Mailing List lml@lancaironline.net Message #388
From: Jim Cameron <toucan@78055.com>
Subject: Avemco insurance limit
Date: Tue, 8 Jan 2002 20:19:38 -0600
To: Lancair Mail List <lancair.list@olsusa.com>
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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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