X-Virus-Scanned: clean according to Sophos on Logan.com Return-Path: Sender: To: lml@lancaironline.net Date: Sun, 29 Mar 2009 16:41:09 -0400 Message-ID: X-Original-Return-Path: Received: from [69.146.254.20] (HELO arilabs.net) by logan.com (CommuniGate Pro SMTP 5.2.13) with ESMTP id 3563216 for lml@lancaironline.net; Sat, 28 Mar 2009 21:59:13 -0400 Received-SPF: none receiver=logan.com; client-ip=69.146.254.20; envelope-from=Kevin@arilabs.net Content-class: urn:content-classes:message MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----_=_NextPart_001_01C9B011.E001CD82" Subject: RE: [LML] Re: Insurance X-MimeOLE: Produced By Microsoft Exchange V6.5 X-Original-Date: Sat, 28 Mar 2009 19:58:35 -0600 X-Original-Message-ID: <7141427652BB3049A7DBF1084B67805B1E30AE@penumbra.arilabs.net> X-MS-Has-Attach: X-MS-TNEF-Correlator: Thread-Topic: [LML] Re: Insurance Thread-Index: AcmwDsdpxeietdFQQGy6l89ARNuQWgAAogJA From: "Kevin Stallard" X-Original-To: "Lancair Mailing List" This is a multi-part message in MIME format. ------_=_NextPart_001_01C9B011.E001CD82 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: quoted-printable You, know the bottom line is the bottom line. =20 When AIG can make money on our insurance premiums, the premium will come down. They do need to make money to be in the business and as along as we are willing to kill ourselves on our aircraft, they can't make a profit. =20 We do not have a right to cheap insurance, it has to be earned.....I don't know what you are complaining about. We have folks that have been grossly irresponsible and incompetent and we are now paying the price. =20 It's economics, plain and simple. =20 =20 One of the things HPAT has discovered is there are some pilots out there that think they don't need training, and they can't stand sitting next to an instructor telling them they are doing something wrong. I hope this mentality begins to diminish, it would save lives and dollars... =20 =20 Kevin ________________________________ From: Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of PTACKABURY@aol.com Sent: 2009-03-28 19:36 To: lml@lancaironline.net Subject: [LML] Re: Insurance =20 Right on Charlie!!! Finally someone else has stated the obvious: To wit: Taking credit for engaging an insurance company to insure our aircraft who has no interest in same and is demonstrating their actual intent by establishing ever more obnoxious annual requirements does not merit hero status!! In fact it starts us down a road of insurance company dictated pilot and builder requirements beyond the fed's standards, established by years of negotiation by EAA, AOPA, the GA community and aviation in general. Additionally one size fits all training by ONE individual is clearly not sufficient to get the job done. I find it all a grand disservice to the many of us who have sent mega bucks to Redmond--at least we deserve more than self serving speak on this subject. Fortunately my LIV (no P) is eligible for liability from AVEMCO so I do not have to deal with the Bartells/HPAT/AIG cabal. I wish the LIVP/LIVPT flyers were granted a similar choice. paul, N94PT--winning races and going strong with dual LSE ignitions! =20 In a message dated 3/26/2009 5:14:48 P.M. Pacific Daylight Time, charliekohler@yahoo.com writes: =09 I have bad news and good news. =09 I received the bad news in the form of my AIG renewal quote. It was $12,000 (4%) for $300,000 hull coverage with a $50,000 deductible (in motion). And with the standard $1 million liability and $100,000 a seat.=20 I have over 30,000 hours, no accidents, no incidents, no violations, no gear ups, no claims, no nothing. Many thousands of hours in Lancair IV's. I would be crying but for the fact I have good news.=20 =09 The good news. I'm going to save a lot of money this year (I hope). Not only will I be saving $12,000 minus the liability premium, I will not be participating in the Lancair in-house inspections and HPAT check rides. =09 I will just have to be governed by the Federal Aviation Administration's woefully lame directives (I guess thats what AIG thinks)-- such as a part 43 Appdx D "Condition Inspection" and " instrument recurrency" and all the part 61 currency items. So instead of being checked by Tim W., and the HPAT instructors, I will have the ability to choose whoever I see as most qualified and available to administer these checks.=20 (Do they really think it's practical to fly a Lancair from Florida to Oregon and wait around in motels for over a week while they do their inspection? And then fly back home? When qualified pilot instructors and mechanics are nearby? =20 =09 Do you think this will seal my doom? Really?? =09 Re; AIG. I believe AIG has been neutered by it's stupidity over the bonuses and their mortgage insurance. The hammering by the media and public have pummelled the leadership to a pulp. I seriously doubt if they will be able to rationally discuss a reasonable Inspection, training, and rate structure for a airplane like the Lancair for quite awhile. =09 You know, I don't believe I care. When I see the numbers, the annual bonuses, and the high risk policies (on mortgages) they took on, I think the Lancair community is taking a lot of heat that it does not deserve.=20 =09 You know I think it comes down to being penny wise and pound foolish. And we're the pennies being charged way too many pounds for the foolish few.=20 =09 =09 Charlie K. =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 =09 -- For archives and unsub http://mail.lancaironline.net:81/lists/lml/List.html =20 ________________________________ Feeling the pinch at the grocery store? Make meals for under $10 . ------_=_NextPart_001_01C9B011.E001CD82 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

