View Full Version : Finally Show in the On Line Database 90 Days Later
NW_PILOT
November 27th 05, 12:46 AM
Wow, that took forever it seemed like to show up in the database! I am
getting ready to go do my Multi Engine & Single Engine Sea, I decided to put
on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder
how many CFI's out there don't have Insurance becuse of the costs.
DOI :08/26/2005
Certificate:COMMERCIAL PILOT
Rating(s):
COMMERCIAL PILOT
AIRPLANE SINGLE ENGINE LAND
INSTRUMENT AIRPLANE
Gene Whitt
November 27th 05, 01:40 AM
Y'All,
I am the only instructor at my FBO who has enough to make it worth while to
carry insurance. There are few if any law suits against instructors because
lawyers go after the money. Now
I pay S2000 for the non-owned aircraft hull insurance and liabiity.
Just this month my costs of certification and materials was over $1200.
Last year I made a profit of $4630. That is the most I have made as a
profit after expenses in 36 years. My wife is satisfied if I break better
than even one out of every three years as required by the IRS. Breaking
even in a hobby is about as good as it gets.
Gene Whitt
November 27th 05, 02:08 AM
Gene Whitt wrote:
> Y'All,
> I am the only instructor at my FBO who has enough to make it worth while to
> carry insurance. There are few if any law suits against instructors because
> lawyers go after the money.
That is true of youngsters who instruct. But, we retired pilots with
some fair amount of assets are quite attractive to lawyers.
I wouldn't think of instructing in my circumstances unless I was covered
by a $10 million instructor liability policy. That ain't likely to
happen. ;-)
John Doe
November 27th 05, 09:25 AM
What database?
"NW_PILOT" > wrote in message
...
> Wow, that took forever it seemed like to show up in the database! I am
> getting ready to go do my Multi Engine & Single Engine Sea, I decided to
> put
> on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder
> how many CFI's out there don't have Insurance becuse of the costs.
>
>
> DOI :08/26/2005
> Certificate:COMMERCIAL PILOT
>
> Rating(s):
>
> COMMERCIAL PILOT
> AIRPLANE SINGLE ENGINE LAND
> INSTRUMENT AIRPLANE
>
>
Matt Whiting
November 27th 05, 01:33 PM
Gene Whitt wrote:
> Y'All,
> I am the only instructor at my FBO who has enough to make it worth while to
> carry insurance. There are few if any law suits against instructors because
> lawyers go after the money. Now
> I pay S2000 for the non-owned aircraft hull insurance and liabiity.
>
> Just this month my costs of certification and materials was over $1200.
> Last year I made a profit of $4630. That is the most I have made as a
> profit after expenses in 36 years. My wife is satisfied if I break better
> than even one out of every three years as required by the IRS. Breaking
> even in a hobby is about as good as it gets.
> Gene Whitt
If you are breaking even ... it isn't a hobby! :-)
It sure sounds like a good hobby though. :-)
Matt
Matt Whiting
November 27th 05, 01:34 PM
wrote:
> Gene Whitt wrote:
>
>> Y'All,
>> I am the only instructor at my FBO who has enough to make it worth
>> while to carry insurance. There are few if any law suits against
>> instructors because lawyers go after the money.
>
>
> That is true of youngsters who instruct. But, we retired pilots with
> some fair amount of assets are quite attractive to lawyers.
>
> I wouldn't think of instructing in my circumstances unless I was covered
> by a $10 million instructor liability policy. That ain't likely to
> happen. ;-)
It is unfortunate that our tort system has taken most of the very
experienced instructors off the market, but that is the reality today.
Matt
NW_PILOT
November 27th 05, 09:19 PM
This One https://amsrvs.registry.faa.gov/airmeninquiry/default.asp
"John Doe" > wrote in message
ink.net...
> What database?
>
> "NW_PILOT" > wrote in message
> ...
> > Wow, that took forever it seemed like to show up in the database! I am
> > getting ready to go do my Multi Engine & Single Engine Sea, I decided to
> > put
> > on hold the CFI after looking at Insurance Costs. Wow! It makes me
wonder
> > how many CFI's out there don't have Insurance becuse of the costs.
> >
> >
> > DOI :08/26/2005
> > Certificate:COMMERCIAL PILOT
> >
> > Rating(s):
> >
> > COMMERCIAL PILOT
> > AIRPLANE SINGLE ENGINE LAND
> > INSTRUMENT AIRPLANE
> >
> >
>
>
Private
November 27th 05, 11:20 PM
"NW_PILOT" > wrote in message
...
> Wow, that took forever it seemed like to show up in the database! I am
> getting ready to go do my Multi Engine & Single Engine Sea, I decided to
> put
> on hold the CFI after looking at Insurance Costs. Wow! It makes me wonder
> how many CFI's out there don't have Insurance becuse of the costs.
>
>
> DOI :08/26/2005
> Certificate:COMMERCIAL PILOT
>
> Rating(s):
>
> COMMERCIAL PILOT
> AIRPLANE SINGLE ENGINE LAND
> INSTRUMENT AIRPLANE
Just make sure you don't get an entry in the NTSB database.
I think the quote is
"Don't worry about whether you live or die but rather how dumb you will look
in the accident report".
Happy landings,
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