Non-Owners insurance- Worthless?
Interesting! I don't have an answer for Matt regarding Non-owner's
insurance, but it appears that the SSA Endorsement to my AIG policy for
my ASW-19 has a useful amendment. This amendment changes the standard
policy exclusion of only allowing coverage for Standard Airworthiness
Certificated aircraft to permit coverage for Standard, Utility and
Experimental aircraft. Not only does this apply to my own aircraft, it
applies to aircraft I might rent.
It probably worth reading your policy if you don't get your aircraft's
insurance through the SSA and you want to rent an Expermental ship.
Matt, have you tried contacting Costello (the official insurance broker
for the SSA)? They advertise renter's insurance, and if it comes with
the same SSA endorsement I have you'll be covered with Experimental
ships.
-John
Matt Herron Jr. wrote:
I recently purchased Non-Owners (renter/borrower) Insurance so that I
could rent a ship at Minden, and take friends up in a 2 seater at
Williams. The company was Avemco, and they claimed when I called them,
that Experimental aircraft were covered as long as there was a valid
airworthiness certificate.
I subsequently rented a glider after presenting proof of insurance with
Avemco, and was told that they had contacted Avemco and Experimental
aircraft were not covered. My limited understanding is that many
gliders in the rental pool fall into the experimental category, perhaps
up to half. I guess you can't tell by type of glider either, as it
depends on how they were imported, equipment, etc. (my knowledge is
obviously sketchy here..)
When I complained, to their credit, Avemco allowed me to cancel with a
full refund, but I am glad I caught this. It doesn't seem to be
explicitly stated in the policy or the website.
Does anyone know where a guy can get non-owner's insurance that covers
experimental gliders from a reputable company?
Thanks!
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