You, know the bottom line is the = bottom line.

 

When AIG can make money on our = insurance premiums, the premium will come down.  They do need to make money = to be in the business and as along as we are willing to kill ourselves on our = aircraft, they can’t make a profit.

 

We do not have a right to cheap = insurance, it has to be earned…..I don’t know what you are complaining = about.  We have folks that have been grossly irresponsible and incompetent and = we are now paying the price.

 

It’s economics, plain and = simple. 

 

One of the things HPAT has = discovered is there are some pilots out there that think they don’t need = training, and they can’t stand sitting next to an instructor telling them they = are doing something wrong.  I hope this mentality begins to diminish, = it would save lives and dollars…

 

 

Kevin

From: = Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of PTACKABURY@aol.com
Sent: 2009-03-28 = 19:36
To: = lml@lancaironline.net
Subject: [LML] Re: = Insurance

 

Right on = Charlie!!!

Finally someone else has stated = the obvious:  To wit:  Taking credit for engaging an insurance = company to insure our aircraft who has no interest in same and is = demonstrating their actual intent by establishing ever more obnoxious annual requirements = does not merit hero status!!  In fact it starts us down a road of insurance = company dictated pilot and builder requirements beyond the fed's standards, = established by years of negotiation by EAA, AOPA, the GA community and aviation in general.  Additionally one size fits all training by ONE individual = is clearly not sufficient to get the job done.  I find it all a grand disservice to the many of us who have sent mega bucks to Redmond--at = least we deserve more than self serving speak on this subject.  Fortunately = my LIV (no P) is eligible for liability from AVEMCO so I do not have to deal = with the Bartells/HPAT/AIG cabal.  I wish the LIVP/LIVPT flyers were granted = a similar choice.

paul, N94PT--winning races and = going strong with dual LSE ignitions!

 

=

In a message dated 3/26/2009 = 5:14:48 P.M. Pacific Daylight Time, charliekohler@yahoo.com = writes:


I have bad news and good news.

I received the bad news in the form of my AIG renewal quote. It was = $12,000 (4%) for $300,000 hull coverage with a $50,000 deductible (in = motion).  And with the standard $1 million liability and $100,000 a seat.
I have over 30,000 hours, no accidents, no incidents, no violations, no = gear ups, no claims, no nothing. Many thousands of hours in Lancair = IV's.  I would be crying but for the fact I have good news.

The good news. I'm going to save a lot of money this year (I hope). Not = only will I be saving $12,000 minus the liability premium, I will not be participating in the Lancair in-house inspections and HPAT check = rides.

I will just have to be governed by the Federal Aviation Administration's woefully lame directives (I guess thats what AIG thinks)-- such as a = part 43 Appdx D "Condition Inspection" and " instrument = recurrency" and all the part 61 currency items.
So instead of being checked by Tim W., and the HPAT instructors, I will = have the ability to choose whoever I see as most qualified and available to administer these checks.
(Do they really think it's practical to fly a Lancair from Florida to Oregon and wait around in motels for over a week while they do their = inspection?  And then fly back home? When qualified pilot instructors and mechanics are nearby? 

Do you think this will seal my doom? Really??

Re; AIG. I believe AIG has been neutered by it's stupidity over the = bonuses and their mortgage insurance. The hammering by the media and public have = pummelled the leadership to a pulp. I seriously doubt if they will be able to = rationally discuss a reasonable Inspection, training, and rate structure for a = airplane like the Lancair for quite awhile.

You know, I don't believe I care.  When I see the numbers, the = annual bonuses, and the high risk policies (on mortgages) they took on, I think = the Lancair community is taking a lot of heat that it does not deserve.

You know I think it comes down to being penny wise and pound = foolish.  And we're the pennies being charged way too many pounds for the foolish few. =


Charlie K.






























--
For archives and unsub = http://mail.lancaironline.net:81/lists/lml/List.html

 

=

Feeling the pinch at the grocery store? Ma= ke meals for under $10.

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