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<< Lancair Builders' Mail List >>
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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
LML website: http://members.olsusa.com/mkaye/maillist.html
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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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