Blanik hull insurance
On Monday, February 25, 2013 4:15:43 PM UTC-6, Bob McKellar wrote:
No, it's a real question, although the only Blanik I see regularly IS parked next to a tree line... It has just dawned on me that the annual hull (non flying) insurance premium on an old Blanik is about the same as the actual current market value The stated value in the policy is based on ancient history and is a significant hunk of money. I would think the insurance companies would be getting a mite nervous, give the low price of chainsaws these days. Bob
I figured it was a real question, Bob. Honestly, the contract with the insurance company is for a set price, on the plane that is being insured. Whether the airplane is airworthy, or not. Talk to your insurance copmany if you want to know all about "how it works".
The only reason you would need to talk to a lawyer, Ralph, is if you are the one who cut down the tree that fell on the Blanik. :-)
And for P7, what if I replace "mime" with "politician"?
Steve
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