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Old March 26th 04, 05:32 AM
Vaughn Simon
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"Caracole" wrote in message
om...

We have now received the following reply from our insurance carrier,
SSA's group plan with Costello. This plan does not cover towplanes
while towing ultralights. If the light sailplane has FAA
airworthiness (Experimental), towing it would be covered by Costello.
If the light sailplane has FAA airworthiness (Experimental), it can be
insured by Costello for hull and liability.
If the light sailplane has no FAA airworthiness certificate, Costello
offers no hull/liability coverage. There may be other insurance
sources.


It is interesting that aviation is increasingly being regulated far
more stringently by the insurance companies than by the FAA. The term "Self
Regulation" does not quite apply except in the very general sense that the
regulation comes from within the aviation industry, so I guess we could more
accurately call it "Market-Based regulation", or even "Insurance-Based
regulation".

Vaughn