in Spokane. Does any one know of some formula the insurance industry might use based on typical hourly expense multiplied by days grounded? Would one attempt to claim the expense of planned trips on the airlines vs. expense of flying my airplane? For example the price of three airline tickets to Reno less six hours expenses for my LNC-4. I was at the beginning of a flying vacation when the incident happened. During August to October I had planned to fly to Spokane (twice), Eugene, Front Range, Races at Reno, and perhaps training at Napa. All those airline tickets would be thousands of dollars not to mention loss of use for spur of the moment purposes.
The propeller is being repaired in Seattle. The engine is in the middle of tear down for inspection in Tulsa (Barrett). TCM's position was that if the propeller could not be repaired on the airplane that mandatory tear down and inspection was required regardless of the results of the propeller and prop. flange inspection.
David
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