Mailing List lml@lancaironline.net Message #20683
From: Bruce Gray <Bruce@glasair.org>
Sender: Marvin Kaye <marv@lancaironline.net>
Subject: RE: [LML] What you may not have known about aircraft insurance
Date: Wed, 24 Sep 2003 23:37:15 -0400
To: <lml>
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One thing the insurance companies are good at is collecting data. For many, many years, they've been auctioning off aircraft remains. They (the insurance adjustors) know, from their history of salvage auctions, the salvage value of any aircraft. From there, it's a simple numbers game.
 
Bruce
 
-----Original Message-----
From: Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of Jeffrey W. Skiba
Sent: Wednesday, September 24, 2003 10:02 PM
To: Lancair Mailing List
Subject: [LML] What you may not have known about aircraft insurance

After Ron's posting about Aircraft insurance, I was Thinking some more, and What I kind of want to know is WHO decides what the Salvage Valve is for the insurance companies??? aka his 50000 dollar example?
 
Any ideas ???
 
Thanks
Jeff
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