From: "Ed McCauley" <ed.mccauley@bltinc.com>
To: <lancair.list@olsusa.com>
Subject: Insurance
Date: Fri, 29 Mar 2002 08:35:24 -0500
Message-ID: <IJEBKCKHOIKAOAHEEGPKEEOMDEAA.ed.mccauley@bltinc.com>
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For those of you who don't get the AOPA news letter...

AOPAIA FINDS INSURANCE FOR HOMEBUILT OWNERS 
Homebuilt aircraft owners were shocked last week when Avemco 
(which is a direct insurer, not an insurance agency) suddenly 
issued a moratorium on policies for higher performance homebuilt 
and experimental aircraft. The company reportedly will no longer 
write new policies for aircraft with retractable gear, more than 
200 horsepower, more than $200,000 in value, or capable of 
cruising faster than 180 knots. But the AOPA Insurance Agency 
(AOPAIA) has identified a number of companies willing to write 
such insurance. "Sadly, we can't help everybody. There are some 
risks the insurance companies are unwilling to cover," said 
AOPA President Phil Boyer. AOPAIA has established a special 
"Experimental Desk," staffed by experienced agent Silka Bulleigh. 
Call 800/622-2672, extension 127, or see AOPA Online 
( http://www.aopa.org/whatsnew/newsitems/2002/02-1-158.html ). 


Ed McCauley
Milford, NJ
Lancair IV-P -23.493 +/- 30% Complete 

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