Hi,

Does either option provide any insurance for you?

If you are a part owner in the plane, make sure you are listed as a
'named insured' on the insurance policy (or that the policy includes a
'no subrogation' clause). This will help prevent the insurance company
from coming after you in the event they pay the club for a claim.

Will you be responsible for any deductibles in either case?

Thanks for the insurance warnings. I will check them out.

The university club web-page says, "As a member of the CFC, you
will become an equal owner of our aircraft. All aircraft are maintained to
the highest standards and we carry excellent insurance." But the
university club's constitution has this to say:

"Section B - Financial Responsibility

1. A flying member operating a Club airplane shall be totally responsible
for any damage occurring while the airplane is in his/her custody.

2. A flying member's responsibility shall begin when the airplane is
untied or accepted from another member, and continued until it is tied
down or turned over to another member.

3. If damage should result from a mechanical defect or other factor beyond
the control of the member concerned, the flying members may elect, by
majority vote, to share or absorb completely the resulting cost, depending
on the circumstances of the individual case."

But I have not yet found insurance information at the other flying school
(Northampton Airport) online.

Sincerely,
Vishvas